Indian funds seek to reassure investors after shutdowns fuel redemption fears. The industry continues to remain robust. AMFI chairman Nilesh Shah
MUMBAI – Fund houses in India were battling to reassure investors on Friday, amid fears of a flood of redemption requests after the unprecedented closure... Read More
Economy
Rupee plummets to all-time low of 76.88 against US dollar in early trade
Mumbai, Apr 22. The Indian rupee plummeted to an all-time low of 76.88 against the US dollar in opening trade on Wednesday, amid strengthening of... Read More
India tightens FDI norms for investors from neighbouring countries in the wake of COVID-19 pandemic. Move intended to restrict China to control indian companies via automatic route
New Delhi. A company or an individual from a country that shares land border with India can invest in any sector here only after getting... Read More
IMF terms COVID-19 pandemic as much bigger & dangerous than the Great Depression. Lockdown to have a significant impact on World Economy
The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus... Read More
COVID-19 impact on world economy. Global trade will plunge by up to a third in 2020 amid pandemic: WTO
Global trade could plummet by a third this year due to the coronavirus pandemic, the World Trade Organization (WTO) said Wednesday, warning the deepest recession... Read More
Covid 19 Pandemic set to disrupt global economy as United Nations predict minus growth in 2020
4 min read
The global economy could shrink by up to one per cent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast of... Read More
World economy at its worst due to COVID-19. We have reassessed the prospect for growth for 2020 and 2021. It is now clear that we have entered a recession – as bad as or worse than in 2009 – IMF Chief
COVID-19 on the global economy is the risk of a wave of bankruptcies and layoffs capable of eroding the fabric of the societies. The world’s... Read More
It is our firm resolve that the poor and vulnerable get all possible help to cope with the testing times – Narendra Modi
The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for... Read More
Temporary Relief to EMI Payments, RBI comes forward & thrown a lifeline with its 3-month EMI moratorium and working capital interest forbearance
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than... Read More
