The coronavirus pandemic would have a debilitating impact on India's tourism sector with the industry estimating an overall loss of Rs 5 lakh crore and job cuts for 4-5 crore people
Rating agency ICRA on Friday said the supply chain shock due to the coronavirus pandemic will have a negative impact for Indian auto component industry
The rupee settled 53 paise lower at 76.13 (provisional) against the US dollar on Friday amid a significant rise in coronavirus cases in the country and weak domestic equities
Indian economy, which was already in slowdown phase for the last six quarters, could register the lowest growth in the post-reform period in 2020-21 despite strong monetary and fiscal stimulus measures, an eminent economist said on Friday
Benchmark Brent crude oil futures reversed losses incurred during Asian hours in early European trading on Friday to rise above $30 a barrel, with hopes of a huge global supply cut deal to support prices still alive
Western Coalfields Ltd (WCL), a subsidiary of Coal India, has slashed the coal auction floor price of specific mines by 10 percent, a statement said
The Indian rupee will probably cut some of its losses against the dollar in the next year, according to strategists polled by Reuters, but it’s likely to stay weak with other emerging-market currencies until the coronavirus pandemic subsides
Bank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable
India's economic growth is likely to slow down to 4 percent this fiscal on the back of the current global health emergency, Asian Development Bank said in its outlook for the financial year 2020-21 on Friday
The World Bank has approved $1 billion emergency funding for India to help it tackle the coronavirus pandemic, which has claimed 76 lives and infected 2,500 people in the country
As the coronavirus pandemic continues to hit businesses and the global economy, Indian businesses have put its best foot forward to solve this crisis and has come together like never before
S&P Global Ratings has downgraded Tata Motors to more vulnerable to non-payment grade 'B' citing weaker-than-expected credit metrics owing to the disruptions and economic impact from the coronavirus pandemic
Industry body COAI has written to Finance Minister Nirmala Sitharaman seeking urgent relief measures, including lowering of levies with immediate effect, for the telecom operators on account of the "adverse impact" of COVID-19
Domestic credit rating agency ICRA said credit quality of Indian companies worsened in the fiscal year 2019-20 as it downgraded Rs 7 lakh crore of debt and warned of "unprecedented strain" on credit profiles of corporates due to the coronavirus pandemic
Banks to commence remitting Rs 500 per month to women PMJDY (Pradhan Mantri Jan Dhan Yojana) account holders from tomorrow
State-owned Oil and Natural Gas Corp (ONGC) will lose about Rs 4,000 crore in revenue and start making cash losses after the government slashed the natural gas prices by a steep 26 percent by benchmarking it against rates prevalent in gas-surplus nations
Maharashtra:</strong> As hundreds of millions of Indians remain locked down to stem the spread of coronavirus, some of its cattle are getting treated to strawberries and broccoli that farmers are struggling to transport and sell in cities amid the three-week lockdown
CRISIL on Thursday said India Inc’s credit ratio fell to an over three-year low for the second half of FY20, and gave a “negative” outlook for FY21 expecting downgrades to continue outpacing upgrades due to the COVID-19 pandemic
Global professional network LinkedIn on Thursday said it will offer free job postings to companies in healthcare, supermarket, warehousing, freight delivery and disaster relief nonprofits to accelerate the hiring process for critical roles to fight COVID-19
Air India on Thursday temporarily suspended the contracts of around 200 pilots, who were re-employed after retirement, as all domestic and international commercial passenger flights have been suspended in the country till 14 April to curb the COVID-19 pandemic, a senior official said
Terming the coronavirus pandemic as a "crisis of a magnitude that we have never faced before" Mahindra Group Chairman Anand Mahindra on Thursday asked employees of the conglomerate to use the lockdown period to relook at the personal and professional way of life to prepare for the future and to serve the "post corona world"
India’s real estate market is likely to see a significant price correction for the first time in a decade as the coronavirus pandemic stalls businesses across the country, according to a half-dozen industry insiders
TVS Motor Company on Thursday reported a 55.5 percent decline in total sales in March at 1,44,739 units
NITI Aayog CEO Amitabh Kant on Wednesday said there is a need to build a manufacturing base for Personal Protective Equipment (PPE) and ventilators not only for the Covid-19 outbreak but for the future as well
State-run Bank of Baroda on Wednesday said it is offering retail customers the option of getting a refund of the EMI that already has been deducted in March to meet any liquidity need during the disruption caused by COVID-19 pandemic
Union Bank on Wednesday said it has become the country's fifth-largest public sector lender after amalgamating Andhra Bank and Corporation Bank into itself
The biggest-ever consolidation exercise in the public sector banking space effected on Wednesday will mark a new dawn for the Indian banking sector, the Finance Ministry said on Wednesday
The global economy could shrink by up to one percent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast of 2.5 percent growth, the UN has said, warning that it may contract even further if restrictions on the economic activities are extended without adequate fiscal responses
The country's manufacturing sector activity grew at the slowest rate in four months during March, hampered by softer rises in new business as international demand faltered owing to the coronavirus pandemic, a monthly survey said on Thursday