Virgin Australia, the second-largest Australian carrier, announced bankruptcy on April 21 in wake of coronavirus pandemic; InterGlobe Enterprises has signed agreement to participate in sale process and is bound by confidentiality requirements, says company

The Activa registered a steeper near 14 per cent decline in sales in 2019-20 at 25,91,059 units; Splendor witnessed a 12.4 per cent decline at 26,32,800 units

While the manufacturing output fell 20.6 per cent, electricity output shrank 6.8 per cent, the government data released Tuesday showed

In a Covid-stricken world, as government spending shifts to healthcare, infrastructure should not get the short shrift. That could severely impact the economy

Stocks to watch today on May 11: RIL, HDFC AMC, ICICI Bank, Adani Transmission, Cipla, Lupin, Shree Cement, SBI Cards among others are the top stocks to watch out for in Monday's trading session

Lack of emergency funds will force you to either go for distress selling of your investments or high-cost borrowing, which will jeopardise all your future goals. One should ideally have an emergency fund which can take care of at least 6 months of expenses

Nominal GDP will be around Rs 215 lakh crore instead of the budgeted Rs 225 lakh crore. Fiscal deficit will be 5.5-5.7 per cent against the budgeted target of 3.5 per cent

Amid the ongoing lockdown, people are spending more on cash-based services such as payments to nearby kirana stores, said Sameer Narang, Chief Economist, Bank of Baroda

The rating actions take into account continued funding challenges, as witnessed by reduced fundraising by Edelweiss Group, and increase in stress in wholesale portfolio

Stocks to watch today on April 30: Reliance Industries, Tech Mahindra, Hindustan Unilever, Indian Bank, Indiabulls Housing among others are the top stocks to watch out for in Thursday's trading session

To calm investors' nerves and ease liquidity pressures on mutual funds (MFs), the RBI has announced a special liquidity facility for MFs of Rs 50,000 crores via the banking industry, four days after that unpleasant incident took place

Coronavirus update: Sajjan Jindal said that the virus will remain a threat, even if controlled, until a vaccine is found. He said that India should focus on the economy

Staring at record losses, the travel and tourism sector is preparing a plan to take on coronavirus

\"We are expecting GDP growth to be 1.1-1.2 per cent in FY21 with a downward bias,\" CARE Ratings said in a note

Sensex, Nifty Live News Today: Traders said overseas markets were under pressure today after the first full trial of potential Corona virus vaccine of antiviral medication Remdesivir failed to show any effects.

Maharashtra alone has reported more than 6,400 cases and at least 283 deaths, while Gujarat has seen over 2,600 confirmed infections with over 100 deaths and Delhi has more than 2,300 cases with 50 deaths

Sensex, Nifty Live News Today: In terms of sector, barring FMCG and PSU Pharma, all the other sectors closed in the green. IT gained 4%, while banking and financials ended 2-3% higher.

Corona in India update: Samshi Talab in Mehrauli including A-3 Lake view apartment, Gali number 1 band of Raj Nagar 2 in Dwarka, and house number 15 to 101 in Dayanand Vihar are the latest additions to the list of hotspots in Delhi; Maharashtra now has 6,427 COVID-19 cases

Air Mauritius board says company will not be able to meet financial obligations in foreseeable future; becomes second airline to file for bankruptcy after Virgin Australia, which appointed administrator on April 21

Airfares are also expected to increase as aircrafts may accommodate only one passenger per row in order to maintain social distancing, the note stated