Monday, March 30, 2020


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...

SBI slashes lending, deposit rates

Indian banking system is safe, says RBI Governor

RBI cuts repo rate by 75 bps to 4.40%

China pumps $7 bn into market to counter COVID-19

Indian banking system is safe, says RBI Governor

Moody's slashes India's GDP growth in 2020 to 2.5%

Sensex crashes 1,709 pts; Nifty tanks below 8,500

Japan's imports from China plunged in February

Federal Reserve slashes interest rates to zero

Tata Group commits Rs 1,500 cr to fight Covid-19

Maruti Suzuki Tour S CNG BS6 launched in India

Soap makers reduce prices, increase production

VistaRa to curtail domestic operations on March 22

SpiceJet suspends majority international operations