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Global economy now in recession that will be worse than 2009: IMF chief IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was...

The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be...

SC allows sale of ten percent of unsold BS IV vehicles except Delhi-NCR for 10 days after lockdown

The Supreme Court on Friday allowed the sale of BS-IV vehicles for 10 more days across the country, except in Delhi-NCR, after the lockdown...

RBI guv urges people not resort to panic buying; says Indian banking system is safe

Allaying depositors'' concerns, RBI Governor Shaktikanta Das on Friday asserted there Indian banking system is safe, and termed linking banks'' share prices to safety...

Highlights of RBI’s monetary policy statement

Following are the highlights of the seventh bi-monthly monetary policy statement for 2019-20 by the RBI amid COVID-19 pandemic: * Monetary Policy Committee (MPC)...

RBI asks lending firms to allow 3-month moratorium on EMI payments

The liquidity measures announced by the RBI will make available a total Rs 3,74,000 crore to the country's financial system. The Reserve Bank of India...

Coronavirus impact: Moody’s cuts India’s growth forecast to 2.5% from 5.3%

This compares to 5 per cent growth in 2019. Moody’s Investors Service on Friday slashed its estimate of India’s GDP growth during 2020 calendar year...

Govt to transfer Rs 2,000 under PM-KISAN scheme to 8.69 crore farmers in April 1st week

To provide relief to farmers affected due to the lockdown, the Centre on Thursday said it will transfer in the first week of April...

Experts peg India’s cost of COVID-19 lockdown at USD 120 billion

Pegging the cost of the COVID-19 lockdown at USD 120 billion (approximately Rs 9 lakh crore) or 4 per cent of the GDP, analysts...