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Moody’s lowers India’s GDP growth forecast to 5.3 percent in 2020

Moody's Investors Service on Tuesday lowered India's GDP growth forecast for 2020 calendar year to 5.3 per cent, on coronavirus implications on the economy....

China’s industrial production falls 13.5 percent in 30-year low

China's industrial production plummeted 13.5 per cent year-on-year in the first two months of 2020, its worst decline in 30 years, due to the...

Market in Red: Sensex falls 2,100 points, Nifty below 9,500

Coronavirus fears continued to weigh on the investor sentiments as the BSE Sensex plunged over 2,100 points on Monday. The Nifty 50 on the...

Govt, RBI to take all necessary steps to quell ‘fear sentiment’ around coronavirus: CEA

The government and the RBI will take all necessary steps to quell the "fear sentiment" created due to coronavirus, Chief Economic Advisor Krishnamurthy Subramanian...

Good news for Central govt employees, DA hiked by 4 per cent

Union Cabinet on Friday approved a 4 per cent increase in Dearness Allowance for Central government employees and pensioners. Dearness Allowance/Dearness Relief is based...

Bloodbath in market; Sensex slumps nearly 3,000 points | Global stocks, oil plunge as Trump travel ban fans recession fears

Tracking a crash in global equities after the coronavirus outbreak was termed a global pandemic by World Health Organization, Indian indices were hit today...

Current account deficit narrows sharply to USD 1.4 bn in Dec quarter

The country’s current account deficit (CAD) narrowed sharply to USD 1.4 billion, or 0.2 per cent of GDP, for the December 2019 quarter, the...

Parliament passes Insolvency & Bankruptcy Code Bill

The Insolvency and Bankruptcy Code (Amendment) Bill, 2020 was passed by voice vote in the Rajya Sabha on Thursday. It was passed in Lok...