India's aviation market presents significant long-term opportunities. Air India is poised to benefit from ...More

India's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium leisure travel is rising globally and in India. Star Alliance members are adapting to this trend. Air India's transformation is progressing well with Star Alliance support. ...Less

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inf ...More

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing the economy and inflation. ...Less

Ohio voters have chosen their candidates for key November elections. Billionaire Vivek Ramaswamy will fac ...More

Ohio voters have chosen their candidates for key November elections. Billionaire Vivek Ramaswamy will face Dr. Amy Acton for governor. Senator Jon Husted secured his party's nomination and will likely compete against Sherrod Brown. These contests set the stage for significant races across the state, with national attention on the outcomes. Several U.S. House races also feature competitive matchups. ...Less

The European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giant ...More

The European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10% spending increase. This ambitious plan clashes with member states like Germany, which advocates for spending cuts. EU officials are pushing for a deal by year-end, citing geopolitical instability and concerns about upcoming elections. ...Less

America has invited Russian President Vladimir Putin to a G20 summit in Miami. President Donald Trump exp ...More

America has invited Russian President Vladimir Putin to a G20 summit in Miami. President Donald Trump expressed doubt about Putin's attendance. This invitation signals a shift in international engagement with Russia. Putin has avoided Western soil since the Ukraine invasion. The summit is scheduled for December in Florida. Russia's participation is pending a final decision from Moscow. ...Less

Super Typhoon Sinlaku is targeting remote U.S. Pacific islands, bringing heavy rain and destructive winds ...More

Super Typhoon Sinlaku is targeting remote U.S. Pacific islands, bringing heavy rain and destructive winds to Guam and the Northern Mariana Islands. Expected to make landfall as a Category 4 or 5 typhoon, it threatens widespread flooding and lengthy power outages for the approximately 50,000 residents on Saipan, Tinian, and Rota. ...Less

India's free trade agreement with the United Kingdom is set to be implemented within the next 30 to 45 da ...More

India's free trade agreement with the United Kingdom is set to be implemented within the next 30 to 45 days. This significant development follows recent discussions between ministers. India is also actively pursuing trade pacts with Oman, Mercosur, Canada, Chile, Peru, and SACU, aiming to expand its global trade footprint and economic partnerships. ...Less

As hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the ...More

As hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the businesses that are helping them to adapt could lead to long-term changes in the economy. ...Less

India faces a sharp decline in government revenues and economic growth for at least two quarters as the c ...More

India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits economic activity and a fall in investor sentiment impacts privatisation plans, government and industry sources said. ...Less

Cost of Coronavirus lockdown on Indian economy ...More

Cost of Coronavirus lockdown on Indian economy ...Less

India’s buffalo meat exports halved to 50,000 tonnes in February because of the coronavirus outbreak, lea ...More

India’s buffalo meat exports halved to 50,000 tonnes in February because of the coronavirus outbreak, leading to a nearly Rs 1,500 crore loss in revenue, according to a meat exporters’ body. ...Less

"The world's second-most populous country with 1.3 billion people had reported just over 130 coronavirus ...More

"The world's second-most populous country with 1.3 billion people had reported just over 130 coronavirus cases and three deaths by Tuesday, in stark contrast to exploding numbers of cases around the world and despite its close proximity to massive virus clusters in Asia and a relatively unsophisticated public healthcare system," an article in the Global Times stated. ...Less

RBI in a statement said the outbreak of coronavirus in China and its spread across geographies will impac ...More

RBI in a statement said the outbreak of coronavirus in China and its spread across geographies will impact tourist arrivals and global trade, and has triggered sell off in equity as well as crude oil markets. Talking to reporters, Das said the extent of impact of coronavirus is still uncertain and unfolding, as he made a case for preparing a contingency plan to deal with the situation and its impact on the economy. ...Less

Trump inherited an economy with already-low unemployment of 4.7 percent when he took office in January 20 ...More

Trump inherited an economy with already-low unemployment of 4.7 percent when he took office in January 2017, less than half the peak hit in the aftermath of the 2008 Global Financial Crisis. ...Less

Britain's economy was almost stagnant in the three months to February, before the coronavirus crisis esca ...More

Britain's economy was almost stagnant in the three months to February, before the coronavirus crisis escalated and pushed the country into what is likely to be a historic recession, official data showed on Thursday. ...Less

As some left their homes and infections began to rise rapidly once again, people would be afraid once mor ...More

As some left their homes and infections began to rise rapidly once again, people would be afraid once more to go out. ...Less

