Search Results for: economic recession

Petrol, diesel prices in India: No reason to worry about hike in excise duty

The excise duty on petrol and diesel was hiked by Rs 3 per litre due to the falling oil prices in the international markets. In addition to this, the road cess on petrol was also raised by Rs 1 per litre.

Mar 14, 2020

Stocks stage furious rally late after national emergency declared

After U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, the US stocks staged a furious rally in the waning moments of the session on Friday.

Mar 14, 2020

Roller coaster Friday: Sensex recovers whopping 5400 points after hitting lower circuit

Soon after the trading session was resumed, the indices at both BSE and NSE Sensex and Nifty shot up as much as 5,381 points and 1,604 points, respectively, from their early morning lows.

Mar 13, 2020

Coronavirus carnage: Sensex plummets over 3,000 points crash; trading halts for 45 mins

The S&P BSE Sensex was down over 3000 points to hit below 30,000 levels while the NSE barometer Nifty plummetted nearly 1,000 points or 10.07 per cent.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

With the widespread coronavirus attack on a global rise, it is becoming increasingly difficult for businesses to sustain the growth momentum through the last few weeks. The trade and business in India has been worst hit by $348-million, according to a UNCTAD report. This is much lesser in comparison to the impact borne by the world's leading economies - the EU, the US, Japan and South Korea.

Mar 12, 2020

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

The US S&P 500 futures slipped as much as 4.9 per cent, a day after losing 4.89 per cent, putting the index firmly in a bear market territory for the first time since the 2008 global economic crisis.

Mar 12, 2020

Two Amazon employees tested positive for COVID-19

Shocking: Female students from North East attacked in Delhi, called 'coronavirus'

Female students from North East were called 'coronavirus' with similar incidents reported from elsewhere.

Mar 10, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday, March 10 how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Mar 10, 2020

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Aftermath of Yes Bank crisis: 40,000 customers abroad panic, CBI files FIR against Kapoor and his family

Post moratorium issued by RBI on Yes Bank, and Rana Kapoor's residence being raided, CBI has now registered FIR against Yes Bank founder Rana Kapoor, his wife and three daughters accusing them of bribery, money laundering and cheating under the PMLA and Prevention of Corruption act.

Mar 10, 2020

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Search Results for: economic recession

Petrol, diesel prices in India: No reason to worry about hike in excise duty

Stocks stage furious rally late after national emergency declared

Roller coaster Friday: Sensex recovers whopping 5400 points after hitting lower circuit

Coronavirus carnage: Sensex plummets over 3,000 points crash; trading halts for 45 mins

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

Shocking: Female students from North East attacked in Delhi, called 'coronavirus'

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

Aftermath of Yes Bank crisis: 40,000 customers abroad panic, CBI files FIR against Kapoor and his family

Mayhem at Dalaal Street: Here what dragged indices on stock market

Sudan's PM Abdalla Hamdok survives assassination attempt in capital Khartoum

North Korea fires three projectiles into sea, South Korea says

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]