News

In policy shift, U.S. offers to lift Venezuela sanctions for power-sharing deal

Reuters Business News - 6 hours 25 min ago
The Trump administration on Tuesday offered to begin lifting Venezuela sanctions if the opposition and members of President Nicolas Maduro's Socialist Party form an interim government without him, marking a shift in a U.S. policy that has failed to end his grip on power.
Categories: Business News

Dutch scientists found coronavirus in sewage before outbreak: Report

Business Standard - 6 hours 25 min ago
The scientists detected genetic material from the coronavirus at a wastewater treatment plant in Amersfoort on March 5
Categories: Business News

Contagion quandary: To globalise less or more

Business Standard - 6 hours 33 min ago
Popular narrative blames it all on globalisation, and the clamour for reducing global interconnectedness is getting louder
Categories: Business News

Coronavirus cases: India's trajectory trends far lower than the others

Business Standard - 6 hours 42 min ago
The seven-day moving average of the growth in the number of cases was at 22.07 per cent when the announcement was made. It had since slowed to under 18 per cent.
Categories: Business News

Can we stop the clock?

Business Standard - 6 hours 44 min ago
To minimise economic damage during the lockdown, focus on cash flows, promise of growth
Categories: Business News

Protecting power

Business Standard - 6 hours 51 min ago
The sector requires special attention
Categories: Business News

Data centre providers get viral boost as more people work from home

Business Standard - 6 hours 54 min ago
Data centres have been in the limelight over the past two years, since the intensifying of conversation around locally storing data of Indian users
Categories: Business News

Economists are losing hope of V-shaped recovery from corona

ET News - 6 hours 58 min ago
Consumer caution is already evident in China, even though authorities say it’s safe to go out.
Categories: Business News

Sebi fines YES's two promoter entities Rs 1 crore

ET News - 6 hours 58 min ago
The promoter entities that have been penalised are Yes Capital (India) and Morgan Credits.
Categories: Business News

BofA pegs FY21 CAD at 0% on crude oil plunge

ET News - 6 hours 58 min ago
BofA said RBI raising the ceiling for FPI investment in government bonds can help raise forex cover.
Categories: Business News

FSSAI declares import clearance of food items, testing at notified labs as essential services

ET News - 6 hours 58 min ago
All personnel who are assigned the charge of these essential services are required to be available in office on all working days from Monday to Friday between 9:30 AM to 6:00 PM in order to facilitate the trade as well as ensure smoother operation of related services across the country.
Categories: Business News

COVID-19 impact: Near-term cash flow stress expected in construction sector, says Icra

ET News - 6 hours 58 min ago
Recent developments witnessed labourers migrating to their home towns, thus impacting construction activities. Disruption in the second-half of March 2020 will result in modest revenue growth/de-growth in Q4-FY2020, it said, adding the major impact is expected in Q1-FY2021 with construction activities stalled during the first half of April-2020.
Categories: Business News

Animal by-products export norms to EU tightened

ET News - 6 hours 58 min ago
The exports of these products were free earlier but now they require a Shipment Clearance Certificate and after the shipment is made, the exporter will also have to provide a “Health Certificate” consignment wise to the buyer, the Directorate General of Foreign Trade (DGFT) said in a notification on Tuesday.
Categories: Business News

Bank loan growth pace halves in February

ET News - 6 hours 58 min ago
On a year-on-year basis, non-food bank credit growth decelerated to 7.3 per cent in February 2020 from 13.2% in February 2019, according to the latest data on sectoral flow of credit released by the Reserve Bank of India on Tuesday. Only retail loan growth accelerated marginally to 17.0% in February 2020 from 16.7 per cent in February 2019.
Categories: Business News

RBI says many banks are not extending doorstep services to senior citizens

ET News - 6 hours 58 min ago
The directions assume significance as they come amid the COVID-19 pandemic, where the senior citizens have been marked out as the most vulnerable and advised against stepping out of their homes as the country fights to limit the impact through radical measures like a three-week lockdown which is underway.
Categories: Business News

Social media firms asks creators to make 'at home' videos during lockdown

ET News - 6 hours 58 min ago
Social media platforms including YouTube, TikTok, and Instagram are reaching out to their creators in India to continue to make engaging videos during the lockdown as users turn to social media for entertainment.
Categories: Business News

Government launches dedicated Twitter handle for COVID-19 updates

ET News - 6 hours 58 min ago
The Ministry of Information and Broadcasting on Tuesday set up a dedicated Twitter handle for sharing news and updates about the novel coronavirus. The account is named #IndiaFightsCorona and uses the handle @CovidnewsbyMIB.
Categories: Business News