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The global economy is expected to slump into recession in 2020 says RBI. (PTI Photo)

Virus has sharply altered India's economic recovery: RBI

India's economy expanded at its slowest pace in more than six years in the last three months of 2019

10 April 2020 12:18 PM IST

US job losses surge as 6.6 million workers apply for unemployment aid. (Photo- AFP)

Coronavirus impact: US unemployment claims surge by 6.6 million

Numbers released Thursday by the U.S. government showed that 6.6 million workers applied for unemployment benefits last...

10 April 2020 10:45 AM IST

UK court grants bankruptcy reprieve to Vijay Mallya

UK court grants bankruptcy reprieve to Vijay Mallya

The judge concluded that the legal cases being pursued by Mallya in India stood a reasonable prospect of success

10 April 2020 9:35 AM IST

(File) OPEC Conference President Saudi Arabias Energy Minister Khaled al-Falih (2ndR), OPEC Secretary General Mohammed Barkindo (R) and Angolas Governor for OPEC and Chairman of the Board of Governors Estevao Pedro (2nd L) the 173rd OPEC Conference of Organization of the Petroleum Exporting Countries (OPEC) in Vienna. (AFP Photo))

OPEC, Russia agree to oil output cuts; Mexico rejects global plan

The planned output curbs by OPEC+ amount to 8 million barrels per day

10 April 2020 9:09 AM IST

Prime Minister Narendra Modi with Finance minister Nirmala Sitharaman releasing publications at the launch of the Pradhan Mantri Jan Dhan Yojana in New Delhi.(Photo- PTI))

Govt to deposit Rs 1,000 in women Jan Dhan accounts

Of the total 38.08 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY), as many as 20.60 crore were held by...

9 April 2020 5:09 PM IST

Indias fuel sales drop 18 pc in March; petrol demand falls 16.3%. (PTI Photo)

Petrol, diesel demand slumps 66% in April due to lockdown

The collapse of demand in the world's third-biggest consumer during April comes on the back of worst fuel sales in more...

9 April 2020 4:01 PM IST

Centre has approved the COVID-19 Emergency Response and Health System Preparedness package aimed at boosting national and state health systems. (AFP Photo)

Centre approves covid19 emergency package for states, UTs

The activities to be undertaken include disinfection of hospitals, government offices, public utilities and ambulances

9 April 2020 1:51 PM IST

Indias GDP growth for the current fiscal is expected to slow down to 4.8 per cent. (AFP Photo)

India's GDP may dip to 4.8% in FY21: UN report

Negative impacts of covid-19 on economic performance of countries and territories in Asia and the Pacific will likely be...

9 April 2020 12:41 PM IST

Stock brokers react to the Sensex points mark at Bombay Stock Exchange in Mumbai. (PTI Photo)

NSE extends time for brokers to submit reports amid covid19

The exchange has given relaxation of one month till May 31 for submitting compliance certificates on margin trading

9 April 2020 11:05 AM IST

People watch a display screen outside the Bombay Stock Exchange (BSE) in Mumbai. (AP Photo)

Sensex rallies over 1,265 pts; Nifty reclaims 9,100 level

Mahindra and Mahindra was the top gainer in the Sensex pack, surging over 16 per cent

9 April 2020 10:33 AM IST

A second stimulus package India is poised to announce on help small and medium businesses weathering the coronavirus outbreak. (Photo-PTI)

India's second covid19 stimulus to focus on aid to small businesses

Last month, India outlined a 1.7-trillion rupee ($22.6-billion) economic stimulus plan providing direct cash transfers

9 April 2020 10:31 AM IST

Passersby move past an electronic stock board showing the days loss of Nikkei stock index, in front of a securities firm in Tokyo. (Photo- PTI)

Asian stocks gain on hopes of slowing covid19 crisis

Slowing rate of news infections is providing some much-needed buoyancy to equities as investors eye an easing of...

9 April 2020 9:52 AM IST