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Bruised Indian economy to be battered further by coronavirus: Poll

Economy

27 March, 2020

Bruised Indian economy to be battered further by coronavirus: Poll

India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the...

Yes Bank plans to raise $666 mn more after govt bailout

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base after the government ......

In Charts: How vulnerable are emerging markets to external challenges

Finance

26 March, 2020

In Charts: How vulnerable are emerging markets to external challenges

Already struggling with coronavirus-induced slowdowns, emerging market economies are facing further pressure from a rallying dollar,...

Govt outlines $22.6 bn economic stimulus for poor hit by lockdown

Economy

26 March, 2020

Govt outlines $22.6 bn economic stimulus for poor hit by lockdown

India on Thursday announced a 1.7 trillion rupee ($22.6 billion) economic stimulus plan that will be released through direct cash...

Banks plan to shut down most branches during lockdown

Finance

26 March, 2020

Banks plan to shut down most branches during lockdown

India’s central bank and major lenders are considering shutting down most branches across the country to prevent tens of...

SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak

TMT

26 March, 2020

SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak

Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......

From flowers to incense, India's temple economy hit by coronavirus

General

25 March, 2020

From flowers to incense, India's temple economy hit by coronavirus

Indian shopkeeper Purab Gathani should be gearing up for his busiest time of year selling incense for the spring festival ......

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

Economy

25 March, 2020

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

India is likely to agree an economic stimulus package of more than 1.5 trillion rupees ($19.6 billion) to fight a ......

Walmart names Sameer Aggarwal CEO of Indian cash-and-carry unit

Consumer

25 March, 2020

Walmart names Sameer Aggarwal CEO of Indian cash-and-carry unit

Walmart Inc on Wednesday named Sameer Aggarwal chief executive officer of Best Price, its Indian cash and carry business, and...

Premium
Why NBFCs face bigger headache than banks from coronavirus

Finance

25 March, 2020

Why NBFCs face bigger headache than banks from coronavirus

India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus...

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