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IMF approves debt relief for 25 poor countries. (PTI Photo)

IMF approves immediate debt relief for 25 poor countries

The fund together with the World Bank have called for rich nations to stop collecting debt payments from poor countries

14 April 2020 4:13 PM IST

Auto dealers to strictly comply with lockdown extension. (PTI Photo)

Auto dealers to strictly comply with coronavirus lockdown extension

Federation of Automobile Dealers Associations had written to PM Modi seeing financial support to save their businesses...

14 April 2020 3:36 PM IST

An empty passport control area is pictured at one of the airport terminals. AFP photo

Suspension of domestic, international passenger flights extended

The civil aviation sector has been hit hard by the COVID-19 pandemic

14 April 2020 2:54 PM IST

India Inc stands by lockdown extension call; seeks stimulus package to rebuild economy. (Photo- Social Media)

India Inc seeks stimulus package after lockdown extension

Late last month, the government announced a Rs 1.7 lakh crore package aimed at providing relief to those hit hard by the...

14 April 2020 2:09 PM IST

Reliance Industries (RIL) to hit NCD market with Rs 10,000-cr issue on Apr 16. (Photo-PTI)

Reliance Industries to launch Rs 9,000 cr non-convertible debenture...

The proceeds from the debt sale will be used to repay existing rupee debt

14 April 2020 12:47 PM IST

US approves sale of anti-ship missiles, torpedoes worth USD 155 million to India. (AP Photo)

US approves sale of torpedoes, missiles to India

Missiles and torpedoes worth USD 155 million to India to enhance its deterrent capabilities against "regional threats"

14 April 2020 12:17 PM IST

Record oil output cuts fail to make waves in coronavirus-hit market. (AFP photo)

Oil prices rise amid hopes for US deeper output cuts

United States is reducing output as well and other countries are taking estimated cut in production to about 19.5...

14 April 2020 11:27 AM IST

Government to come out with sovereign gold bonds at 2.5% interest. (AP Photo)

India to issue sovereign gold bonds at 2.5% interest rate

The bonds will be issued in six tranches until September, and will be sold through banks and designated post offices

14 April 2020 10:37 AM IST

Indian manufacturers of masks and gloves are very upset that no import duty will be levied on these items. (AFP Photo)

Indian manufacturers upset over zero duty on imported masks and gloves

There will be zero import duty on gloves from Malaysia while Indian gloves will attract 11 per cent GST

14 April 2020 9:29 AM IST

Retail inflation growth eases to 5.91% in March. (PTI Photo)

Retail inflation growth drops to a four-month low in March

Annual retail inflation eased to 5.91% in March, down from 6.58% the previous month

14 April 2020 9:08 AM IST

The worlds biggest lockdown may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period. (PTI Photo)

Covid19 lockdown may cost Rs 7-8 lakh cr to Indian economy

The rapid spread of COVID-19 has not only disrupted the global economy but also triggered a partial shutdown in many...

13 April 2020 6:16 PM IST

ADB triples coronavirus funding for members to $20bn. (PTI Photo)

Asian Development Bank triples covid19 response package to $20 billion

Asian Development Bank sees India's economic growth slipping to 4% in FY21

13 April 2020 5:11 PM IST