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Oil plunges 25% after Saudi Arabia slashes prices, opens taps

Markets

09 March, 2020

Oil plunges 25% after Saudi Arabia slashes prices, opens taps

Oil prices plunged around 25% on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices ......

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Markets

09 March, 2020

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets lower, as panic ......

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Finance

06 March, 2020

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings ......

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Markets

06 March, 2020

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Indian stocks slumped on Friday with banks and non-bank companies dropping after the Reserve Bank of India’s decision to impose ......

Sensex, Nifty rise in step with Asian peers; coronavirus fears cap gains

Markets

05 March, 2020

Sensex, Nifty rise in step with Asian peers; coronavirus fears cap gains

Indian shares climbed on Thursday in tandem with broader Asian markets, lifted by banking and consumer stocks, though a sharp ......

Govt pushes state banks to boost lending as coronavirus fears grow

Finance

05 March, 2020

Govt pushes state banks to boost lending as coronavirus fears grow

India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of ......

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Finance

04 March, 2020

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Blackstone Group Inc. is positive about India’s long-term growth story despite the recent economic slowdown and the ongoing global health ......

Nifty, Sensex decline as coronavirus cases jump to 28

Markets

04 March, 2020

Nifty, Sensex decline as coronavirus cases jump to 28

Indian shares closed lower on Wednesday after the country's health minister confirmed the number of coronavirus cases had risen sharply ......

US Fed cuts rates to blunt coronavirus impact, markets drop

Economy

04 March, 2020

US Fed cuts rates to blunt coronavirus impact, markets drop

The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the ......

Sensex, Nifty snap losing streak on hopes of global policy easing

Markets

03 March, 2020

Sensex, Nifty snap losing streak on hopes of global policy easing

Indian shares ended higher on Tuesday, snapping their longest losing streak since last May, lifted by hopes of policy easing ......