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ADB assures $2.2 billion support package to India for battling covid19

Asian Development Bank is also engaged with the private sector to meet its financing needs during this period

10 Apr 2020 1:03 PM

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 Apr 2020 12:18 PM

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 women

09 Apr 2020 5:09 PM

Centre approves covid19 emergency package for states, UTs

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

09 Apr 2020 1:51 PM

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 very significant

09 Apr 2020 12:41 PM

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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

09 Apr 2020 10:31 AM

South India better equipped to deal with lockdown: ISB study

Companies in the peninsular part are better equipped to deal with prevailing conditions to adopt work-from-home practices

09 Apr 2020 9:29 AM

Centre releases Rs 14,103 cr GST compensation cess to states

Centre has paid a total of Rs 34,053 crore pending GST compensation cess for October and November

08 Apr 2020 5:25 PM

IMF postpones approval of second review $6 billion bailout package for Pakistan

Pakistan approached the IMF in August 2018 for a bailout package after Prime Minister Imran Khan's government took over

07 Apr 2020 1:21 PM

Trump announces 3M deal to provide millions of facemasks

Overburdened US health facilities have warned protective equipment stockpiles are at critically low levels nd some may run out within days

07 Apr 2020 9:58 AM

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

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

06 Apr 2020 6:27 PM

Covid19 impact: Banks to witness spike in credit costs, non-performing assets in 2020

Asia-Pacific governments, central banks, and supervisory authorities have rolled out diverse measures to address COVID-19

06 Apr 2020 12:38 PM

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

05 Apr 2020 5:04 PM

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

05 Apr 2020 3:16 PM

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

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

05 Apr 2020 1:13 PM

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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

03 Apr 2020 11:48 PM

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 December 2019

03 Apr 2020 4:50 PM

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

03 Apr 2020 10:58 AM

Covid19: World Bank approves $1 billion emergency fund for India

The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries

03 Apr 2020 9:44 AM

Moody's downgrades outlook for Indian banks due to coronavirus

Moody's said a sharp decline in economic activity and a rise in unemployment will lead to deterioration of household and corporate finances

02 Apr 2020 11:00 AM

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