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Bandhan Bank expects recovery of loans extended to micro-credit customers from second quarter of FY21

CEO Chandrashekhar Ghosh said customers in that sector are not facing problems in their businesses as they deal with local supply chain

14 May 2020 1:28 PM

New Zealand plans spending spree to counter virus job losses

New Zealand finance minister unveils new budget on the same day the nation lifted most of its lockdown restrictions

14 May 2020 11:00 AM

Experts warn virus spikes could emerge even weeks after US reopening

The tension in balancing people’s safety against severe economic fallout is playing out across the world

14 May 2020 9:05 AM

Trump presses for schools to reopen despite Fauci's warnings

Trump, speaking to reporters at the White House, said he found Fauci's latest call for a highly cautious reopening "not acceptable"

14 May 2020 8:56 AM

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

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BRICS' new development bank provides $1 billion loan to India to fight pandemic

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM

Auto component industry likely to witness double-digit degrowth in FY21

India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and Latin America

13 May 2020 1:24 PM

The killing roads: Four days of walking in 40-degree heat claims life of 25-year-old headed home

When the special trains were announced it seemed like a ray of hope. But his village was nowhere near the train routes decided by the Centre

13 May 2020 12:45 PM

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM

French coronavirus death toll overtakes Spain's

France now stands as world's fourth-highest number of fatalities after the United States, Britain and Italy

13 May 2020 11:33 AM

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Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic booster

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM

Indian nationals stuck in US after H-1B visa cards suspended

Last month, H-1B visa holders launched a petition urging President Trump to extend their permissible stay from 60 to 180 days after job loss

12 May 2020 1:23 PM

Shanghai Disneyland reopens with anti-virus controls

China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed

11 May 2020 1:45 PM

Wuhan reports first coronavirus cluster since lifting of lockdown

The new infections add a layer of caution to efforts to lower coronavirus-related restrictions across China

11 May 2020 11:40 AM

Air India flight carrying Indians stranded in UK reaches Bengaluru

All the passengers will be screened on arrival and shifted to quarantine for 14 days at hotels, hostels and other quarantine centres

11 May 2020 11:16 AM

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No end to lockdown yet: Boris Johnson

Britain has, however, announced a limited easing of restrictions as the death rate and hospital admissions keeps falling

11 May 2020 11:12 AM

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments

11 May 2020 10:44 AM

CII seeks Rs 15 lakh crore as immediate stimulus package

CII also called for providing enterprises an immediate support to pay salaries to its workers and avoid any job losses

11 May 2020 9:51 AM

Truck carrying migrant workers overturns near MP, 5 labourers killed on spot

Five labourers were killed and 13 others were injured after the mangoes-laden vehicle overturned

10 May 2020 1:12 PM

Eased restrictions bring new cases in South Korea, virus fears in Italy

4 million people have been confirmed infected by the virus so far, and more than 279,000 have died worldwide

10 May 2020 9:57 AM

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