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India drives into BS-VI era

India is all set to enter the strict BS-VI emission era from Tuesday midnight with Indian automobile industry pumping in around Rs 70,0000 crore...

Banks must keep open for PM’s 27.5K cr package distribution: Govt

As the government is set to disburse Rs 27,500 crore financial package under the Prime Minister Garib Kalyan Yojana this week and the coming...

Merger of 10 public sector banks comes into effect from today

Ten Public Sector Undertaking (PSU) banks will be amalgamated into four banks from 1 April. Oriental Bank of Commerce (OBC) and United Bank of...

Govt cuts interest rate on small savings schemes

The government on Tuesday slashed interest rates on small savings schemes, including NSC and PPF, by up to 1.4 percentage points for the first...

Facebook offers $100 mn to help virus-hit news media

Facebook said Monday it was donating USD 100 million to support news organizations globally hurting from the coronavirus pandemic, citing the need for reliable...

Sensex tanks over 1,100 pts; Nifty slumps below 8,400

Equity benchmark Sensex plunged over 1,100 points in opening session on Monday tracking losses in global equities as unabated spike in COVID-19 cases across...

No fuel crisis in India; enough stock of petrol, diesel, LPG available to last lockdown: IOC

India , the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stocks to last way beyond the three-week...

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...