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A lone pedestrian walks down Broadway past the Charging Bull statue as COVID-19 concerns empty a typically bustling downtown area. AP photo

Coronavirus recession could be worse than 2009: IMF

The human costs of the coronavirus pandemic are already immeasurable, and countries must protect people and limit the...

24 March 2020 12:06 AM IST

Rahul Gandhi says the coronavirus impact has been severe on daily-wage workers and small enterprises.

Rahul Gandhi argues for big financial package to rescue Indian economy

What we need is cash relief and tax sops, not beating of thalis, says Congress leader

21 March 2020 4:45 PM IST

Fitch cuts India growth forecast to 5.1% for FY21 amid coronavirus outbreak (Image- PTI)

Covid 19 impact: Fitch cuts India-'s growth forecast to 5.1% for FY21

Fitch had in December 2019 projected India-'s growth at 5.6 per cent for 2020-21 and 6.5 per cent in the following year

20 March 2020 11:34 AM IST

RBI Governor Shaktikanta Das. (Image- Twitter)

RBI extends a credit line of Rs 60,000 crore to Yes bank

As per Section 17 of RBI Act 1934, central bank can provide liquidity support to any lender in the form of loans and...

19 March 2020 4:25 PM IST

Reserve bank of Australia (Image- AFP)

Australia central bank cuts rates to new record low of 0.25%

Central bank of Australia cuts cash rate a quarter point, to remain at this record low -"until progress is made towards...

19 March 2020 10:03 AM IST

IndusInd bank. (Photo- ANI)

IndusInd Bank says it is financially strong, amid speculation on...

The bank said it maintains liquidity well above 100 per cent going up to 120 per cent on a daily basis

18 March 2020 12:53 PM IST

Representative Image (PTI)

Rupee trades marginally higher at 74.29 against US dollar

Rupee opened at 73.98, then gained further ground, registering a rise of 32 paise over its previous close

18 March 2020 10:50 AM IST

Representative Image (PTI)

Yes Bank moratorium ends today, to resume banking services

On march 5, RBI imposed a moratorium on Yes bank, restricting withdrawals to Rs 50,000 per depositor till April 3

18 March 2020 9:56 AM IST

Representative Image (AFP)

Oil crash piles pressure on oil-dependent Saudi Arabia

The top crude exporter also faces plummeting oil prices, which slipped below $30 a barrel this week for the first time...

18 March 2020 8:58 AM IST

Represenative Image (PTI)

Coronavirus pandemic: S&P lowers India-'s growth forecast to 5.2 pc in...

Asia-Pacific economic growth in 2020 will be more than halve to less than 3 per cent as the -"global economy enters a...

18 March 2020 8:30 AM IST

Representative Image (PTI)

Yes Bank ATMs full of cash, complete normalcy restored: Prashanth...

On March 5, the Reserve Bank of India imposed a moratorium on Yes Bank, restricting withdrawals to Rs 50,000 per...

17 March 2020 6:31 PM IST

Representative Image (PTI)

RBI to provide liquidity to Yes Bank, if needed

Moratorium on Yes Bank to be lifted on March 18: RBI

16 March 2020 5:08 PM IST