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India's near-term growth outlook has deteriorated sharply: RBI Governor Das

Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19

13 Apr 2020 2:04 PM

IMF to consider $1.4 billion loan to Pak to tackle covid19 economic fallout

Pakistan in March had requested the IMF for a low-cost, fast-disbursing loan under the fund's Rapid Financing Instrument

13 Apr 2020 1:32 PM

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 Apr 2020 3:53 PM

Gold ETFs witness inflows in 2019-20 amid virus volatility

The latest inflow comes amid a sell-off in broader markets and sharp plunge in international crude oil prices

12 Apr 2020 11:55 AM

World Bank estimates worst economic slump in South Asia

The dire economic effects are already much in evidence, with widespread lockdowns freezing most normal activity

12 Apr 2020 9:57 AM

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Petrol pump operators seek financial support as sales drop

Petrol and diesel sales have slumped over 66 per cent in April as the nationwide lockdown halted economic activity and travel

10 Apr 2020 6:25 PM

G20 meeting of Finance Ministers and Central Bank Governors on Apr 15

The virtual meeting of the finance ministers and central bank governors comes within a fortnight of their last meeting on March 31

10 Apr 2020 3:05 PM

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

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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

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

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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

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

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