Search For "covid 19 impact"
COVID-19 impact: Cricket West Indies announces temporary salary and fund c
Updated : 5 years, 9 months ago IST
St John's [Antigua], May 30 (ANI): The Cricket West Indies (CWI) on Saturday announced a temporary 50 per cent reduction in salaries and cricket funding across the entire regional cricket system, effective from the start of July due to the ongoing coronavirus pandemic which resulted in the s
Read More
PM Modi discusses COVID-19 impact with Sri Lankan Prez, Mauritian PM
Updated : 5 years, 9 months ago IST
New Delhi [India], May 23 (ANI): Prime Minister Narendra Modi on Saturday spoke to Sri Lankan President Gotabaya Rajapaksa over the phone, regarding COVID-19 pandemic and its likely health and economic impact in the region.
Read More
RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
Read More
Bajaj Finserv's Q4 profit tumbles 77 pc as Covid-19 provisions rise
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): Bajaj Finserv on Thursday reported 77 per cent decline in its Q4 FY20 consolidated net profit to Rs 194 crore as compared to Rs 839 crore in the corresponding quarter of previous fiscal.
Read More
Centre hikes borrowing limit for states to 5 pc of GSDP to absorb COVID-19
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Finance Minister Nirmala Sitharaman said on Sunday the Central government has increased borrowing limit for states from 3 to 5 per cent of gross state domestic product (GSDP) for the current financial year 2020-21, giving them additional resources of Rs 4.
Read More
ABB India Q1 profit drops to Rs 66 crore on COVID-19 impact
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 14 (ANI): ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.
Read More
Govt-guaranteed COVID-19 crisis liquidity bridge from banks for sustainabl
Updated : 5 years, 10 months ago IST
New Delhi [India], May 12 (ANI): The government, the Reserve Bank of India (RBI) and banks need to collectively take measures to ensure that businesses do not collapse en masse due to COVID-19 impact and in turn push banks into a systemic failure, according to a study by lead industry body F
Read More
Piramal Enterprises reports Q4 net loss of Rs 1,703 cr on COVID-19 impact
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Piramal Enterprises Ltd on Monday reported a net loss of Rs 1,703 crore for Q4 FY20 versus a net profit of Rs 455 crore in the corresponding period of previous fiscal.
Read More
Immediate stimulus package of Rs 15 lakh crore needed to overcome Covid-19
Updated : 5 years, 10 months ago IST
New Delhi [India], May 9 (ANI): The Confederation of Indian Industry (CII) has called for an immediate economic stimulus package of Rs 15 lakh crore -- or 7.5 per cent of the GDP -- to tide over the impact of Covid-19 led countrywide lockdown.
Read More
Mukesh Ambani to forgo salary amidst other austerity measures at RIL
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani has decided to forego his salary as a cost-cutting measure till COVID-19 impact abates.
Read More
COVID-19 impact will remain visible in coming months, need to fight it wit
Updated : 5 years, 10 months ago IST
New Delhi [India], April 27 (ANI): Prime Minister Narendra Modi on Monday said the impact of coronavirus will remain visible in the coming months and masks and face covers will be part of life while asserting that the country needs to give importance to the economy as well as continue the
Read More
European tourism needs 375 billion euros to recover from Covid-19 impact,
Updated : 5 years, 10 months ago IST
Lisbon [Portugal], April 27 (ANI): Tourism in European Union requires an estimated 375 billion euros to recover from the crisis generated by COVID-19 pandemic and to restore operations according to the European Travel Commission (ETC), Xinhua news agency reported after citing local media on
Read More