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Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)

World Bank estimates worst economic slump in South Asia

The dire economic effects are already much in evidence, with widespread lockdowns freezing most normal activity

12 April 2020 9:54 AM IST

Petrol pump operators seek financial support as sales drop

Petrol pump operators seek financial support as sales drop

Petrol and diesel sales have slumped over 66 per cent in April as the nationwide lockdown halted economic activity and...

10 April 2020 6:06 PM IST

Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs participated in G20 Meeting of Finance Ministers and Central Bank Governors. (AFP- FILE PHOTO)

G20 meeting of Finance Ministers and Central Bank Governors on Apr 15

The virtual meeting of the finance ministers and central bank governors comes within a fortnight of their last meeting...

10 April 2020 2:54 PM IST

ADB is committed to supporting Indias emergency needs. (AFP PHOTO)

ADB assures $2.2 billion support package to India for battling covid19

Asian Development Bank is also engaged with the private sector to meet its financing needs during this period

10 April 2020 12:52 PM IST

The global economy is expected to slump into recession in 2020 says RBI. (PTI Photo)

Virus has sharply altered India's economic recovery: RBI

India's economy expanded at its slowest pace in more than six years in the last three months of 2019

10 April 2020 11:14 AM IST

Prime Minister Narendra Modi with Finance Minister Arun Jaitley and MoS Nirmala Sitharaman releasing publications at the launch of the Pradhan Mantri Jan Dhan Yojana in New Delhi

Govt to deposit Rs 1,000 in women Jan Dhan accounts

Of the total 38.08 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY), as many as 20.60 crore were held by...

9 April 2020 4:52 PM IST

Centre has approved the COVID-19 Emergency Response and Health System Preparedness package aimed at boosting national and state health systems.

Centre approves covid19 emergency package for states, UTs

The activities to be undertaken include disinfection of hospitals, government offices, public utilities and ambulances

9 April 2020 1:20 PM IST

ndias GDP growth for the current fiscal is expected to slow down to 4.8 per cent. (AFP Photo)

India's GDP may dip to 4.8% in FY21: UN report

Economic growth for the country could stand at 5.1 per cent for fiscal year 2021-22

9 April 2020 12:30 PM IST

Indias second covid19 stimulus to focus on aid to small businesses

India's second covid19 stimulus to focus on aid to small businesses

Last month, India outlined a 1.7-trillion rupee ($22.6-billion) economic stimulus plan providing direct cash transfers

9 April 2020 10:06 AM IST

An Indian woman works on a sewing machine during lockdown to prevent the spread of new coronavirus in Jammu, India, Tuesday, March 31, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo)

South India better equipped to deal with lockdown:ISB study

Companies in the peninsular part are better equipped to deal with prevailing conditions to adopt work-from-home...

9 April 2020 9:10 AM IST

overnment has released close to Rs 1.35 lakh crore to states and union territories towards GST compensation cess. ()

Centre releases Rs 14,103 cr GST compensation cess to states

Centre has paid a total of Rs 34,053 crore pending GST compensation cess for October and November

8 April 2020 5:17 PM IST

Indias GDP growth for FY21 may plummet to 1.6 percent low due to covid19

India's GDP growth for FY21 may plummet to 1.6 percent low due to...

Indian policymakers have not been aggressive enough in their response till now to the crisis: Goldman Sachs

8 April 2020 4:52 PM IST