Finance Ministry asks banks to ensure adequate cash to meet cash demand post salary transfers
Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM...
Govt could consider suggestions for cash transfer to unemployed workers: Niti Aayog VC
Following the nationwide lockdown, which will be in place till April 14, thousands of migrant workers from Uttar Pradesh, Bihar and other states...
Coronavirus: Commerce ministry provides relaxations in filing compliance report to SEZs
In view of the sudden outbreak of the pandemic and the nationwide lockdown, most government offices are closed and a few involved in emergency...
Economy may need more measures to heal coronavirus wound; these new measures are likely
The government is mulling various probabilities for either complete removal of buyback tax and LTCG Tax or providing a temporary relief thereof.
India Ratings cuts economic growth forecast for India to 3.6 per cent
The report comes amid a crippling impact on economic activity due to the three-week lockdown till April 14 which is expected to only aggravate the...
Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21
The growth estimate for 2020-21 fiscal (April 2020 to March 2021) compares with a 4.9 per cent forecast in the current 2019-20 that ends on Tuesday.
China Cuts Reverse Repo Rate By Most in 5 Years to Support Economy Amid Coronavirusvirus-hit economy
Earlier in the day, the PBOC injected 50 billion yuan ($7 billion) into money markets through seven-day reverse repos, breaking a hiatus of 29...
Jefferies Group LLC Chief Financial Officer Peg Broadbent Dies of Covid-19
Condoling the death of its 56-year-old CFO, Jefferies Financial Group in a statement said, the company mourns Broadbent’s loss and it extends its...
Oil Plummets to 17-Year Low as Coronavirus Ravages World, Kills Over 34,000
The falls came after the death toll from the pandemic surged past 34,000 as cases in hard-hit Europe and the United States showed no sign of...
Sun Pharma Shares Drop 7.7% as Halol Facility Gets ‘OAI’ Classification by USFDA
Sun Pharma on Sunday informed stock exchanges that its Halol plant has been classified as ‘Official Action Indicated’ (OAI) by the USFDA after a...
Rupee Slips 32 Paise to 75.21 Against Dollar in Early Trade Amid Coronavirus Scare
Forex traders said weak opening in domestic equities dragged the local unit amid mounting fears of a coronavirus-led economic slowdown.
Strong economy may prevent India from recession; almost all G20 countries can face economic contraction
India, along with China and Indonesia, is expected to show slow growth in the economy while countries like the US, the UK, France, and Germany are...