Tata Motors on Tuesday said it has extended by two months the warranty period for all of its commercial vehicles which are expiring during the period of the lockdown
The loan moratorium extended by banking regulators in countries like India and China to deal with the liquidity crunch amid COVID-19 crisis will provide temporary relief to borrowers, but will constrain banks from taking proactive recovery actions
Only a dozen-odd of the 52 micro lenders have investment-grade ratings and are thus eligible to issue debt instruments that can be picked by banks using the Rs 50,000-crore special liquidity tap that the Reserve Bank of India has opened up over the weekend
Crude oil futures contract price may have plunged into negative territory in the international market, but India's leading commodity exchange MCX has fixed an interim settlement price of Re 1 per barrel
After constantly rising for the past several months, the volume, as well as value, of transactions through the UPI payment system dropped in March due to the 21-day nationwide lockdown imposed to combat the coronavirus infection
Regulator SEBI on Monday said stricter surveillance measures to tackle market volatility amid coronavirus pandemic will continue till 28 May
City-based consumer protection forum Mumbai Grahak Panchayat on Monday urged the civil aviation ministry to direct airlines to refund customers for the cancelled flights based on the date of travel and not as per the date of booking and has sought suitable modification in 16 April order on this issue
Mahindra Logistics has launched an initiative that has a provision for providing Rs 3,000 each to drivers impacted by the COVID-19 lockdown
Major carmakers like Maruti Suzuki, Hyundai, Toyota and Honda have not yet resumed production at their factories stating that availability of components is a prerequisite to re-start operations at factories, which continue to remain inaccessible due to the nationwide lockdown
Banking, Coronavirus, Coronavirus Outbreak, Coronavirus Pandemic, COVID-19, Currency, Currency Market, Dollar, Dollars, Equities, Forex, NewsTracker, RBI, Reserve Bank Of India, Rupee, Shaktikanta Das, US Dollar, US Dollars
State-owned oil firms will resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect as the country partially exited from an unprecedented nationwide lockdown on Monday
The Finance Ministry on Monday said it has sanctioned Rs 46,038 crore for the devolution of states' share in central taxes and duties for April
The coronavirus pandemic may impact the timescale for the extradition to India of liquor tycoon Vijay Mallya, who lost his UK High Court appeal on Monday against the Indian government’s fraud and money laundering case
The Reserve Bank of India on Monday announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year, and decision of the first meet will be announced on 5 June
Airline stocks fell up to 5.5 percent on Monday after regulator DGCA directed airlines to stop taking bookings for travel after 3 May
The country's second-largest IT services player Infosys on Monday reported a 6.3 percent rise in consolidated net profit to Rs 4,335 crore for March 2020 quarter
Apparel exporters body AEPC on Monday urged the government to pay wages of workers, engaged in the sector, for April and May as the community is battling to deal with the lockdown due to Covid-19
Industry body Nasscom has urged the government to expand the list of essential items to include products like laptops and routers to facilitate work from home amid the lockdown
Tata Motors on Monday said its group global wholesales, including Jaguar Land Rover, stood at 2,31,929 units in the January-March quarter, lower by 35 percent over last year
Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of Covid-19
India’s new rules for foreign investment violate WTO principles of non-discrimination and are against free and fair trade, a Chinese embassy spokesperson in New Delhi said on Monday
A survey by industry body FICCI has "revealed sharpest moderation" in the confidence level of India Inc since the global financial crisis of 2008-09 as the coronavirus outbreak has adversely affected their businesses
The Indian rupee declined by 14 paise to settle at 76.53 (provisional) against the US dollar on Monday, amid strengthening of the American currency overseas and a sharp rise in coronavirus cases in the country
Restrictions on domestic and international flights will be lifted when the government is confident that the spread of coronavirus has been controlled, and poses no danger to Indians, Civil Aviation Minister Hardeep Singh Puri said on Monday, amidst reports of some airlines doing open bookings
AirAsia India has cut the April salary of its staff by up to 20 percent to tackle the airline’s finances amid the suspension of all commercial services till 3 May due to the lockdown, a source has said
Private equity (PE) investment in Indian real estate plunged 89 percent to $222 million (Rs 1,640 crore) during the January-March period this year on global economic slowdown caused by the coronavirus outbreak, according to a report by Colliers International
Motilal Oswal Real Estate (MORE) has raised Rs 1,150 crore for its fourth realty fund from HNIs to invest in housing and commercial projects across six major cities, and has committed of around Rs 550 crore in nine projects from this fund, a senior company official said
Fitch Solutions on Monday cut India's economic growth forecast for the financial year 2020-21 to 1.8 percent saying private consumption is likely to contract due to large-scale loss of income in the face of worsening domestic outbreak of COVID-19
A day after Union Minister Hardeep Singh Puri advised airlines to open bookings only after the government takes a decision on resuming passenger flight services, Vistara and AirAsia India said on Sunday they have not received any notice from the aviation ministry on this matter
The Reserve Bank on Friday debarred all commercial and cooperative banks from paying dividends to shareholders and promoter groups as the regulator fears the Covid-driven economic shocks would continue longer and may put the health of the financial system at risk