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Union bank. (Photo- PTI)

Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO

Amalgamation will create an employee base of 75,000, of which 37,000 are from Andhra Bank and Corporation Bank put...

29 March 2020 4:11 PM IST

Government of India public sector banks in India. (Photo- FAVPNG)

Mega merger of state-run banks comes into force from April 1: RBI

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its...

29 March 2020 12:33 PM IST

Finance Minister Nirmala Sitharaman. (Photo- PTI)

RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 March 2020 2:57 PM IST

Reserve Bank of India Governor Shaktikanta Das. (Photo- PTI)

RBI reduces repo rate by 75 bps to 4.4%

The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from...

27 March 2020 11:46 AM IST

Finance minister Nirmala Sitharaman. (PTI)

Coronavirus: Doctors, paramedics in India get 50 lakh insurance cover

Government has finalised an economic stimulus package to deal with the impact of 21-day countrywide lockdown

26 March 2020 5:23 PM IST

Representative Image (AP)

Senate passes coronavirus rescue package on unanimous vote

The package is intended as relief for an economy spiraling into recession

26 March 2020 10:31 AM IST

Representative Image (PTI)

Experts peg India's cost of COVID-19 lockdown at USD 120 bn

The Indian government has so far been largely silent on the economic impact from the lockdown

25 March 2020 12:11 PM IST

Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington. (Photo- AP)

US Senate, White House agree on $2 trillion coronavirus rescue plan

Top White House aide Eric Ueland announced the agreement in a Capitol hallway

25 March 2020 11:39 AM IST

Representational mage (PTI)

Coronavirus recession could be worse than 2009, warns IMF

Mulls SDR allocation to provide liquidity to global economy

24 March 2020 11:08 PM IST

Representative Image (AFP)

Fed ramps up help to US economy on life support

The Federal Reserve warned of "severe disruptions" from the virus as it rolled out another series of measures to pump...

24 March 2020 11:34 AM IST

Reserve Bank of India. (Image- PTI)

RBI prepones second tranche of g-sec buying to March 26

RBI has decided to advance second tranche of purchase of government securities under open market operations for Rs...

23 March 2020 4:25 PM IST

Rahul Gandhi says the coronavirus impact has been severe on daily-wage workers and small enterprises.

Rahul Gandhi argues for big financial package to rescue Indian economy

What we need is cash relief and tax sops, not beating of thalis, says Congress leader

21 March 2020 4:48 PM IST