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Prime Minister Narendra Modi asked Union ministers to prepare a plan for their respective ministries to contain the economic impact of covid-19. (Photo- ANI)

Prepare plan to contain covid19 economic impact on war footing: PM to...

Each ministry should identify 10 key decisions and 10 priority areas of focus once the 21-day lockdown ends

6 April 2020 6:27 PM IST

Petrol sales shrank by 15.5 per cent and diesel demand tanked over 24 per cent in March. (Photo- PTI)

Petrol and diesel sales shrink in March as lockdown wipes demand

Petrol sales dropped to 1.859 million tonnes in March from 2.2 million tonnes sold in the same month in 2019

6 April 2020 4:46 PM IST

Airtel Payments Bank. (Photo- PTI)

Airtel Payments Bank ties up with Bharti AXA to offer insurance...

The validity period of these policies is restricted to one year and will be issued on individual name basis only

6 April 2020 3:23 PM IST

Insurers are duty-bound to settle claims if a death occurs due to covid-19. (Photo- PTI)

Insurers cannot decline covid19 death claim settlement

All life insurers, both public and private, are committed to process any death claim pertaining to covid-19 at the...

6 April 2020 2:21 PM IST

Reliance Industries chief Mukesh Ambani. (Photo- PTI)

Pandemic impact: Mukesh Ambani's net worth drops 28 pc to USD 48...

The Indian market has corrected by 25 per cent in the last two months as the economic costs and impact of the COVID-19

6 April 2020 1:31 PM IST

Bank employees wear masks as a precautionary measure following the coronavirus pandemic. (PTI)

Covid19 impact: Banks to witness spike in credit costs, non-performing...

Asia-Pacific governments, central banks, and supervisory authorities have rolled out diverse measures to address...

6 April 2020 12:38 PM IST

IndusInd Banks outlook to negative from stable. (Photo- ANI)

Ind-Ra revises IndusInd Bank's outlook to negative from stable

The agency has also affirmed the short-term issuer rating at A1-plus

6 April 2020 11:49 AM IST

Rafael Delgado places free meals for residents that signed up online on a table for curbside delivery at a restaurant Wednesday. (AP Photo)

Spanish jobless claims jump by over 3,00,000 in March

Pandemic "changed the trend" in unemployment figures for March, after only 2,857 workers filled jobless claims in the...

6 April 2020 11:07 AM IST

President Donald Trump speaks during a coronavirus task force briefing at the White House, Sunday, April 5, 2020, in Washington. (AP Photo)

Trump signals possible tariffs on oil imports amid low prices

Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand

6 April 2020 10:17 AM IST

Indias March gold imports hit 6.5 year low

India's March gold imports hit 6.5 year low

The world's second biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a...

6 April 2020 9:47 AM IST

Representative Image (AFP)

Oil skids on oversupply fears, stocks jump on virus slowdown

Brent crude fell as much as $3 in Asian trading after Saudi Arabia and Russia postponed a meeting over a potential pact...

6 April 2020 9:31 AM IST

UAE doubles stimulus to counter coronavirus impact. (AFP)

UAE doubles stimulus to $70bn to combat coronavirus impact

Most of the new measures focused on easing financial and liquidity requirements for banks to free up cash for lending

5 April 2020 5:04 PM IST