Business

• Finance Ministry asks banks to ensure adequate cash to meet cash demand post salary transfers

  1 hour ago Business financialexpress 3

  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

  2 hours ago Business financialexpress 4

  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

  4 hours ago Business financialexpress 4

  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

  6 hours ago Business financialexpress 4

  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

  6 hours ago Business financialexpress 4

  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

  6 hours ago Business financialexpress 3

  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

  8 hours ago Business NEWS 18 Business 4

  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

  8 hours ago Business NEWS 18 Business 4

  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

  8 hours ago Business NEWS 18 Business 3

  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

  8 hours ago Business NEWS 18 Business 4

  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

  8 hours ago Business NEWS 18 Business 4

  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

  8 hours ago Business financialexpress 4

  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...