Coronavirus Outbreak
Indian economy to contract 10.5% this fiscal, says Fitch
India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdown
NPR, Census not on priority list for government in 2020
"Census is not an essential exercise for now. Even if it is delayed by a year, there would be no harm," official said
Shobhaa De | Drastic survival steps to live through COVID times
With no signs of abatement, most of us are now resigned to a bleak future with dark clouds on the horizon
Oil falls as worsening pandemic threatens recovery
In the US, energy drillers cut the number of oil and natural gas rigs operating to a record for an 11th week in a row
India has world's lowest COVID fatalities and cases per million population: Centre
The number of recoveries now stands at 4,56,830, while there are 2,64,944 active cases in the country.
Electricity output falls sharply in first half of June
Power generation fell 14.5% in the first 15 days of June compared with a 14.3% fall in May
Fitch cuts India's outlook to 'negative'
Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict lockdown measures
Asian stocks stumble on fears of second coronavirus wave
The financial support, easing of lockdown restrictions, opening-up of economies provided support to equities in recent months
HSBC to cut around 35,000 jobs
The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank’s 2,35,000 staff worldwide
Tata Motors to shed 1,100 jobs at Jaguar Land Rover
The automaker posted a consolidated fourth quarter net loss of Rs 98.94 billion, as coronavirus lockdowns across its markets ravaged sales