The rupee appreciated 21 paise to 75.30 against the US dollar in early trade on Wednesday as Prime Minister Narendra Modi's Rs 20 lakh crore economic stimulus package enthused investors
The Auto component industry is likely to witness a second consecutive year of double-digit degrowth this fiscal mainly on account of disruption in operations due to coronavirus pandemic and the subsequent lockdown, according to a report
Domestic pharma major Hetero on Wednesday said it has entered into a licensing agreement with Gilead Sciences Inc for manufacturing and distribution of remdesivir, a potential therapy for COVID-19
Of the Rs 20-lakh-crore package that Prime Minister Narendra Modi announced to defend the economy against coronavirus disruptions, fresh support may be only around 60 percent of the offer as it counts the first financial stimulus and liquidity support that Reserve Bank has given already, and will overburden bond market, says a report
The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic losses caused by the coronavirus pandemic
The government’s Rs 20 lakh crore special economic package has the potential to be "sustainably beneficial" to all sectors of the economy and help revive commercial vehicle industry, in particular, Ashok Leyland MD and CEO Vipin Sondhi said on Wednesday
Gold exchange-traded funds have been gaining traction from investors and have attracted Rs 731 crore in April amid increased risk-aversion as the coronavirus pandemic severely hit equity investments and the global economy
Industrialist Sajjan Jindal on Wednesday welcomed the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi to revive the economy hit by COVID-19, saying it will give a boost to the ambitious Make in India programme
India continued to be the second-largest deal market in the Asia-Pacific region in 2019 with over 1,000 private equity and venture capital pacts valued at $45 billion - the highest in the last decade, a report by Bain & Company said on Wednesday
Shares of Jubilant Life Sciences on Wednesday rose 5 percent after the company said it has entered into a pact with Gilead Sciences for an investigational drug, remdesivir which is a potential therapy for COVID-19
The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020
The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has resumed operations at its Manesar plant in Haryana after around 40 days of closure due to the coronavirus-led lockdown
The government did not release the April CPI inflation data on Tuesday as the nationwide lockdown prevented officials from collecting price data at various centres
India's industrial production contracted by a record 16.7 percent in March, on account of the poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday
Markets regulator SEBI on Tuesday gave relaxation to listed banks and insurance companies for publishing consolidated financial results for June quarter in the wake of coronavirus pandemic
India needs to come out with a basic income scheme to make the lockdown work, noted French economist Thomas Piketty said on Tuesday
Oil prices rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain a supply glut built up during the coronavirus crisis
The rupee surged 22 paise to close at 75.51 (provisional) against the US dollar on Tuesday, amid a weak American currency in the overseas market
Shares were mostly lower Tuesday in Asia as worries over fresh outbreaks of coronavirus cases overshadowed hopes over reopening economies
The rupee depreciated 22 paise to 75.95 against the US dollar in opening trade on Tuesday amid strengthening American currency overseas and weak opening in domestic equities
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it would resume operations at its Manesar plant from 12 May
Retirement fund body EPFO on Wednesday allowed employers to register their digital signatures online through e-mail, in view of the lockdown to combat COVID-19, according to a labour ministry statement
Automobile majors, including Maruti Suzuki India, Mercedes-Benz, TVS Motor, and Royal Enfield, on Wednesday announced the resumption of or plans to restart production at their respective manufacturing units following the relaxation of guidelines by the government for the third phase of lockdown
The Brihanmumbai Municipal Corporation (BMC) has amended its previous order and allowed reopening of standalone electronics and hardware shops in the city during the lockdown, saying there is an urgent need to keep such shops open to some extent
The country's largest lender SBI has decided to extend the RBI-approved moratorium to the cash-strapped NBFC sector to help them tide over the crisis, its MD Dinesh Kumar Khara said on Thursday
State Bank of India (SBI) has raised its home loan rates that are linked to repo rate by up to 30 basis points, a move which may be followed by other lenders
JK Tyre and Industries on Friday said it has resumed partial operations at various manufacturing facilities across the country
Public sector banks have sanctioned loans worth Rs 42,000 crore to the MSME sector and corporates since the start of the lockdown
Industry body CII on Friday suggested that the government should immediately announce a stimulus package of Rs 15 lakh crore, or 7.5 percent of the GDP, observing that the COVID-19 pandemic has led to "deep distress" in the Indian economy
Food Minister Ram Vilas Paswan on Friday said as many as 20 states and union territories are getting ready for implementation of the ambitious ration card portability service 'One Nation-One Ration Card' from 1 June