As Cancellations Mount, The Future Looks Grim For Hospitality Sector

The coronavirus pandemic has greatly impacted the Indian hospitality industry, with cancellations going up to 75 per cent.

Senior Care Providers See A Spurt In Service Requests

With many nations imposing travel restrictions to curb the spread of coronavirus, non-resident Indians are turning to elderly care providers to support their aged parents in India.

Sensex Crashes As Stimulus Fails To End Fears

Equity benchmark Sensex plunged over 1,709 points on Wednesday as talk of stimulus measures to cushion the economic blow of the Covid-19 pandemic failed to cheer markets across the globe.

Maharashtra Maritime Board to pick equity in JNPT-helmed Vadhavan Port

‘It is imperative that a deep draft container port is developed on the western coast’

CORONAVIRUS FALLOUT Banks to seek RBI forbearance on loans to MSMEs, housing sector

Banks plan to move the Reserve Bank of India, seeking regulatory forbearance on loans given by them to the micro, small and medium enterprises (MSMEs) and the affordable housing segment, as borrowers in these categories could fall behind in making loan repayments due to the novel coronavirus outbreak.

India's Cross-border Trade With Nepal, Bhutan, Bangladesh Beginning To Feel The Virus Heat

The coronavirus outbreak is yet to significantly impact international trade along India’s land border. However, passenger movement is distinctly down at most border gates following an embargo on the fresh issue of visas.

Covid-19 Gives Global Economy The Shivers

Words like recession, credit crisis and even depression are on forecasters’ lips. The virus has caught governments flat-footed

Ever think of the engine that powers your aircraft?

This crucial piece of machinery is at the crux of the overall plane design. Tune in to its sounds the next time you fly!

STMicroelectronics, AMU team up to develop wireless chargers for EVs

Partners to use home-grown tech for the project, which is part of Imprint-2 initiative.

Customers need not worry about the safety of deposits, says YES Bank's administrator

The bank’s ATMs and branches have adequate supply of cash, says Prashant Kumar

Will The Crude Oil Rout Continue?

Demand is weak and supply aplenty; but pragmatism may prevail between Saudi Arabia and Russia

Dark Clouds: By May-End, Most Airlines May Go Belly Up, Says CAPA

Says cash reserves are depleting quickly as fleets are grounded

Govt Shouldn't Junk Unpleasant Data

Suppressing data that point to low growth, rising joblessness and poverty impedes effective policymaking in a crisis

The World Is Heading For Its Biggest-Ever Crude Oil Surplus, Says IHS Markit

After a dizzying drop in demand and an about-face in Saudi Arabian production policy, global oil markets face the possibility of the biggest crude surplus ever recorded, according to IHS Markit.

Covid-19 Impact: RBI Takes Steps To Infuse Liquidity

Dollar swap auction worth $2 b, long-term repo operations in tranches in the works

Citing Covid-19, M.P. Speaker Adjourns House Without Floor Test

Congress in defiant mood despite Governor insisting on show of strength; House adjourned for 10 days; BJP goes to SC

What Lies Ahead For The Indian Stock Market?

There could be more volatility going ahead; keep calm and be disciplined

Is India Running Too Few Tests?

In the light of limited testing protocol charted out by Ministry of Health and Family Welfare for novel coronavirus (Covid-19), a Maharashtra-based physician faced a strange dilemma while caring for a patient with severe multi-organ failure and pneumonia in an intensive care unit of a rural hospital.

Gold To Trade With Bearish Bias

The decline can intensify if the price slips below ₹40,000

Investors Left In The Lurch As YES Bank Writes Down AT1 Bonds Worth ₹8,415 cr

Private sector lender YES Bank’s decision to write down its additional tier I (AT1) bonds, worth ₹8,415 crore, has left retail investors aghast.

Covid-19: Modi Proposes Emergency SAARC Fund; India To Contribute $10M

Leaders from eight countries discuss common strategy to combat virus

MEIS To Be Withdrawn In Phases; New Scheme For Remission Of Export Levies Gets Approval

Govt to hold discussion with stakeholders to fix rates for products under the new scheme

RBI ‘Actively' Monitoring Withdrawals And Liquidity Position At Private Banks

Following the crisis at YES Bank, some State governments had begun transferring their deposits to PSBs.

Sensex Makes 5,380-Point Rally After Crash, Market Halt

Equity benchmark Sensex spurted 1,325.34 points while the Nifty reclaimed 9,900 levels after a highly volatile session on Friday as investors rushed to buy stocks at beaten-down valuations after markets saw their biggest selloff-earlier in the day.

Airport Operators Seek Moratorium On Concession Fees As Airlines Cut Down Flights

With as many as 580 flights cancelled due to the outbreak of coronavirus, the Association of Private Airport Operators (APAO) has asked for a moratorium on payment of concession fees to the regulator.

Covid-19 Unmasks Govt's Poor Procurement Policies

Protective gear substandard due to obsession with price over quality, say industry watchers

Never Aspired To Become CM: Rajinikanth

Says, need fewer party posts, more youngsters contesting elections and separation of party and government leadership.

Coronavirus Has Not Broken Our Supply Chain, Says Airbus

‘India requires 1,900 new aircraft in next 20 years’

Covid-19: Mobile Phone Makers Face ₹6,000-cr Production Impact By April

Supply chain may be hit though Chinese factories are slowly re-starting.

Sweden's Ravin Aviation to design, develop 10-seater seaplane in India

To set up a design centre in Bengaluru or Hyderabad.