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Finance Minister Nirmala Sitharaman assured that prices will not increase in the short term due to disrupted supply from China in the face of the coronavirus epidemic. Addressing the media after talking to industry representatives, the Finance Minister said that the government will soon announce measures to address the impact of coronavirus outbreak on India Inc.\"There are no concerns about price rise so far due to Coronavirus,\" Sitharaman said. Watch the video for more.Also read: FM Sitharaman quells fears of coronavirus impact on Indian economy Also watch: Coronavirus: Will China be able to re-open factories amid the outbreak?  

Companies have partially resumed operations in some of their facilities in China, whereas many factories still remain closed as the coronavirus epidemic continues to claim lives

FM Nirmala Sitharaman said the government will soon announce measures to deal with the impact of Coronavirus outbreak on the domestic industry

Companies around the world are pressurising China to re-open its factories and plants. If that does not happen, major technology players and automobile brands will not be able to manufacture their goods. But China is struggling to contain the virus that has already claimed around 1800 lives. There are not enough masks to keep all factory workers safe, employees are reluctant to get back to work and logistics has become a major concern. Watch the video for more.Also watch: Coronavirus: Indian traders begin to bear the bruntWatch more: Coronavirus update: Horrors of life in Wuhan  

Sitharaman said she would hold a meeting with the secretaries of concerned ministries on Wednesday to chalk out steps to deal with the situation in consultation with Prime Minister's Office

The Chinese government said death toll from coronavirus outbreak in mainland China rose to 1,868, as of February 17, up by 98 from the previous day.

Apple's revenue from China stood at $13.17 billion during December quarter, a decline of nearly $5 billion from $17.96 billion in a year ago period

Reliance Industries has announced a consolidation of its media and distribution businesses into a single entity, Network18. Under the Scheme of Arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will be merged into Network18 Media & Investments; The government seems to have estimated the valuation of Life Insurance Corporation (LIC) at around Rs 13-15 lakh crore. Chief Economic Adviser KV Subramanian,  indicated that the government may easily mobilise Rs 90,000 crore by divesting 6-7 per cent stake in the state-owned insurance giant; Prices of paracetamol that is commonly used as an analgesic have gone up by 40 per cent due to the coronavirus outbreak in China. This and more news on News Blast.Also read: Vodafone Idea's lawyer warns 10,000 will be jobless if AGR dues kill companyRead more: UP Budget 2020: Rs 2,000 crore for Ganga Expressway, Rs 200 crore for Ayodhya airport  

The investment would also include the company's foray into electric vehicles, an area where it is seen as a laggard. Arch rivals Bajaj Auto and TVS recently launched their first electric two wheelers in the market earlier this year

India emerges as world's 5th largest economy, overtakes UK and France, says reportIndia emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report. A US-based think tank World Population Review in its report said that India is developing into an open-market economy. The report further said that in purchasing power parity (PPP) terms, India's GDP (PPP) is USD 10.51 trillion, exceeding that of Japan and Germany. Coronavirus: Paracetamol pri...

Coronavirus outbreak latest: The pharma sector in India could possibly be faced with shortages in finished drug formulations from April in case the supply chains are not restored by the first week of March.

The Redmi 8A Dual will be available to buy starting 12-noon today.

Share Market Update : Extending losses for the third consecutive session, BSE 30-share S&P Sensex closed 161 points lower at 40,894 and NSE 50-share index Nifty50 ended 53 points lower at 11,992

The Redmi Note 8 Pro has got its first price cut since the launch. With new phones launching in its price category, is the Redmi Note 8 Pro still worth buying in early 2020?

Chinese economy has seen a sudden shock with the outbreak of coronavirus in one of the country's top industrial hubs Wuhan. Many challenges lie ahead for the Asian giant as it continues to fight the epidemic. This BusinessToday.In infographic looks into the ongoing economic crisis in China due to coronavirus and its global impact

The central government has constituted a Task Force on active pharmaceutical ingredients (APIs) to formulate a road map for the enhanced production of generic drugs in India

Catch top stories from the world of business and economy with BusinessToday.In's end of day report

In an interview with Business Today, Narasimhan said expanding our knowledge base about such disease outbreak is important in order to take effective actions to address them

Coronavirus in China: Hubei in China is a major supplier of the raw material- API used in several medical formulations. In order to decide a course of action, the government is likely to consult an 8-member panel