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Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI PHOTO)

India's near-term growth outlook has deteriorated sharply: RBI...

Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19

13 April 2020 2:04 PM IST

Kia Motors exports hit hard, three plants in South Korea may be shut down. (AFP PHOTO)

Kia Motors to suspend three South Korean factories as virus hits...

Kia Motors is currently reviewing the suspension of some of its plants in Korea in response to declining global demand...

13 April 2020 1:35 PM IST

Pakistan Prime Minister Imran Khan. (PTI Photo)

IMF to consider $1.4 billion loan to Pak to tackle covid19 economic...

Pakistan in March had requested the IMF for a low-cost, fast-disbursing loan under the fund's Rapid Financing Instrument

13 April 2020 1:32 PM IST

A customer exchanges currency at a forex bureau. (PTI Photo)

Rupee opens flat at 76.43 against US dollar

The rupee opened weak at 76.32 at the interbank forex market and then fell further to 76.43

13 April 2020 11:57 AM IST

Peoples Bank of China (PBOC) has bought 1.01 per cent stake in the Housing Development Finance Corporation. (ANI Photo)

People's Bank of China increases stake in HDFC

The disclosure has been made now since the stake has hit the 1 per cent regulatory threshold

13 April 2020 10:31 AM IST

Equity benchmark Sensex dropped over 600 points in opening trade on Monday. (PTI Photo)

Sensex ends 470 points lower, Nifty below 9,000 mark

Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent

13 April 2020 10:13 AM IST

Asian shares fall as oil rallies after OPEC+ output cuts deal. (AFP Photo)

Asian markets dip after OPEC+ deal to cut oil production

Oil benchmarks surged in early Asian trade, with WTI climbing nearly eight percent and Brent up five percent

13 April 2020 9:58 AM IST

Top oil producers agree historic cuts due to coronavirus crisis. (AFP Photo)

OPEC, Russia approve biggest ever oil cut amid coronavirus

In the compromise reached they agreed to a cut of 9.7 million barrels per day from May

13 April 2020 8:59 AM IST

Repesentative Image (PTI)

Govt seeks inputs from five key sectors on expected output

The exercise may be viewed as a crucial move towards nursing the sectors back to health and resurrecting their...

12 April 2020 4:40 PM IST

PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life. (DC Photo)

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 April 2020 3:53 PM IST

Coal Minister asks chief ministers to not import coal, source domestic fuel. (PTI Photo)

Coal Ministry asks States not to import coal, domestic supply from CIL

The ministry asked the states to take the domestic supply of coal from Coal India Ltd which has ample availability of...

12 April 2020 2:03 PM IST

Prolonged lockdown may result in job cuts in IT industry. (PTI Photo)

Job loss, pay cut on cards for Indian IT industry

Job cut in the IT industry is inevitable even for bigger firms if the present situation across the globe continues for a...

12 April 2020 1:31 PM IST