Britain's economy contracted two percent in the first three months of the year, rocked by fallout from th ...More

Britain's economy contracted two percent in the first three months of the year, rocked by fallout from the coronavirus pandemic, official data showed Wednesday. ...Less

Economists are downgrading their estimates as a range of data - from the rate of cheques bouncing to the ...More

Economists are downgrading their estimates as a range of data - from the rate of cheques bouncing to the amount of mortgaged gold jewellery up for sale - shows the extent of the economic damage from a devastating second wave of the disease. ...Less

In a special report on the impact of the virus, the Organization for Economic Cooperation and Development ...More

In a special report on the impact of the virus, the Organization for Economic Cooperation and Development said Monday that the world economy is still expected to grow overall this year and rebound next year. But the OECD lowered its forecasts for global growth in 2020 by half a percentage point, to 2.4% - and said the figure could go as low as 1.5% if the virus lasts long and spreads widely. ...Less

Panic-buying of daily necessities emerged in Japan, tourist sites across Asia, Europe and the Mideast wer ...More

Panic-buying of daily necessities emerged in Japan, tourist sites across Asia, Europe and the Mideast were deserted, and governments closed schools and banned big gatherings. ...Less

Some analysts say infinite monetary policy easing may not be enough and fiscal steps are crucial. ...More

Some analysts say infinite monetary policy easing may not be enough and fiscal steps are crucial. ...Less

Here is an overview of some of the transformations. ...More

Here is an overview of some of the transformations. ...Less

There are expectations that the loss in trade, tourism, and fresh investment can drag GDP growth. ...More

There are expectations that the loss in trade, tourism, and fresh investment can drag GDP growth. ...Less

Dussehra, Diwali and Durga Puja celebrations that extend through the Christmas and New Year holidays are ...More

Dussehra, Diwali and Durga Puja celebrations that extend through the Christmas and New Year holidays are an occasion to splurge on big ticket items like gold, homes and cars as well as clothing, smartphones and electronics. ...Less

Participating in the discussion on the Finance Bill 2020 -21 in Rajya Sabha, Manas Ranjan Bhunia (TMC) sa ...More

Participating in the discussion on the Finance Bill 2020 -21 in Rajya Sabha, Manas Ranjan Bhunia (TMC) said the budget has dashed the hopes of people of the country as they expected that the finance minister would come out with remedial measures to bring the economy out of the current crisis. ...Less

Coronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptio ...More

Coronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptions and inflationary pressures, a report said on Thursday. ...Less

A 30-day lockdown would imply a maximum possible loss of $240 billion. ...More

A 30-day lockdown would imply a maximum possible loss of $240 billion. ...Less

Industry also said the coronavirus pandemic has made the global economic recovery extremely difficult in ...More

Industry also said the coronavirus pandemic has made the global economic recovery extremely difficult in the near-to-medium term, and India is also experiencing disruptions in many ways that have the potential to derail the growth story. ...Less

"The countries known for their strong economy and healthcare network, like the US and EU countries, spent ...More

"The countries known for their strong economy and healthcare network, like the US and EU countries, spent more time debating on economy and health. It worsened the coronavirus crisis," he said. These countries failed to take the right decision at the right time, Nadda said. ...Less

Even if brands have not committed to advertising budgets yet, almost all are thinking ahead to what those ...More

Even if brands have not committed to advertising budgets yet, almost all are thinking ahead to what those future ads should convey. ...Less

Growth reported Thursday for the three months ending in June was a dramatic improvement over the previous ...More

Growth reported Thursday for the three months ending in June was a dramatic improvement over the previous quarter's 6.8% contraction - China's worst performance since at least the mid-1960s. ...Less

The government is making a hash of loosening restrictions while extending the lockdown. ...More

The government is making a hash of loosening restrictions while extending the lockdown. ...Less

With cases at 10,498 and 459 deaths, Maharashtra remained the worst-hit state in the country. Next was Gu ...More

With cases at 10,498 and 459 deaths, Maharashtra remained the worst-hit state in the country. Next was Gujarat with 4,395 cases and 214 deaths, followed by Delhi (3,515 cases, 59 deaths), Health ministry data showed. The other states with high number of cases include Madhya Pradesh (2,660), Rajasthan (2,584), Tamil Nadu (2,323) and UP (2,203). ...Less

The early experiences in China and parts of Europe show it will be no easy task. ...More

The early experiences in China and parts of Europe show it will be no easy task. ...Less

