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PTI
March 31, 2020
With two-thirds of the world's population living in developing countries facing unprecedented economic damage from the COVID-19 crisis, the UN is calling for a $2.5 trillion rescue package for these nations


Joe C Mathew
March 31, 2020
They also said global shock needs global response and no country has fiscal capacity to stand alone


BusinessToday.In
New Delhi, March 31, 2020
India records biggest single-day spike as cases cross 1,300; 32 deadIndia reported the biggest single-day spike in new COVID-19 cases at 200 as the total tally of confirmed novel coronavirus cases crossed 1,300. Meanwhile, the death toll due to the deadly virus has jumped to 38. This was after six people from Telangana who attended a religious gathering at Nizamuddin in Delhi died due to COVID-19. Coronavirus: US reports 540 deaths in one day; highest so farThe U.S. death toll fro...


BusinessToday.In
March 31, 2020
 Sensex, Nifty Live News Today: Sensex ended 1,028 points higher at 29,468 and Nifty closed 316 points to trade at 8,597


Rupa Burman Roy
March 30, 2020
Overall, 24 of 30 stocks on Sensex and 38 of 50 stocks on Nifty ended in the red. Barring FMCG and Pharma sector, all other indices closed in the red, with financials and realty ending 7% lower.


Nevin John
New Delhi, March 30, 2020
Reports say that the global investors including Brookfield, Omers, Mubadala and ADIA are in early stage discussions with Tata Power to invest around $500-600 million in its renewable energy InvIT


Chitranjan Kumar
New Delhi, March 30, 2020
India Ratings has also lowered GDP forecast for current fiscal to 4.7% from the National Statistical Office's advance estimate of 5%


BusinessToday.In
March 30, 2020
Sensex, Nifty Live News Today: BSE 30-share barometer Sensex ended 1,375 points lower at 28,440 and NSE 50-share index Nifty fell 379 points to close at 8,281.


Associated Press
New Delhi, March 29, 2020
German state governor said Schaefer was worried about \"whether it would be possible to succeed in fulfilling the population's huge expectations, particularly of financial help\"


PTI
March 29, 2020
Anil Agarwal replaces his brother Navin, who will now be the Executive Vice Chairman of the Board


PTI
March 29, 2020
Union Bank CEO Rajkiran Rai G said harmonisation of human resources has been completed and the board has approved all the products, processes and policies for the amalgamated entity


Shruti Rajan
March 29, 2020
As corporate India tries to find its feet within the new normal that is emerging, it is clear that our securities markets will continue to battle old problems, now clothed in new garb


PTI
March 28, 2020
IMF chief said 81 emergency financing requests, including 50 from lower-income countries, have been received


BusinessToday.In
New Delhi, March 27, 2020
In a bid to maintain stability in the financial system in the wake of coronavirus pandemic, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Rs 3.74 lakh crore liquidity will be injected into system through various measures. As part of liquidity infusion measures, the central bank announced a massive 75 basis points cut in repo rates to revive economic growth which has been hit hard by the COVID-19 outbreak. Watch the video for more.Also Read: How RBI's Rs 3.74 lakh crore stimulus will impact financial markets


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


Niti Kiran
March 27, 2020
A CRR reduction or revision was never coupled with repo or reverse repo rate revision since the central bank was nationalised in 1949


Prasanna Mohanty
March 27, 2020
To an economy passing through demand depression and high unemployment, the lockdown would add supply-side stress, accelerating the slowdown further and jeopardising the economic wellbeing of millions


Aprajita Sharma
March 27, 2020
The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss


BusinessToday.In
New Delhi, March 27, 2020
SBI Chairman Rajnish Kumar said that the bazooka of conventional cash reserve ratio (CRR) cut by 100 bps and unconventional liquidity measure of incentivising banks will lift the spirit of financial market


Anand Adhikari
March 27, 2020
RBI's list of announcements included a repo rate cut of 75 basis points, Rs 3.74 lakh crore liquidity boost, and deferment of loan instalments for 3 months, among other things


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