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Three-month EMI holiday for home, car loans and other highlights from RBI policy

Finance

27 March, 2020

Three-month EMI holiday for home, car loans and other highlights from RBI policy

The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......

Nifty ends higher on rate cut but logs sixth week of decline

Markets

27 March, 2020

Nifty ends higher on rate cut but logs sixth week of decline

India's Nifty blue-chip index closed slightly higher on Friday after wild swings late in the session, as the country's central ......

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Bertelsmann's Pankaj Makkar on drawing lessons from China on how to tackle coronavirus

Finance

27 March, 2020

Bertelsmann's Pankaj Makkar on drawing lessons from China on how to tackle coronavirus

Bertelsmann India Investments, the strategic investment arm of Germany-headquartered media firm Bertelsmann SE & Co. KGaA, is one of the ......

RBI slashes interest rates as coronavirus lockdown hits economy

Economy

27 March, 2020

RBI slashes interest rates as coronavirus lockdown hits economy

The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......

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 ......

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Distressed asset funds smell blood as coronavirus bites businesses

Finance

26 March, 2020

Distressed asset funds smell blood as coronavirus bites businesses

Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement ......

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, which has inflated borrowing ......

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 announced on Thursday a 1.7-trillion-rupee ($22.6-billion) economic stimulus plan providing direct cash transfers and food security measures to give ......

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 thousands ......

Nifty, Sensex close higher but off session's highs as relief package fails to impress

Markets

26 March, 2020

Nifty, Sensex close higher but off session's highs as relief package fails to impress

Indian shares closed up on Thursday for a third straight session, but slipped from the day's highs after the government's ......