Japan’s economy braced for its worst postwar slump even as first-quarter GDP contracted less than initial ...More

Japan’s economy braced for its worst postwar slump even as first-quarter GDP contracted less than initially thought, as the coronavirus crisis slams the brakes on global growth and raises pressure on Tokyo to cushion the blow to business and consumers. ...Less

In its report titled - Global Macro Outlook 2020-21 (April 2020 update), Moody's has lowered G-20 advance ...More

In its report titled - Global Macro Outlook 2020-21 (April 2020 update), Moody's has lowered G-20 advanced economies as a group to contract by 5.8 per cent in 2020. Moody's said the economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly. ...Less

UN's trade body, however, did not give a detailed explanation as to why and how India and China will be t ...More

UN's trade body, however, did not give a detailed explanation as to why and how India and China will be the exceptions as the world faces a recession and loss in global income that will impact developing countries. Further, given the deteriorating global conditions, fiscal and foreign exchange constraints are bound to tighten further over the course of the year. ...Less

The total number of coronavirus cases mounted to 50,20,359, just 11 days after it crossed 40 lakh, while ...More

The total number of coronavirus cases mounted to 50,20,359, just 11 days after it crossed 40 lakh, while the death toll climbed to 82,066 with 1,290 people succumbing to the disease in 24 hours, according to Union Health Ministry data on Wednesday. ...Less

Updating its outlook, the Organisation for Economic Cooperation and Development (OECD) forecast the globa ...More

Updating its outlook, the Organisation for Economic Cooperation and Development (OECD) forecast the global economy would contract 6.0% this year before bouncing back with 5.2% growth in 2021 - providing the outbreak is kept under control. ...Less

The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply ch ...More

The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent coronavirus have taken the shine off the comeback. ...Less

Africa's biggest economy was last in recession in 2016, its first in a generation, and emerged the follow ...More

Africa's biggest economy was last in recession in 2016, its first in a generation, and emerged the following year. ...Less

The spike in cases is showing that our response to covid-19 should be about managing it to a handlable li ...More

The spike in cases is showing that our response to covid-19 should be about managing it to a handlable limit. ...Less

He described the contagious disease as a "huge problem" and said ignoring it was a "non-solution". "I wil ...More

He described the contagious disease as a "huge problem" and said ignoring it was a "non-solution". "I will keep repeating this. The coronavirus is a huge problem. Ignoring the problem is a non solution," Gandhi said in a tweet. ...Less

Singapore has downgraded its gross domestic product (GDP) forecast for 2020 to around 0.5 per cent, the m ...More

Singapore has downgraded its gross domestic product (GDP) forecast for 2020 to around 0.5 per cent, the mid-point of a new estimated range of (-)0.5 per cent to 1.5 per cent on Monday, citing impact of the ongoing coronavirus outbreak. ...Less

Reuters/Ipsos is polling likely voters in six states - Wisconsin, Pennsylvania, Michigan, North Carolina, ...More

Reuters/Ipsos is polling likely voters in six states - Wisconsin, Pennsylvania, Michigan, North Carolina, Florida and Arizona - that will play critical roles in deciding whether Trump wins a second term in office or if Biden ousts him. ...Less

The hike, which ranges from 27 per cent to 66 per cent depending on the petroleum product, was announced ...More

The hike, which ranges from 27 per cent to 66 per cent depending on the petroleum product, was announced Friday night.It drew nationwide condemnation from people on social media Saturday. The move comes two weeks after Islamabad said its GDP in the outgoing fiscal year ending on June 30 will shrink by 0.4 per cent, instead of an initially projected 2.4 per cent growth. ...Less

With India temporarily suspending visas to people from China and those who visited China due to coronavir ...More

With India temporarily suspending visas to people from China and those who visited China due to coronavirus outbreak, restrictions on travellers from several other affected countries, and fresh cases emerging in Europe and the US, leisure and business travel, both incoming and outgoing, has taken a hit. ...Less

The RBI's response comes in the wake of Indian benchmark indices falling over fears that the nascent reco ...More

The RBI's response comes in the wake of Indian benchmark indices falling over fears that the nascent recovery seen in the Indian economy could be hit by the coronavirus outbreak. Globally, the spread of coronavirus in US, Italy and Iran has resulted in investors moving away from equities and putting their bets on government bonds. ...Less

In light of the fourth quarter performance, the Bank of France said it was sticking with a previous estim ...More

In light of the fourth quarter performance, the Bank of France said it was sticking with a previous estimate that the euro zone's second-biggest economy shrank 9% over the course of last year. ...Less

