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Indian manufacturers of masks and gloves are very upset that no import duty will be levied on these items. (AFP Photo)

Indian manufacturers upset over zero duty on imported masks and gloves

There will be zero import duty on gloves from Malaysia while Indian gloves will attract 11 per cent GST

14 April 2020 9:29 AM IST

Retail inflation growth eases to 5.91% in March. (PTI Photo)

Retail inflation growth drops to a four-month low in March

Annual retail inflation eased to 5.91% in March, down from 6.58% the previous month

14 April 2020 9:08 AM IST

The worlds biggest lockdown may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period. (PTI Photo)

Covid19 lockdown may cost Rs 7-8 lakh cr to Indian economy

The rapid spread of COVID-19 has not only disrupted the global economy but also triggered a partial shutdown in many...

13 April 2020 6:16 PM IST

Pakistan Prime Minister Imran Khan. (PTI Photo)

IMF to consider $1.4 billion loan to Pak to tackle covid19 economic...

Pakistan in March had requested the IMF for a low-cost, fast-disbursing loan under the fund's Rapid Financing Instrument

13 April 2020 1:32 PM IST

Peoples Bank of China (PBOC) has bought 1.01 per cent stake in the Housing Development Finance Corporation. (ANI Photo)

People's Bank of China increases stake in HDFC

The disclosure has been made now since the stake has hit the 1 per cent regulatory threshold

13 April 2020 10:31 AM IST

Top oil producers agree historic cuts due to coronavirus crisis. (AFP Photo)

OPEC, Russia approve biggest ever oil cut amid coronavirus

In the compromise reached they agreed to a cut of 9.7 million barrels per day from May

13 April 2020 8:59 AM IST

(File) OPEC Conference President Saudi Arabias Energy Minister Khaled al-Falih (2ndR), OPEC Secretary General Mohammed Barkindo (R) and Angolas Governor for OPEC and Chairman of the Board of Governors Estevao Pedro (2nd L) the 173rd OPEC Conference of Organization of the Petroleum Exporting Countries (OPEC) in Vienna. (AFP Photo))

OPEC, Russia agree to oil output cuts; Mexico rejects global plan

The planned output curbs by OPEC+ amount to 8 million barrels per day

10 April 2020 9:09 AM IST

Centre has approved the COVID-19 Emergency Response and Health System Preparedness package aimed at boosting national and state health systems. (AFP Photo)

Centre approves covid19 emergency package for states, UTs

The activities to be undertaken include disinfection of hospitals, government offices, public utilities and ambulances

9 April 2020 1:51 PM IST

An Indian worker preparing firecrackers at a workshop on the outskirts of Ahmedabad. (AFP PHOTO)

400 million Indian workers may sink into poverty due to covid19: UN

In India, with a share of almost 90 per cent of people working in the informal economy, are at risk of falling deeper...

8 April 2020 12:18 PM IST

Representative Image. (PTI Photo)

RBI unveils Rs 50,000 cr credit line for mutual funds

RBI also stressed it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of...

27 April 2020 11:24 AM IST

Representative Image. (PTI Photo)

Indian government brushes off proposal to impose coronavirus tax on...

Some 50 officers of Indian Revenue Service recommended raising highest tax rate to 40% for people with annual income...

27 April 2020 8:26 AM IST

Indian refineries scale back output as virus chokes demand.(AP/PTI Photo)

India's crude crash as coronavirus chokes fuel demand

Indian state retailers sold 50% less refined fuel in the first two weeks of April

23 April 2020 11:46 AM IST