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Business

Business / International / News Update

IMF chief warns of recession worse than 2008 global financial crisis

April 4, 2020 - by IANS

Geneva, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned of a recession worse than the global financial crisis back in 2008. “We’re now in recession, it is way …

IMF chief warns of recession worse than 2008 global financial crisis Read More
Equity indices rise ahead of monetary policy announcement
Business / News Update

Equity market falls, Sensex drops below 28,000 mark

April 3, 2020 - by IANS

Mumbai: Indian stock market fell over 1 per cent on Friday morning, with the BSE Sensex trading below the psychological level of 28,000. The decline was in tandem with the Asian …

Equity market falls, Sensex drops below 28,000 mark Read More
Business / News Update

Facebook announces $40mn to help small businesses in US

April 3, 2020 - by IANS

San Francisco: Facebook has announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time. The grants will go to small businesses …

Facebook announces $40mn to help small businesses in US Read More
US dollar slips as risk appetite improves
Business / International / Special

US dollar climbs amid recession fears

April 3, 2020 - by IANS

New York, The US dollar gained in late trading on Thursday as worries of a possible coronavirus-fuelled global recession boosted the demand for the currency. The dollar index, which measures …

US dollar climbs amid recession fears Read More
Business / National / News Update

Swiggy launches new initiative to feed the needy

April 2, 2020 - by IANS

New Delhi: Food delivery platform Swiggy on Thursday said it has partnered with various commercial kitchens, NGOs and state governments to provide daily meals to thousands of underprivileged, daily wagers and …

Swiggy launches new initiative to feed the needy Read More
Business / Special

Global economy could shrink by 1% due to COVID-19 pandemic’

April 2, 2020 - by IANS

United Nations,  The global economy could shrink by 1 per cent in 2020 due to the coronavirus pandemic, and might contract even further if restrictions on economic activities were extended …

Global economy could shrink by 1% due to COVID-19 pandemic’ Read More
Business / National / News Update / Science & Tech

Facebook, Instagram, WhatsApp back to normal after outage

April 2, 2020 - by IANS

New Delhi, Facebook, Instagram and WhatsApp went down for millions of users in North and South America and Europe on Thursday morning. According to outage tracking website Downdetector, people across …

Facebook, Instagram, WhatsApp back to normal after outage Read More
India's forex reserves decline by over $3 billion
Business / News Update

Market starts FY21 on bearish note, Sensex down 1,200 points

April 1, 2020 - by IANS

Mumbai: The Indian stock market started the financial year 2020-21 on a sluggish note amid the coronavirus crisis as the BSE Sensex plummeted 1,200 points on Wednesday. The Sensex settled well …

Market starts FY21 on bearish note, Sensex down 1,200 points Read More
Puzzled by CEA celebrating current account surplus: Chidambaram
Business / News Update

‘Wrong time to reduce interest rates on small savings’

April 1, 2020 - by IANS

New Delhi:  Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates om small savings and PPF and said it may be “technically correct but …

‘Wrong time to reduce interest rates on small savings’ Read More
Goldman Sachs expects Nifty to reach 14,100 by end 2021
Business / News Update

Global cues, oil stocks push markets higher, Sensex gains

March 31, 2020 - by IANS

Mumbai: Positive global cues pushed the key Indian equity indices higher on the last day of the financial year 2019-20. The two key Indian equity markets indices — S&P BSE Sensex …

Global cues, oil stocks push markets higher, Sensex gains Read More

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