The coronavirus impact could render 3.8 crore people jobless, which is around 70 percent of the total workforce in the tourism and hospitality sector, according to a grouping
Nearly 25 million jobs could be lost worldwide due to the coronavirus pandemic, but an internationally coordinated policy response can help lower the impact on global unemployment, according to a UN agency
Realtors' apex body CREDAI has said the construction work has come to a standstill while sales have been hit following the outbreak of coronavirus, and demanded the government to provide a three-month moratorium on debt repayment, additional liquidity and more time to complete ongoing real estate projects
The Indian rupee plunged 70 paise to 74.96 against US dollar in early trade on Thursday as investors fretted over the sharp rise in coronavirus cases in the country and its impact on the economy
The National Company Law Tribunal (NCLT) on Wednesday allowed 90 days' extension for the corporate insolvency resolution process of Jet Airways
Senior railway officials on Wednesday informed a parliamentary panel that more than 60 percent tickets were cancelled in March this year due to coronavirus, even as the panel came down hard on the Railway Board chairman for a "shoddy presentation", sources said
India is under no obligation to implement the recommendations of the WTO's dispute panel on its export promotion schemes, which was challenged by the US, as New Delhi has appealed against that order at the higher level, Parliament was informed on Wednesday
The Indian rupee pared initial gains to close 2 paise lower at 74.26 (provisional) against the US dollar on Wednesday amid sustained foreign fund outflows and heavy selling in domestic equities
Bharti Airtel, Vodafone Idea and Tata Group's self-assessment of dues to the government are a whopping Rs 82,300 crore short of what the telecom department calculated after the Supreme Court's ruling on AGR
The Asian Development Bank (ADB) on Wednesday announced a $6.5 billion package for its developing member countries to fight the coronavirus pandemic
The government's plan to provide broadband services in all villages of the country is likely to see an investment of Rs 7 lakh crore with 90 percent of the contribution coming from industry players, Parliament was informed on Wednesday
The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmission of monetary policy rate cuts, sources said
Gold prices on Wednesday rose by Rs 311 to Rs 40,241 per 10 gram in the national capital amid rupee depreciation and higher buying, according to HDFC Securities
Gold prices on Wednesday fell by Rs 444 to Rs 39,800 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas
Following the coronavirus outbreak, the gems and jewellery sector in the country has come to a standstill with retailers managing to do only 20-25 percent business due to fewer footfalls amid fear of the virus' spread, according to an industry body
Telecom shares came crashing on Wednesday, led by Vodafone Idea which plunged 40 percent, after the Supreme Court pulled up the Centre and telcos for doing self-assessment or reassessment of the AGR dues fixed by the apex court
Union Minister Anurag Thakur on Tuesday pointed out that the latest data on trade and indicators of domestic output do not suggest any adverse impact of coronavirus on the Indian economy
Reliance Jio has opposed the suggestion of BSNL and MTNL to exempt telecom operators having less than 15 percent market share from minimum rates for phone calls and data services
S&P Global Ratings on Wednesday lowered India's economic growth forecast to 5.2 percent for 2020, saying the global economy is entering a recession amid the coronavirus pandemic
The Indian rupee appreciated by 32 paise to 73.92 against the US dollar in early trade on Wednesday tracking positive opening in domestic equities
Budget carrier GoAir on Tuesday announced suspending international operations and offering leave without pay programme for its staff on a rotational basis, amid sharp decline in air travel due to the coronavirus pandemic
Amazon India has said it is working extensively with seller partners to ensure product availability, and bringing on the additional capacity for delivery, after stocks ran out on some popular items, especially in the household staples category
The rupee pared its initial gains to settle marginally lower at 74.28 (provisional) against the US dollar on Tuesday amid a continued meltdown in equity markets and sustained foreign fund outflows
The nearly 30 percent fall in global crude oil prices can lower petrol prices by Rs 12 per litre and diesel prices by Rs 10 per litre in India from their present prices, said State Bank of India (SBI) research team's publication Ecowrap published on Tuesday
Equity benchmark BSE Sensex plunged 811 points in fag-end selloff on Tuesday after a see-saw session as the coronavirus pandemic-led recession fears kept investors jittery
Corporate India is expecting a 0.5 percent hit on economic growth in FY2020-21 if the coronavirus pandemic lasts longer, pushing up fiscal deficit and creating more bad loans for the bank, says an industry survey
Moody's Investors Service on Tuesday lowered India's GDP growth forecast for 2020 calendar year to 5.3 percent, on coronavirus implications on the economy
The RBI governor said a decision on the interest rate will be taken in the MPC meeting
Investors' wealth eroded by Rs 7.62 lakh crore on Monday as markets witnessed yet another sharp fall, with the Sensex plunging 2,713.41 points as coronavirus scare continued to hit market sentiment
Minister of State for Finance Anurag Singh Thakur on Monday tabled three notifications relating to increase in excise duty and road cess on petrol and diesel by Rs 3 per per litre, amidst uproar by opposition in Lok Sabha