Page 1665 - Coronavirus

Boeing slashes production of widebody jets as Covid-19 hammers sales

The production cuts reflect concern among aviation companies across the board about the pace of the coronavirus recovery

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

Wall Street adds to gains after Fed pledges more support to US economy

At the end of its two-day policy meeting the Fed said it maintained its interest rate target range until it is confident the economy has weathered the virus

Maruti Suzuki reports net loss of Rs 249 crore in Q1 as Covid-19 takes toll

The company posted a pre-tax loss of Rs 370 crore, as compared with a profit of Rs 1,853 crore in the year-ago quarter

PM Modi to meet chiefs of all financial sector regulators on Thursday

Finance Minister Nirmala Sitharaman, Commerce Minster Piyush Goyal and Roads and Highways Minister Nitin Gadkari will also be a part of the meeting

Govt extends deadline for filing income tax returns for FY19 till Sept 30

This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 financial year

IndiGo flies into the red on Covid curbs, posts loss of Rs 2,843 cr in Q1

Posts loss of Rs 2,843 cr in Q1FY21 against PBT of Rs 1,509 cr Q1FY20

Fed pledges to keep rates near zero, says recovery will depend on Covid-19

The Federal Reserve also said it is open to use its 'full range of tools' to recover from the fallout from the coronavirus outbreak

Symbiosis, the need of the hour

The industry has been engaged in a dialogue with the Union government on a specific set of fiscal measures that would be required to revive demand

Bulk of 5G-centric spends to be pushed: TechM's CP Gurnani, Manoj Bhat

"Huawei continues to remain our customer. But they are going through their own cycle, in terms of the US (sanctions) and Covid-19 impact," said TechM's CFO Manoj Bhat

Celebrities beware: Greater diligence expected

Thanks to the Consumer Protection Act, 2019, which was fully notified earlier this month, endorsers have the responsibility now to check out the veracity of a brand's claims

Oil gains on sharp US crude inventory drop; Covid-19 keeps surge in check

Brent crude futures gained 35 cents to $43.57 a barrel by 10:57 a.m. EDT (1457 GMT). US West Texas Intermediate crude futures were up 18 cents to $41.22.

US expected to report record-breaking economic plunge due to Covid-19

On Thursday, the government will issue its first of three estimates of economic activity, as measured by the gross domestic product, for the April-June quarter.

Par panel may submit final report on Code on Social Security on Friday

The panel adopted its draft report in a meeting held on Wednesday, a member of the panel said on the condition of anonymity.

Modi meets heads of banks, NBFCs, bats for lending to productive sectors

According to sources, the importance of the financial sector in achieving the objective of 'Atmanirbhar Bharat' or self-reliant India was highlighted during the meeting.

Covid-19 likely to hit Reliance Industries' Q1 profit, say brokerages

An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.

Over 1,700 vehicles penalised for flouting Covid-19 curbs in Noida

Altogether, Rs 2,01,600 were collected in fines during the action, the police said

Covid-19 can cause stroke in absence of comorbidities, say neurologists

As per the neurologists, if people with pre-existing conditions like blood pressure, diabetes or any heart related ailments test positive for Covid-19, they should immediately get admitted

Sebi extends regulatory norms compliance timeline for RTAs, others

The period from March 23 till September 30 shall be excluded for computing the existing timelines for compliance, Sebi said in the circular

Unlock 3: Night curfew removed; metro rail, schools, cinemas to stay shut

The govt said that Independence Day event will be allowed with social distancing norms and by following other health protocols