COVID-19 impact: Indigo announces pay cut for employees
With curbs on travel causing a severe dent on the revenues of the aviation industry worldwide, Gurugram-based budget carrier IndiGo announced salary ...
Govt may cut rate on small savings schemes
The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmissi...
Sensex crashes 1,709 pts; Nifty tanks below 8,500
Equity benchmark Sensex plunged over 1,709 points on Wednesday as talks of stimulus measures to cushion the economic blow of the Covid-19 pandemic fa...
Japan's imports from China plunged in February
Japan's imports from China almost halved last month from a year earlier to log the steepest fall since 1986 as the new coronavirus outbreak disrupted...
Amazon prioritizes medical supplies, staples for delivery
Amazon has made a priority of medical supplies and household staples, putting shipments of other goods on hold to focus on key items during the coron...
Gold falls Rs 80, silver prices decline by Rs 734
Gold on Tuesday went lower by Rs 80 to Rs 39,719 per 10 gram in the national capital following weak global cues and rupee appreciation, according to ...
Flydubai temporarily suspends services to India
Gulf airline flydubai has temporarily suspended its services to India for a month due to travel and visa restrictions in the wake of coronavirus (Cov...
All-new Hyundai Creta launched at Rs 9.99 lakhs
Hyundai has launched the all-new Creta SUV at an introductory price of Rs 9.99 lakhs (ex-showroom) in India. Interestingly, Hyundai has managed to gi...
COVID-19: Air India pilots seek urgent financial aid
Air India pilots sought an urgent financial assistance from the government on Monday for the disinvestment-bound national carrier amid the coronaviru...
Indian retail reels under coronavirus concerns
Amid the rising number of coronavirus cases in the country, the order of closure of malls and multiplexes across many top cities by the respective st...
Federal Reserve slashes interest rates to zero
The Federal Reserve announced it would drop interest rates to zero and buy at least $700 billion in government and mortgage-related bonds as part of ...
COVID-19 outbreak: Coal import declines 14% in Feb
India's coal imports registered a decline of 14.1 per cent to 17.01 million tonnes (MT) in February in the wake of the coronavirus outbreak, as per i...
Yes Bank reports Rs 18,564-cr loss for Dec quarter
Crisis-hit Yes Bank reported a loss of Rs 18,564 crore for the December quarter. The bank, which has been put under moratorium by the government last...
Xiaomi says it has sold over 110 mn units of Redmi smartphones
Xiaomi has sold 110 million Redmi smartphones globally since the smartphone was launched in August 2013. “Xiaomi has sold 110 million Redmi pho...
Microsoft co-founder Bill Gates leaves board
Microsoft announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy. The 64-year-old stopped being inv...
Moratorium on Yes Bank to be lifted on March 18
The government has notified the Yes Bank reconstruction scheme as per which the moratorium on the troubled private sector lender will be lifted on Ma...
ICICI Bank to invest Rs 1,000 cr in Yes Bank
ICICI Bank said its board has approved investing Rs 1,000 crore in Yes Bank. ICICI Bank board approves to acquire 100 crore equity shares in Yes Bank...
IIP shows marginal rise
India's factory output showed a marginal rise in January, while retail inflation eased to a two-month low in February, paving the way for RBI t...
Domestic passenger vehicle sales down 7.61% in Feb
Domestic passenger vehicle sales declined by 7.61 cent to 2,51,516 units in February from 2,72,243 units in the year-ago month, automobile industry b...
Govt extends deadline to bid for AI till Apr 30
The government extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at...
