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Multiplex Association appeals to landlords to waive rent of theatres

The association said they are seeing a "temporary relief" to ensure that cinema industry does not die an "instant death"

5 April 2020 4:34 PM IST

Oil Minister Dharmendra Pradhan. (Photo- PTI)

Pradhan speaks to US Energy Secretary on slump in fuel demand due to...

India's petrol sales have fallen 15.5 per cent in March, while diesel sale has slumped 24.2 per cent

5 April 2020 3:55 PM IST

FPIs pull out record Rs 1.1 lakh cr in March . (Photo- PTI)

Covid-19 mayhem: FPIs pull out record Rs 1.1 lakh cr in March

This is the highest withdrawal ever since the FPI data has been made available by the National Securities Depository Ltd

5 April 2020 3:16 PM IST

The International Monetary Fund. (Photo- AFP)

Covid19 outbreak: IMF likely to delay releasing of third tranche to...

Delay of the release of the third trance, will be likely due to the surfacing of new realities on the macroeconomic

5 April 2020 1:13 PM IST

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ONGC asks govt to cut cess, royalty, free gas price to help company...

While the gas price is way below the cost of production, high tax incidence is resulting in cash losses even on crude...

5 April 2020 12:49 PM IST

Tata Consultancy Services (Photo- Twitter)

Seven of top 10 companies lose Rs 2.82 lakh cr in m-cap

Tata Consultancy Services, HDFC Bank and Kotak Mahindra Bank taking the biggest hit

5 April 2020 11:07 AM IST

Salesmen at a chemist shop wear protective masks in wake of coronavirus outside Safdarjung Hospital in New Delhi. (Photo- PTI)

Pharma sector facing lockdown blues

With China being a key medical supplier, pharma industry is facing a crunch.

5 April 2020 10:13 AM IST

People waiting to file for unemplyement benefits 90. (Photo- PTI)

US small businesses seek USD 5.4 billion in virus relief loans

Friday was the first day the companies were able to apply for the money, intended in large part to help them pay...

5 April 2020 9:33 AM IST

A general view of a temporary field hospital set at Ifema convention and exhibition in Madrid, Spain. AP photo

Coronavirus crisis is like no other: IMF on covid economic impact

It is way worse than the global financial crisis and it is a crisis that requires all of us to come together

3 April 2020 11:48 PM IST

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Fitch slashes India growth forecast to 30-year low of 2% for FY21

On March 20, Fitch had projected India's GDP growth for 2020-21 at 5.1 per cent, lower than 5.6 per cent estimated in...

3 April 2020 4:50 PM IST

US Treasury Secretary Steven Mnuchin, shown during the White House virus press briefing on April 2, 2020, said the aid will begin but that not everyone would receive a loan immediately (Photo- AFP)

Coronavirus outbreak: US says small business aid will start Friday

Treasury guarantees the loan and will wipe it out if the company keeps its employees or re-hires those it may have...

3 April 2020 11:26 AM IST

ADB expects Indias economic growth to slow down to 4%. (Photo- PTI)

ADB expects India's economic growth to slow down to 4 pc in FY21

After a disappointing 2019, growth in the region (Asia and Pacific) is expected to slow sharply to 2.2 per cent in 2020

3 April 2020 10:58 AM IST