Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s benchmark Nikkei 225 dived 4.4%
Category: Economy
US Stocks News: Wall Street slides as pandemic tag, gag order report rattle investors – The Economic Times
Stocks are falling sharply again Wednesday, wiping out virtually all of a huge rally from a day earlier as Wall Street continues to reel from
SBI says tax cuts, and not rate cuts, can lift consumption – The Economic Times
Mumbai: Amidst calls for the Reserve Bank to cut policy rates to boost growth in the wake of the coronavirus outbreak, SBINSE -3.29 % economists
MSME lending: Growth in bank credit bounces back after months of contraction in FY20 – The Financial Express
The scenario in terms of the year-over-year (YoY) credit growth has also improved. Credit and Finance for MSMEs: Gross bank credit growth to micro and
Vehicle production may be critically hampered due to coronavirus outbreak, says SIAM | Business News,The Indian Express
Vehicle production across all categories is likely to be critically hampered due to the coronavirus outbreak in China as many automakers in India import about
As coronavirus hits, US inflation largely absent in February – business news – Hindustan Times
American consumers saw only tepid price increases for goods and services in February, the government reported Wednesday, as the coronavirus outbreak sent fuel and travel
Indian missions abroad asked to source raw materials | Deccan Herald
“Indian Missions abroad have been asked to explore the possibility of sourcing raw materials in their respective countries for India’s production, which may have been
Air fares crash due to coronavirus; IndiGo, Air India, SpiceJet, Vistara feel the pinch–Business Today
Delhi to Mumbai flight for less than Rs 2,500! Bengaluru to Kolkata flights for just Rs 3,600! The novel coronavirus has stung the domestic aviation
Smartphone companies warn India of looming WTO probe into duty format – The Economic Times
NEW DELHI: Smartphone makers including Apple and Lava have told the government that India’s $28 billion handset manufacturing industry faces a looming threat posed by
No permanent crisis, buy the opportunity–Economic Times
The novel coronavirus impact has pushed stock indices sharply down around the world. Indian bourses have followed suit. Does this portend a long-lasting slump? Or
Seize the day: Indian economic reforms require a crisis. That makes current problems an occasion to change course–Times of India
Yesterday’s panic in the global financial and commodities markets encapsulated the year’s new reality. The unabated spread of Covid-19 will extract a big economic cost.
Narayani: U GRO Capital launches Narayani to encourage women entrepreneurs in India – The Economic Times
MUMBAI: On the occasion of International Women’s Day, U GRO Capital has launched an unsecured SME lending product, Narayani, exclusively for women entrepreneurs. Narayani offers
The root cause of the present economic situation is death of demand–Indian Express
I have often been criticised for being critical of the present regime, even by people near and dear to me. One argument, which has often
Japan unveils fresh economic package to offset coronavirus damage – business news – Hindustan Times
Japanese Prime Minister Shinzo Abe on Tuesday announced a second emergency package to tackle economic woes stemming from the coronavirus outbreak, including $15 billion in
Yes bank money laundering case | Yes Bank view: How to turn a banking rescue into a crisis–Economic Times
By Andy Mukherjee Bungling the rescue of a bank that has more than $20 billion in deposits is probably the costliest own goal India has
The meltdown | Business Standard Editorials
The spread of coronavirus and turmoil in energy markets have combined to create a perfect storm across the global system. Equity indices have gone into
That 1970s feeling | Business Standard Column
It is too soon to predict the long-run arc of the coronavirus outbreak. But it is not too soon to recognise that the next global
Welcome addition to ease of doing business–Economic Times
The Cabinet’s move to clear 70-odd amendments to the Companies Act, decriminalising various technical and procedural offences, is welcome. It will improve the ease of
India’s decision not to join RCEP unfortunate, says Montek Singh Ahluwalia – The Financial Express
UDIT MISRA: Did the Planning Commission overstay its welcome? Many of my friends thought that it was a contradiction of sorts for someone associated with
The oil crash | Business Standard Editorials
Brent crude prices cracked 30 per cent in the early hours of trade on Monday, extending the decline to over 45 per cent since the