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Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington. (Photo- AP)

US Senate, White House agree on $2 trillion coronavirus rescue plan

Top White House aide Eric Ueland announced the agreement in a Capitol hallway

25 March 2020 11:39 AM IST

Representational mage (PTI)

Coronavirus recession could be worse than 2009, warns IMF

Mulls SDR allocation to provide liquidity to global economy

24 March 2020 11:08 PM IST

Representative Image (AFP)

Fed ramps up help to US economy on life support

The Federal Reserve warned of "severe disruptions" from the virus as it rolled out another series of measures to pump...

24 March 2020 11:34 AM IST

Reserve Bank of India. (Image- PTI)

RBI prepones second tranche of g-sec buying to March 26

RBI has decided to advance second tranche of purchase of government securities under open market operations for Rs...

23 March 2020 4:25 PM IST

Rahul Gandhi says the coronavirus impact has been severe on daily-wage workers and small enterprises.

Rahul Gandhi argues for big financial package to rescue Indian economy

What we need is cash relief and tax sops, not beating of thalis, says Congress leader

21 March 2020 4:48 PM IST

Fitch cuts India growth forecast to 5.1% for FY21 amid coronavirus outbreak (Image- PTI)

Covid 19 impact: Fitch cuts India growth forecast to 5.1% for FY21

Fitch had in December 2019 projected India's growth at 5.6 per cent for 2020-21 and 6.5 per cent in the following year

20 March 2020 12:34 PM IST

Representative Image (PTI)

Disruption in India's BPO would impact FDI: US business advocacy group

The annual revenue of India's BPO industry is said to over USD 10 billion and gives employment to hundreds and thousands...

20 March 2020 12:27 PM IST

Representative Image (ANI)

IndusInd Bank says it is financially strong, amid speculation on...

The bank said it maintains liquidity well above 100 per cent going up to 120 per cent on a daily basis

18 March 2020 3:18 PM IST

Yes bank. (Image- ANI)

Yes Bank moratorium ends today, to resume banking services

On march 5, RBI imposed a moratorium on Yes bank, restricting withdrawals to Rs 50,000 per depositor till April 3

18 March 2020 3:10 PM IST

Representative Image ( PTI)

RBI to offer USD 2 billion worth American dollars to soothe forex...

Decided to undertake six-month US Dollar sell/buy swaps to provide liquidity to the foreign exchange market: central...

12 March 2020 6:01 PM IST

People walk across an unusually empty medieval Charles Bridge in Prague, Czech Republic. AP photo

Coronavirus repercussions on global economy profound

China's totals of 80,793 cases and 3,169 deaths are a shrinking portion of the world's more than 1,26,000 infections and...

12 March 2020 11:22 AM IST

Inflation eased to 6.80%, significantly lower than Januarys 7.59%, according to the March 4-6 poll of more than 40 economists (PTI)

India's retail inflation remains above RBI target band

Poll finds out that inflation likely fell to a three-month low in February

9 March 2020 2:42 PM IST