In the onshore market, the yuan held steady at 7.0977 against the dollar. ...More

In the onshore market, the yuan held steady at 7.0977 against the dollar. ...Less

A fresh surge in bad debt could hit growth and delay India's recovery from the pandemic. ...More

A fresh surge in bad debt could hit growth and delay India's recovery from the pandemic. ...Less

The world's third-largest economy shrank 7.9 percent in the second quarter of this year from the previous ...More

The world's third-largest economy shrank 7.9 percent in the second quarter of this year from the previous quarter, more than the initial 7.8 percent in the preliminary data, the Cabinet Office said. ...Less

Trump made the comments on Saturday while responding to a question on the US economy, which has been batt ...More

Trump made the comments on Saturday while responding to a question on the US economy, which has been battered by the coronavirus pandemic. ...Less

The deadly outbreak has claimed lives of over 169,000 people and infected nearly 2,500,000 globally. The ...More

The deadly outbreak has claimed lives of over 169,000 people and infected nearly 2,500,000 globally. The WHO has declared it a pandemic. ...Less

As the world is undergoing the impact of Coronavirus, the IMF has revised its global GDP growth estimate. ...More

As the world is undergoing the impact of Coronavirus, the IMF has revised its global GDP growth estimate. ET Wealth studies how India is placed in this scenario. ...Less

Only few sectors are likely to see some disruptions but alternatives are being explored, the RBI governor ...More

Only few sectors are likely to see some disruptions but alternatives are being explored, the RBI governor said. ...Less

"It proved to be the right plan. The economy was able actually to deal with it (the coronavirus crisis), ...More

"It proved to be the right plan. The economy was able actually to deal with it (the coronavirus crisis), the government was able to deal with it in a very adequate way," Mohammed al-Jadaan said. ...Less

The blue-chip CSI300 index fell 0.4 per cent to 4,132.84. ...More

The blue-chip CSI300 index fell 0.4 per cent to 4,132.84. ...Less

The virus has brought large parts of the world's second largest economy to a standstill and its impact wa ...More

The virus has brought large parts of the world's second largest economy to a standstill and its impact was felt across industries. London-based IHS Markit said if the current confinement measures in China stay in place until the end of February, and are lifted in March, the resulting economic impact will be concentrated in the first half of 2020. ...Less

The UK's Indian-origin finance minister, who is at the forefront of the economic response to the coronavi ...More

The UK's Indian-origin finance minister, who is at the forefront of the economic response to the coronavirus pandemic and has spearheaded as wide range of measures to protect jobs, said that while the country was yet to fulfil the technical definition of a recession - two successive quarters of falling activity - it was only a matter of time. ...Less

The world is set for what could be the deepest recession since World War II. ...More

The world is set for what could be the deepest recession since World War II. ...Less

At 8 am today, the country had 1,783 casualties. As many as 15,267 people have been cured/discharged. Mah ...More

At 8 am today, the country had 1,783 casualties. As many as 15,267 people have been cured/discharged. Maharashtra continued to be most affected state with 16,758 cases, followed by Gujarat (6,625) and Delhi (5,532). ...Less

The global economy will grow 4.2% next year and ease to 3.7% in 2022, after shrinking 4.2% this year, the ...More

The global economy will grow 4.2% next year and ease to 3.7% in 2022, after shrinking 4.2% this year, the Organisation for Economic Cooperation and Development said in its latest Economic Outlook. ...Less

While the new restrictions are so far not as drastic as the near-total shutdown of public life imposed in ...More

While the new restrictions are so far not as drastic as the near-total shutdown of public life imposed in the spring, they are kicking an economy that's down. For many Europeans, there is a foreboding sense of deja vu. ...Less

...More

...Less

A report by the UN Conference on Trade and Development has forecast that the global economy may see an im ...More

A report by the UN Conference on Trade and Development has forecast that the global economy may see an impact of $1-2 trillion in 2020. How far will the virus impact the Indian economy. Here's a brief overview. ...Less

According to the Reuters poll of economists taken March 25-26, India's economy will expand just 4.0% annu ...More

According to the Reuters poll of economists taken March 25-26, India's economy will expand just 4.0% annually on a year ago in the quarter that ends on March 31, the weakest since comparable records began in early 2012. India's informal sector, the backbone of the economy, will be hardest hit as economic activity comes to a standstill. ...Less

Daily new infections in the United States surpassed 163,000 on Thursday, crossing the 100,000 mark for a ...More

