Page 1890 - Economy & Policy News

Covid-19: Icra outlook on bulk, container, offshore negative in near term

Tanker freights see upside as falling oil prices come to rescue

AP reports 43 new Covid-19 cases in single day, all traced to Markaz event

State tally doubles to 87, as outbreak reaches most districts; 15 persons tested positive in neighbouring Telangana yesterday

IEX expects online price of electricity to weaken as fallout of coronavirus

While demand from industry and commerce has reduced owing to the lockdown, it has heightened in many other areas like domestic demand through work from home models

India may soon ease some drug export curbs under US pressure: Report

Imports from India accounted for 24% of medicines and 31% of medicine ingredients to the United States in 2018, according to the US Food and Drug Administration

No extra spectrum needed to maintain network stability, quality: COAI

Recent series of measures, including streaming services switching content to SD and traffic redistribution has led to reduced pressure on networks

Covid-19: Apparel exporters seeks stimulus package covering wages, credit

Wants wages to be paid out of ESI funds, govt to make employer's PF contribution; seek minimum 25% hike in working capital limits, without additional collateral

India's fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch Solutions

Underpinning the revised forecast are weaker revenue collection as a result of a sharp virus-driven downturn in economic activity

Little back-up to keep power plants running in the battle against Covid-19

Assured electricity supply is critical to keep life-saving machines running, but it is difficult to ensure steady flow through the lines to semi-rural hospitals

Covid-19: RBI announces relief for exporters, gives breather to states/UTs

It would help the exporters to realise their receipts from nations adversely affected by the virus and also negotiate future export deals

Asia's factory activity in March contracts sharply on coronavirus fallout

Japan's factory activity contracted at the fastest pace in about a decade in March, adding to views that the world's third-largest economy is likely already in recession

Farm exports take a dip due to Covid-19 scare, may take months to recover

Non-availabilty of labour and transport takes a toll on shipments; bottlenecks at customs exacerbate problem despite round-the-clock clearance by govt

Covid-19: Trump approves 90-day delay of tariffs for most-favoured nations

The plan would not apply to tariffs on Chinese and European goods subject to Section 301 tariffs or to steel and aluminum subject to Section 232 tariffs

Coronavirus impact: Centre pushes ventilator firms to make 120k units

Manufacturers Navigate Component bottle-necks, tie-up with car-makers to meet targets

Coronavirus lockdown: Vegetable, grain mandis limp back to normalcy

There are reports of farmers destroying produce at some places on not being able to access markets

Covid-19 worst crisis since WWII, no parallels in recent past, says UN head

Guterres called for a much stronger and more effective global response to the coronavirus pandemic and to the social and economic devastation that COVID-19 is causing

Covid-19: Some banking systems may need help if situation worsens, says IMF

Leading regulators and bank chief executives, particularly in the United States, have said lenders are robust enough to withstand the unfolding economic crisis.

New tax rules: Here're the changes that come into effect from today

Those who buy mobile handsets have to shell out more as goods and services tax rates on them have been hiked.

Govt to borrow Rs 4.88 trn, 62.56% of gross target in April-Sept period

Chakraborty also said as of now, the switch and buyback plan for 2020-21 was around Rs 2.7 trillion

IMD predicts warmer summer; experts unclear on whether it halts Covid-19

If there is any inverse relation between the spread of Covid-19 and high temperature, India might be in for a better spot

Stung by coronavirus, markets log biggest yearly loss in FY20 since 2009

A slump in demand saw Brent crude prices drop 66 per cent to an 18-year low to below $22 a barrel during the year