Tuesday, Apr 20, 2021 | Last Update : 09:44 AM IST

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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

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

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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

Direct taxes down by nearly Rs 1 lakh crore

Tax collections fall short of annual target by nearly Rs 4 lakh crore

01 Apr 2020 9:57 PM

RBI announces more measures to deal with economic fallout of covid19

It also increased ways and means advances limit by 30 per cent from existing limit for all states and union territories

01 Apr 2020 1:05 PM

RBI likely to cut interest rates by 100 bps in FY21: Fitch Solutions

Fitch Solutions said consumer price inflation returning back to the RBI's 2-4 per cent target range will permit further monetary easing

31 Mar 2020 5:30 PM

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China slashes rate, adds $7 bn to banking system to counter virus

People's Bank of China said it launched a 50-billion-yuan reverse repurchase operation and lowered seven-day reverse repurchase rate

30 Mar 2020 12:29 PM

Asian development bank to invest $100 mn in Indian infrastructure sector

The investment announcement comes at a critical time for India, as economic growth is feared to be taking a heavy hit due to coronavirus

30 Mar 2020 12:24 PM

Singapore central bank eases monetary policy amid covid19 pandemic

Monetary Authority of Singapore was supposed to issue its next policy statement in April but brought it forward due to covid 19 impact

30 Mar 2020 10:04 AM

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 together

29 Mar 2020 4:11 PM

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 consolidation plan

29 Mar 2020 12:33 PM

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RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 Mar 2020 2:57 PM

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 March 28 for 1 year

27 Mar 2020 11:46 AM

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 Mar 2020 5:23 PM

Senate passes coronavirus rescue package on unanimous vote

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

26 Mar 2020 10:31 AM

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 Mar 2020 12:11 PM

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