Daily new infections in the United States surpassed 163,000 on Thursday, crossing the 100,000 mark for a ninth consecutive day, and the death toll rose by 1,173 to a total of 242,982. Hospitals in some states are reaching capacity. ...Less

France saw its sharpest economic contraction since World War II in the first quarter as a lockdown from m ...More

France saw its sharpest economic contraction since World War II in the first quarter as a lockdown from mid-March left shops shuttered and consumers hunkered down at home. ...Less

The IHS Markit/CIPS Flash UK Composite Purchasing Managers' Index (PMI) fell to a new record low of 12.9 ...More

The IHS Markit/CIPS Flash UK Composite Purchasing Managers' Index (PMI) fell to a new record low of 12.9 from 36.0 in March - not even close to the weakest forecast in a Reuters poll of economists that had pointed to a reading of 31.4. ...Less

On Wednesday, the Wall Street brokerage Bank of America Securities had projected global growth at 2.2 per ...More

On Wednesday, the Wall Street brokerage Bank of America Securities had projected global growth at 2.2 per cent, which was lowered to only 40 basis points (bps) on Thursday, shaving down 180 bps and on Friday, it said the global economy is in recession. ...Less

Finance Minister Nirmala Sitharman on Wednesday said the government is keeping a close watch on the impac ...More

Finance Minister Nirmala Sitharman on Wednesday said the government is keeping a close watch on the impact of the coronavirus outbreak on the Indian economy. ...Less

Congress is planning to seek detailed discussions on the ongoing tension with China, Covid-19 spread, eco ...More

Congress is planning to seek detailed discussions on the ongoing tension with China, Covid-19 spread, economic crisis and increasing unemployment in the upcoming Parliament session. ...Less

Fed Chairman Jerome Powell on Friday opened the door to a rate cut, citing the “evolving risks” posed to ...More

Fed Chairman Jerome Powell on Friday opened the door to a rate cut, citing the “evolving risks” posed to the U.S. economy from the virus. ...Less

India is going to pay an extremely heavy price owing to the government's inability to act decisively, he ...More

India is going to pay an extremely heavy price owing to the government's inability to act decisively, he tweeted. Earlier on March 13, Rahul Gandhi had said that the coronavirus pandemic may destroy Indian economy. ...Less

"In line with many other economies around the world, coronavirus is having a severe impact on our economy ...More

"In line with many other economies around the world, coronavirus is having a severe impact on our economy," finance minister Rishi Sunak said. Government measures including a scheme to pay workers who are only temporarily laid off, alongside grants, loans and tax cuts for companies meant Britain, had "the best chance of recovering quickly as the economy reopens," he said. ...Less

Amid the coronavirus pandemic, the service alterations in domestic flights' premium economy class and eco ...More

Amid the coronavirus pandemic, the service alterations in domestic flights' premium economy class and economy class include reduction in meal choices and withdrawal of services like onboard sales, welcome drink, hot meals and hot beverages. ...Less

Rahul said it was just the beginning of a "tsunami" and things would be worse going forward as "millions ...More

Rahul said it was just the beginning of a "tsunami" and things would be worse going forward as "millions and millions of people in India" are going to suffer like never before. "I have been saying that coronavirus is a very serious problem and the government has not taken action on it the way it should have," Gandhi said. ...Less

Estimates published by United Nations Conference on Trade and Development (UNCTAD) Wednesday said that th ...More

Estimates published by United Nations Conference on Trade and Development (UNCTAD) Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains. ...Less

On the back of declining new coronavirus cases, gradual unlocking in various parts of the country, and ca ...More

On the back of declining new coronavirus cases, gradual unlocking in various parts of the country, and calibrated economic reforms announced by the government, the economic recovery has resumed once again in the country, Phdcci President Sanjay Aggarwal said. ...Less

President Trump has named six Indian-American corporate leaders, including Sunder Pichai from Google and ...More

President Trump has named six Indian-American corporate leaders, including Sunder Pichai from Google and Satya Nadella from Microsoft, to his Great American Economic Revival Industry Groups formed to revive the US economy ravaged by the coronavirus pandemic. ...Less

The virus “creates some uncertainty, especially in China,” Subramanian said, adding that it’s difficult t ...More

The virus “creates some uncertainty, especially in China,” Subramanian said, adding that it’s difficult to quantify the impact of the epidemic. ...Less

"On the back of declining new coronavirus cases, continued unlocking in various parts of the country and ...More

