1. Business & Economy

Business & Economy

Centre forms FM-led COVID-19 economic response task force

March 19, 2020 New Delhi: The Centre has formed a COVID-19 economic response task force, Prime Minister Narendra Modi said on Thursday. The task force will be led by Finance Minister Nirmala Sitharaman. Modi said…

Business & Economy

Int’l economists predict recession due to COVID-19

March 19, 2020 Chicago: US and European economists were predicting a recession as a result of the global coronavirus pandemic which has so far infected over 211,300 people across the world and killed 8,847 others…

Business & Economy

BS IV vehicle sales nose dive; FADA approaches SC for relief

March 18, 2020 New Delhi:Facing difficulty in clearing BS IV vehicle stock as sales has dipped over COVID-19 outbreak, auto dealers have approached the Supreme Court again seeking extension of the deadline to register vehicles…

Market at 3-year low, Sensex drops below 29,000

March 18, 2020 Mumbai: Sell-off intensified in the Indian stock market on Wednesday, as both Sensex and Nifty dropped to their lowest levels in three years. Sensex plunged over 1,900 points and fell below the…

Paytm leads digital payments growth as India avoids touching cash

March 17, 2020 New Delhi:  Fintech major Paytm on Tuesday said it has witnessed a massive surge in digital payments as more people work from home, avoid venturing out and touching cash to stop the…

Yes Bank shares soar 60% post Moody’s upgrade, RBI assurance

March 17, 2020 Mumbai: Stocks of the crisis-hit Yes Bank have surged over 60 per cent, a day after Moody’s upgraded its outlook for the bank and the Reserve Bank Governor assured that the bank’s…

GST hike amid COVID-19, economic slump to derail mobile industry: ICEA

March 15, 2020 New Delhi:India’s leading mobile industry association, ICEA has expressed shock and disappointment over the proposed increase in Goods and Service Tax (GST) on mobile phones from 12 per cent to 18 per…

Business & Economy

Yes Bank posts staggering Q3 standalone net loss of Rs 18,560 cr

March 15, 2020 Mumbai: Financially troubled Yes Bank on Saturday reported a standalone net loss of Rs 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported…

‘You let me down, you let GoI down, you let Assam govt down’: FM to SBI Chairman

March 14, 2020 New Delhi: An audio clip of Finance Minister Nirmala Sitharaman humiliating State Bank of India (SBI) Chairman Rajnish Kumar has gone viral where she is heard calling SBI “a heartless bank”. This…

Business & Economy

Corona panic: Dialogue on economy vital

By Shivaji Sarkar March 14, 2020 New Delhi: The last quarter figures of 2019-20 fiscal may have reasons to cause worry. An uninteresting Central budget, corona virus, plummeting stock indices and uncertainty over bank mergers…

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