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IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

Economy

17 June, 2020

IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020 and ......

Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings

Manufacturing

16 June, 2020

Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings

Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target ......

Indian exports fall by over 36% in May

Economy

15 June, 2020

Indian exports fall by over 36% in May

India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall ......

Foreigners sell Indian bonds in May, buy in other Asian markets

Markets

15 June, 2020

Foreigners sell Indian bonds in May, buy in other Asian markets

Indian bonds faced sharp foreign outflows in May on worries about rising domestic coronavirus infections, while other Asian fixed income ......

Sensex, Nifty down over 1.5% on rising virus cases

Markets

15 June, 2020

Sensex, Nifty down over 1.5% on rising virus cases

Indian shares fell more than 1.5% on Monday, dragged lower by bank stocks, as investors were spooked by a spike ......

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Infra projects face delays, cost overruns as lockdown, labour crunch compound woes

Infrastructure

15 June, 2020

Infra projects face delays, cost overruns as lockdown, labour crunch compound woes

India’s infrastructure sector faces tough times ahead as an economic slowdown and a months-long nationwide lockdown that triggered an exodus ......

Govt suspends release of inflation, industrial output data for lockdown period

Economy

12 June, 2020

Govt suspends release of inflation, industrial output data for lockdown period

India said on Friday it was putting off the release of headline consumer price inflation numbers for April and May, ......

Mahindra seeks to give up control of struggling South Korean unit SsangYong

Manufacturing

12 June, 2020

Mahindra seeks to give up control of struggling South Korean unit SsangYong

Mahindra & Mahindra plans to give up control of struggling South Korean unit SsangYong Motor, the Indian automaker's managing director ......

Govt's $40-bn plan to revive SMEs off to a slow start

Finance

12 June, 2020

Govt's $40-bn plan to revive SMEs off to a slow start

India’s ambitious plan to provide some 3 trillion rupees ($39.5 billion) in loans to small businesses to boost an economy ......

Aarogya Setu: Why govt must take more steps to ease data privacy, liability concerns

Opinion

12 June, 2020

Aarogya Setu: Why govt must take more steps to ease data privacy, liability concerns

Aarogya Setu, the Indian government’s controversial COVID-19 contact-tracing mobile app, lauds itself as having the largest user base (over 114 ......