Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
New Delhi [India], April 14 (ANI): Following Congress leader Rahul Gandhi's remarks on Sunday that the government must protect corporate entities from "foreign interests", the Congress party has demanded the Centre to be careful and instruct SEBI and RBI to take appropriate steps to thwart a
New Delhi [India], April 13 (ANI): Congress leader Anand Sharma on Monday said that Prime Minister Narendra Modi should remove COVID-19 lockdown in a phase-wise manner and pointed out that there is a necessity to start the economic activity in the country.
New Delhi [India], April 10 (ANI): The exit strategy of countrywide lockdown amid coronavirus pandemic should aim towards bringing about a fine balance that on one hand normalises economic and social activity and yet contains the disease from spreading and getting out of control, the Federat
Mumbai (Maharashtra) [India], April 7 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Tuesday reported crude steel production of 16.06 million tonnes in 2019-20 which marked a 4 per cent decline from 16.69 million tonnes in the previous fiscal year.
Mumbai (Maharashtra) [India], April 3 (ANI): Equity benchmark indices slipped further on Friday as banks and financial stocks dragged with investors expecting a deterioration in their asset qualities due to disruption in economic activity from the coronavirus outbreak.
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
New York [USA], Mar 23 (ANI): The rapid spread of the coronavirus in the last two weeks, widespread business closures and unprecedented restrictions on social interactions will result in a permanent hit to global economic activity this year, according to Moody's Investors Service.
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.