New Delhi [India], Mar 14 (ANI): Principal Economic Advisor Sanjeev Sanyal on Friday said that the fall in the stock market is a direct result of the prevailing environment of fear caused due to the ongoing coronavirus crisis in the country and the world.
Washington [US], Mar 14 (Sputnik/ANI): US stocks closed up nine percent on Friday (local time) as President Donald Trump declared a national emergency to combat the coronavirus outbreak.
Mumbai (Maharashtra) [India], Mar 13 (ANI): Equity benchmark indices staged the biggest ever intra-day recovery on Friday after hitting a 10 per cent lower circuit for the first time since 2008 global financial crisis.
Mumbai (Maharashtra) [India], Mar 13 (ANI): The Securities and Exchange Board of India (SEBI) and stock exchanges have a robust risk management framework in place which automatically gets triggered in response to movements in the indices, the market regulator said on Friday.
New Delhi [India], Mar 13 (ANI): The current developments in stock market are related to global factors and do not reflect strong fundamentals of the Indian economy, Chief Economic Adviser K V Subramanian said on Friday.
Mumbai (Maharashtra) [India], Mar 13 (ANI): Investors remained nervous during early hours on Friday as equity indices crashed by 10 per cent but recovered quickly after the trading was halted for 45 minutes as the Nifty hit a lower circuit.
Mumbai (Maharashtra) [India], Mar 13 (ANI): Investors woke up to a Black Friday as equity indices crashed by nearly 10 per cent with coronavirus panic selling globally hitting almost every asset class.
New York [USA], Mar 12 (ANI): Trading halted temporarily on the New York Stock Exchange for the second time this week after Standard & Poor 500 plunged by seven per cent just minutes into Thursday's session.
New Delhi [India], Mar 12 (ANI): Automobile registrations rose by 2.6 per cent last month as transitionary demand crawled in with March 31 as the sunset date for BS-IV vehicles, the Federation of Automobile Dealers Associations (FADA) said on Thursday.
Washington D.C. [USA], Mar 12 (ANI): American stock markets declined by nearly five per cent on Wednesday evening (local time) after President Donald Trump announced that travel from Europe to the United States will be suspended for 30 days, beginning Friday at midnight.
Mumbai (Maharashtra) [India], Mar 11 (ANI): Private sector lender RBL Bank said on Wednesday it is a fundamentally strong institution and speculation over financial health and stability of the institution especially in social media seem to be misplaced, motivated and not based on facts.
Mumbai (Maharashtra) [India], Mar 11 (ANI): Sanjay Behl, Chief Executive Officer for lifestyle business at fashion and textile retailer Raymond Ltd, has decided to step down from his current role after serving for seven years.