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Asia shares seek calm as Wall Street ekes out gains; bonds rally, oil bounces back, dollar rush causes stress

The dollar’s surge is a nightmare for the many countries and companies that have borrowed heavily in the dollar, leading to yet more selling of emerging market currencies in a negative feedback loop.

Amid coronavirus crisis, Reserve Bank asks most of its staff to work from home

As the coronavirus infection spreads faster and deeper into the country, the Reserve Bank has allowed the majority of its staff across its centres to work from home while ensuring unhindered business continuity

Domestic air passenger traffic up by 8.98% in February on rising demand; AirAsia India tops in on-time performance: DGCA

Domestic air passenger traffic in February increased by 8.98 percent to 12.36 million as compared to the same period last year, according to data released on Wednesday by aviation regulator DGCA

Automobile sales down 19.08% in February; economic slowdown, BS-VI transition take toll: SIAM

Automobile sales in India across categories declined 19.08 percent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday

S&P retains India's rating at 'BBB-' with stable outlook; says country's fiscal position remains precarious

Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years

Air India sale: Ownership change can't undo legacy of national carrier, says chairman and MD Ashwani Lohani

Air India chief Ashwani Lohani on Wednesday said the national carrier's legacy will remain intact even if the ownership changes hands

Govt plans to sell 5% stake in SAIL through OFS, likely to fetch Rs 1,000 cr; may complete transaction in current fiscal

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Centre has informally proposed GST rates rejig once a year instead of every 3 months, says Nirmala Sitharaman

The central and state governments aren't able to assess what they'll earn through GST in the whole year, Sitharaman said

Coffee Day Enterprises to table probe report on alleged suicide of founder VG Siddhartha soon

VG Siddhartha was confirmed dead on 31 July, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka, a day after he went missing

High inflation restricts RBI from choosing non-rate tools to support growth, says governor Shaktikanta Das

Till the space for a cut does not get available, the RBI will depend on liquidity management and ensuring the better transmission of past cuts to boost growth, Shaktikanta Das said

Budget 2020: Sectors across industry share wishlist from tax rebates, incentives for digital payments to lowering of GST slabs

This Union Budget is highly important for further amplification of innovation in the sector and potential of each budding entrepreneur in the country

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries

The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario

Budget 2020: Industry hails Nirmala Sithraman's fiscal roadmap; lauds schemes on job generation

India Inc termed the Budget as "growth provoking and welfare inducing"

Malaysia says palm oil dispute with India 'temporary', to be resolved amicably between two nations

The second biggest buyer of Malaysian palm oil, China, bought just 2.4 million tonnes last year, while the third largest buyer was Pakistan with 1.08 million tonnes, according to data from the Malaysian Palm Oil Council.

Budget 2020: Farmers will now reap what the govt did not sow; agri distress to continue

This Budget paid the most attention to agriculture—if the percentage of spending is the yardstick to go by.

Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmap

In 2018-19, gross tax revenue was estimated at Rs 22.7 lakh crore; the actual collections were Rs 20.8 lakh crore – 9 percent less.

Budget 2020: Has Finance Minister Nirmala Sitharaman set an unrealistic disinvestment target?

There are measures announced in the Budget which help to facilitate business, especially SMEs which is useful

Budget 2020: Unless Centre gets states to enact model laws, farm investment and incomes cannot rise

Next year’s budgeted outlay for agriculture is 32 percent higher than the revised estimates but just three percent more than the Budget estimate of this year.

Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity

Nirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation

Pipeline or pipe dream? Nirmala Sitharaman's Public-Private Partnership talk in Union Budget 2020-21 needs a big reality check

When the hype ebbs on the longest Indian budget speech at 160 minutes, questions remain on both quantitative numbers and the administrative detail of the qualitative plans outlined

Nirmala Sitharaman offers tax cuts with riders, sops to startups in record 160-minute speech; industry unimpressed

The startup sector got a host of measures in Budget 2020 including relaxing tax incentives and setting up of investment clearance cell for startups and entrepreneurs with a view to promote their growth

IDBI shares zoom 18% after Finance Minister Nirmala Sitharaman announces sale of balance govt holding

The government's balance holding in IDBI bank will be sold to private retail investors.

Budget 2020: Sensex plunges over 450 points, Nifty below 11,900 after Nirmala Sitharaman projects widening of fiscal deficit

Sensex was trading over 150 points higher ahead of the Budget presentation.

Sensex slumps over 200 points, Nifty test 11,900 ahead of Budget; Tech Mahindra, PowerGrid, Tata Steel, among top losers

After shedding 279 points in early trade, the 30-share Sensex was trading 124.96 points or 0.31 percent lower at 40,598.53, and the broader NSE slipped

Budget 2020: Startups expect slew of sops from tax cuts to simplification of GST filing systems from finance minister

The government is expected to provide tax incentives to startups in the forthcoming Budget to support the growth of budding entrepreneurs

Budget 2020: Abolishing dividend distribution tax, rationalising income tax slabs among most expected reliefs from Nirmala Sitharaman

This year’s Budget should look at increasing the limit of deduction under section 80C.

Budget 2020: Financial sector players want govt to consider reducing GST on term insurance, streamline KYC norms

The NBFC sector is looking forward to measures in Union Budget to bring NBFCs at par with Banks and other financial institutions on the regulatory landscape.

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops

In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector.

Wipro CEO Abidali Z Neemuchwala to step down, Board starts search for successor

Neemuchwala, 52, will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition and to ensure that business continues as usual, the company said in a BSE filing

Sensex jumps over 200 points ahead of Economic Survey, Nifty holds 12,000-mark; Wipro shares decline after CEO resigns

According to analysts, the market is now focused on the Economic Survey and the Union Budget, with high expectations of further stimulus to the economy