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Reuters
November 26, 2020
The world's sixth-biggest economy is now set to shrink by 11.3% in 2020 - the most since \"The Great Frost\" of 1709 - before recovering by less than half of that in 2021, Sunak told parliament as he announced a one-year spending plan


BusinessToday.In
November 26, 2020
India Stock Market Highlights Today: Bajaj Auto, M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards


Shailendra Shukla
New Delhi, November 24, 2020
SpiceJet founders venture into COVID-19 testing SpiceHealth, a healthcare company founded by the promoters of low-cost carrier SpiceJet, announced on November 23 that it would conduct Real-Time Polymerase Chain Reaction (RT-PCR) tests, touted as the most decisive and crucial test for COVID-19, starting at Rs 499. The company also claimed that the test report will be generated in a record time of 6 hours after sample collection, in stark contrast to the current 24 to 48 hours it takes at mos...


Associated Press
November 24, 2020
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department in a line stretching back to Alexander Hamilton in 1789


BusinessToday.In
November 23, 2020
India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, says FM Nirmala Sitharaman


Reuters
November 22, 2020
The twin crises of the pandemic and an uneven, uncertain global recovery dominated the first day of a two-day summit under the chairmanship of Saudi Arabia, which hands off the rotating presidency of the G20 to Italy next month


BusinessToday.In
November 21, 2020
The RBI Internal Working Group (IWG), constituted to review corporate structure for Indian private sector banks, has also suggested the conversion of big non-banking finance companies (NBFCs) into banks


BusinessToday.In
November 20, 2020
India Stock Highlights Updates Today: Bajaj Finserv followed by Tata Steel, Titan, Bajaj Finance, HDFC twins and Kotak Bank were among the top gainers on Sensex pack. On the other hand, ICICI Bank, ONGC, Axis Bank, SBI and IndusInd Bank were among the laggards


Anand Adhikari
November 19, 2020
There is some hope with the new merger partner DBS Bank. But the bad loan story is not over yet as many fear the skeletons would tumble out of the closets in the months to come


Prasanna Mohanty
November 19, 2020
While India is firmly focused on AatmaNirbhar Bharat for a V-shaped recovery, its key fiscal numbers show the economy is slipping with falling capital expenditure, muted consumption and higher precautionary savings


Reuters
November 19, 2020
The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, frayed U.S. leadership in global aviation and cost Boeing some $20 billion


Prasanna Mohanty
November 17, 2020
As India marches from one economic disaster to another, policy and planning appear to be victims of whims and fancies as and when they strike


Prasanna Mohanty
November 14, 2020
This is a nebulous idea designed to mean anything and everything under the sun without the burden of economic logic, facts and evidence


Reuters
November 12, 2020
Sources familiar with Georgieva's goals say Biden's commitment to multilateral institutions and his pledge to re-enter the Paris climate agreement should help the IMF advance its own targets


Reuters
November 12, 2020
Many market players hedged early, Swiss Re Chief Executive Christian Mumenthaler said, figuring the COVID-19 respiratory disease would spread around the world after first being identified in Wuhan, China, late last year


BusinessToday.In
November 12, 2020
Moody's says the scope for additional rate cuts is limited in most emerging market countries, including India, Brazil, Mexico, and Indonesia


BusinessToday.In
November 12, 2020
India Stock Market News Updates Today: SBI, IndusInd Bank and Kotak Bank were among the top Sensex losers today. On the other hand, HUL, ITC and L&T shares ended in green


Prasanna Mohanty
November 11, 2020
Multiple factors are responsible for this; some are well-known, like data fudging and man-made disasters of demonetisation, GST, and stringent lockdown; others are lost sight of, like lack of institutional support and intellectual rigour and frivolous approach to serious crisis


BusinessToday.In
November 10, 2020
India Stock Market Highlights Today: ICICI Bank followed by ONGC, HDFC, L&T, SBI, HDFC Bank, IndusInd Bank and Bajaj Finance were among the top gainers on Sensex today. On the other hand, Tech Mahindra, Infosys, HCL Tech, TCS, Nestle India and Maruti were in the red


Reuters
November 9, 2020
Remdesivir was developed by US drugmaker Gilead Sciences, which cut its 2020 revenue forecast last month, citing lower-than-expected demand and difficulty in predicting sales of treatment


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