"On the back of declining new coronavirus cases, continued unlocking in various parts of the country and calibrated economic reforms announced by the government, the economy is recovering at a fast pace from the recent lows of April and May 2021," PHDCCI President Sanjay Aggarwal said. ...Less

Sinha, who has been quite vocal about the Modi government's policies in the last couple of years, noted t ...More

Sinha, who has been quite vocal about the Modi government's policies in the last couple of years, noted that the Indian economy has been on a downward trend for 7-8 quarters now, and the decline started long before the coronavirus outbreak. ...Less

Companies claim that senior officials are already working from home and so can't travel to meet the taxma ...More

Companies claim that senior officials are already working from home and so can't travel to meet the taxman. ...Less

Finance Ministry is mulling extending loan tenors and relaxing bad-debt norms for small cos, sources say. ...More

Finance Ministry is mulling extending loan tenors and relaxing bad-debt norms for small cos, sources say. ...Less

India's growth outlook remains highly vulnerable to either a prolonged outbreak or a resurgence of cases, ...More

India's growth outlook remains highly vulnerable to either a prolonged outbreak or a resurgence of cases, with the country now having one of the highest number of Covid-19 cases globally. India had recorded over 4.9 million cases as of September 13, just behind the US which has over 6.5 million cases. ...Less

The pickup in India’s growth last quarter from 4.5% in the previous three months probably came from a reb ...More

The pickup in India’s growth last quarter from 4.5% in the previous three months probably came from a rebound in farm output, an improving services industry and rising government spending. But the recovery remains uneven, with a slew of high-frequency indicators showing consumption -- which accounts for 60% of gross domestic product -- is still weak. ...Less

As cases spread, only some of the indicators investors use to monitor recession signals are flashing red. ...More

As cases spread, only some of the indicators investors use to monitor recession signals are flashing red. ...Less

The pandemic has arrived at a time when the Indian economy was already experiencing a growth slowdown, as ...More

The pandemic has arrived at a time when the Indian economy was already experiencing a growth slowdown, as reflected in lower discretionary spending over the last 12 months, Singhania said in his address to shareholders in the company's annual report for 2019-20. ...Less

A measure of output at manufacturers and service providers advanced to a fresh record in May, underscorin ...More

A measure of output at manufacturers and service providers advanced to a fresh record in May, underscoring solid demand that’s contributing to added inflationary pressures. ...Less

The indexes regained some lost ground as real estate and industrial stocks lent support. ...More

The indexes regained some lost ground as real estate and industrial stocks lent support. ...Less

Biden leads Trump by 10 percentage points in Wisconsin and Michigan, and the presidential nominee is ahea ...More

Biden leads Trump by 10 percentage points in Wisconsin and Michigan, and the presidential nominee is ahead by seven points in Pennsylvania. ...Less

The world economy, already "sluggish", is now bound to suffer a "severe recession" in 2020, IMF said. ...More

The world economy, already "sluggish", is now bound to suffer a "severe recession" in 2020, IMF said. ...Less

US equities climbed as investors digested the latest views from the Fed chair. ...More

US equities climbed as investors digested the latest views from the Fed chair. ...Less

India is facing an unprecedented economic crisis, where some of the safe and traditional jobs are under t ...More

India is facing an unprecedented economic crisis, where some of the safe and traditional jobs are under the threat of being axed even as India breached the 2 lakh mark, with the highest spike of nearly 9000 cases in a day. Tough times ahead. ...Less

Late on Monday, the university's Institute for Health Metrics and Evaluation (IHME) model raised its proj ...More

Late on Monday, the university's Institute for Health Metrics and Evaluation (IHME) model raised its projected U.S. death toll to 74,073 by Aug. 4, up from nearly 67,000 predicted a week ago, and 60,000 predicted two weeks ago. ...Less

Fitch downgraded the country by one notch to 'AA-' - the same level as its rating for Belgium and the Cze ...More

Fitch downgraded the country by one notch to 'AA-' - the same level as its rating for Belgium and the Czech Republic - from 'AA' and said a further cut could follow as it kept the rating on negative outlook. ...Less

In an apparent dig at PM Narendra Modi, Congress leader Rahul Gandhi tweeted in Hindi, "No control over c ...More

In an apparent dig at PM Narendra Modi, Congress leader Rahul Gandhi tweeted in Hindi, "No control over coronavirus, not enough vaccines, no employment, labourers and farmers not being given a hearing, no protection for MSMEs, nor the middle class is satisfied...It was okay to eat 'aam' (mango), but should have at least spared 'aam aadmi (common person)'!" ...Less