The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China
With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday
Leading realty firm Tata Housing on Wednesday launched an online campaign to sell completed housing units in its 17 projects, offering prospective buyers to book their flats by paying 10 percent now and rest in January next year
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products
Long-haul carrier Qatar Airways said on Wednesday that it will lay off staff as the coronavirus pandemic largely has grounded the global aviation industry
The government has provided Rs 34,800 crore financial assistance using digital payment infrastructure to about 39 crore beneficiaries under the Pradhan Mantri Garib Kalyan Package (PMGKP) to protect them from the impact of COVID-19 lockdown
Shares of oil marketing companies -- Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd -- on Wednesday plunged up to 13 percent, a day after a hike in excise duty on petrol and diesel
Shares of agriculture solutions firm Rallis India on Wednesday plunged over 8 percent after the company reported a decline of 49.62 percent in its consolidated net profit for the quarter ended March, 2020
The cash-strapped government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record increase in excise duty on petrol and diesel, that will help make up for revenue it lost in a slowing economy and shutting down of businesses due to coronavirus lockdown
The government has appointed Economic Affairs Secretary Tarun Bajaj as a director on the central board of Reserve Bank of India (RBI)
India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike in layoffs and reinforcing fears of a deep recession in Asia’s third-largest economy, a private survey showed
Employees expect their employers to take responsibility to ensure a healthy and safe environment for them as they prepare to return to work post-coronavirus and lockdown.
The rupee depreciated 18 paise to 75.81 against the US dollar in opening trade on Wednesday amid strengthening American currency overseas and sustained foreign fund outflows
Global luxury sales could drop up to 35 percent by the end of 2020, according to a recent report by Bain & Company, a management consultant firm.
Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported 74 percent decline in consolidated net profit to Rs 340.21 crore for the fourth quarter ended 31 March
NABARD said since the second half of March 2020, it has disbursed nearly Rs 30,021 crore to rural banks.
Wipro said it will provide the physical infrastructure, medical furniture and equipment besides appointing an administrator and skeletal support staff to help operationalise the hospital quickly.
In the last fiscal the MSME disbursement target was Rs 74,000 crore.
Investors witnessed a wealth erosion of Rs 6,98,419.77 crore in two days of market fall as benchmark indices failed to hold onto early gains on Tuesday and closed lower
The country's largest two-wheeler maker Hero MotoCorp on Monday said it has resumed operations across three of its manufacturing plants with actual product roll-out expected to begin from Wednesday
With the unprecedented situation arising out of COVID-19 pandemic, companies across the world have re-evaluated their HR practices, and while 50 percent organisations across industries are keeping their salary hike budgets unchanged, 36 percent have opted for a decline, says a survey
Industry body FICCI on Tuesday suggested the government to resume operations of downstream industries like real estate and construction of roads and highways to minimise the impact of COVID-19 pandemic on the cement sector
The COVID-19 crisis has led to a spike in the country's unemployment rate to 27.11 percent for the week ended 3 May, up from the under 7 percent level before the start of the pandemic in mid-March, the Centre for Monitoring Indian Economy (CMIE) has said
Last week, MCX announced it would charge up to 125 percent or Rs 1,95,000 per lot if price falls up to 90 percent.
SBI Life on Tuesday reported a nearly 16 percent rise in its net profit at Rs 530.67 crore for the quarter to March 2020
The Institute for Clinical and Economic Review (ICER), which assesses the effectiveness of drugs to determine appropriate prices, put the cost of producing a 10-day course of remdesivir at $10.
All India Motor Transport Congress (AIMTC) on Tuesday demanded the rollback of diesel price hike and said increasing duties and taxes may disrupt the supply of essential commodities
The industrial policy and investment promotion department has constituted a committee, which will advise the state government about ways to attract investments in the aftermath of the pandemic.
JSPL said the outbreak of pandemic began impacting economic activity by the third week of March, leading to the announcement of the nationwide lockdown.
Apex sectoral body Federation of Associations in Indian Tourism & Hospitality (FAITH) on Monday doubled its loss guidance for India's tourism sector to Rs 10 lakh crore on account of the impact of COVID-19 pandemic