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Coronavirus has ‘drastically altered' India's growth outlook: RBI

Finance

09 April, 2020

Coronavirus has ‘drastically altered' India's growth outlook: RBI

The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its ......

State govts scramble for funds as virus takes toll on coffers

Finance

07 April, 2020

State govts scramble for funds as virus takes toll on coffers

A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning that essential public services and ......

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 ......

RBI halves bond, forex trading hours to curb volatility amid lockdown

Markets

03 April, 2020

RBI halves bond, forex trading hours to curb volatility amid lockdown

The Reserve Bank of India (RBI), in a unprecedented move, cut market trading hours for both bonds and foreign exchange ......

India's March factory activity growth falls to four-month low

Manufacturing

02 April, 2020

India's March factory activity growth falls to four-month low

India’s manufacturing activity expanded at its slowest pace in four months in March and is likely to get worse as ......

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 ......

Three-month EMI holiday for home, car loans and other highlights from RBI policy

Finance

27 March, 2020

Three-month EMI holiday for home, car loans and other highlights from RBI policy

The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......

Nifty ends higher on rate cut but logs sixth week of decline

Markets

27 March, 2020

Nifty ends higher on rate cut but logs sixth week of decline

India's Nifty blue-chip index closed slightly higher on Friday after wild swings late in the session, as the country's central ......

RBI slashes interest rates as coronavirus lockdown hits economy

Economy

27 March, 2020

RBI slashes interest rates as coronavirus lockdown hits economy

The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......

Bruised Indian economy to be battered further by coronavirus: Poll

Economy

27 March, 2020

Bruised Indian economy to be battered further by coronavirus: Poll

India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the ......