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India's March services activity contracts amid coronavirus disruptions

Finance

06 April, 2020

India's March services activity contracts amid coronavirus disruptions

India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand ......

Coronavirus cases exceed 1 million, wreaking world havoc

General

03 April, 2020

Coronavirus cases exceed 1 million, wreaking world havoc

Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed ......

Govt orders banks to remain open during lockdown

Finance

30 March, 2020

Govt orders banks to remain open during lockdown

India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and ......

India's electricity use falls to five-month low due to lockdown

Infrastructure

27 March, 2020

India's electricity use falls to five-month low due to lockdown

India's electricity use fell to the lowest in nearly five months on the first day of a nationwide lockdown to ......

Govt outlines $22.6 bn economic stimulus for poor hit by lockdown

Economy

26 March, 2020

Govt outlines $22.6 bn economic stimulus for poor hit by lockdown

India announced on Thursday a 1.7-trillion-rupee ($22.6-billion) economic stimulus plan providing direct cash transfers and food security measures to give ......

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

Economy

25 March, 2020

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

India is likely to agree an economic stimulus package of more than 1.5 trillion rupees ($19.6 billion) to fight a ......

India under lockdown for 21 days as coronavirus spreads

General

24 March, 2020

India under lockdown for 21 days as coronavirus spreads

Indian Prime Minister Narendra Modi ordered a 21-day lockdown of the world’s second most populous country on Tuesday, following China’s ......

Economy grows slowly in December quarter, with virus impact to come

Economy

28 February, 2020

Economy grows slowly in December quarter, with virus impact to come

India’s economy expanded by 4.7% in the December quarter compared with the same period a year earlier, the slowest pace ......

As govt revenue falls, taxmen target jewellers in three-year-old demonetisation cases

Finance

27 February, 2020

As govt revenue falls, taxmen target jewellers in three-year-old demonetisation cases

Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to ......

Sensex, Nifty slip for third session on coronavirus worries

Markets

25 February, 2020

Sensex, Nifty slip for third session on coronavirus worries

Indian stocks fell for a third straight session on Tuesday as concerns over the coronavirus outbreak hit risk sentiment, while ......