Page 2021 - Coronavirus

Europe car sales dip 55% in March on virus lockdown, worse than 2008 crisis

The European carmaker's association, ACEA, said Friday that new car registrations ''recorded a dramatic drop'' of 55% to 567,308 units

Rupee can depreciate another 4% despite RBI's liquidity support measures

The rupee did not react much to the measures announced since this was more towards a short-term liquidity measure which the markets had expected from the RBI.

Covid-19 relief: Here are the steps taken by the RBI to fight slowdown

Among other important announcements, he announced a reduction in reverse repo rate by 25 basis points from 4 per cent earlier to 3.75 per cent now

RBI actions will act as lifelines for NBFCs; await steps on bond buying

In his bid to fight the coronavirus (Covid-19) induced slowdown, the governor has made it clear that he doesn't want banks to park money with the RBI.

USFDA may have dropped standards too far in hunt for Covid-19 drug: Report

Although some rules can be waived in an emergency, the FDA dropped its quality-control standards too far as it scoured the world for scarce supplies of chloroquine drugs.

RBI measures are good; markets will recover only when Covid-19 cases dip

Nifty is unlikely to see a new low, provided there are no negative surprises as regards Covid-19 cases.

Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore

The banks are expected to start credit operations from April 20, in a bid to help a staggered restart of the economic activities

'Can promise' Morgan Stanley will miss medium-term financial targets: CEO

The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it missed new return targets and cost-cutting goals

How will the Covid-19 pandemic impact Nifty companies' earnings in Q4FY20?

Margins in some sectors could improve due to soft raw material prices.

China suffers first GDP decline on record as coronavirus cripples economy

The world's second-largest economy shrank 6.8% from a year ago in the three months ending in March after factories, shops and travel were closed to contain the infection, official data showed.

Beijing-based AIIB mulls $500 mn funding for healthcare system in India

AIIB is doubling available funds under its COVID-19 Crisis Recovery Facility to provide upto $10 billion due to high client demand.

Market Ahead, April 17: Top Factors That Could Guide Markets Today

RBI Governor Shaktikanta Das' media address at 10 am will remain a big focus today for investors who will also digest reports of an imminent second stimulus package

Covid-19 has given Modi an opportunity to wield the power of his popularity

Our informal economy and Centre-state coordination are helpful factors, but harsh measures could leave a deep impact on society

Best of BS Opinion: The perils of Covid policy, normal monsoon, and more

Here's a selection of Business Standard opinion pieces

Covid-19: Electronics manufacturers in a fix over resuming operations

From satisfying the concerned local and state-level authorities to finalisng the new set of standard operating procedures, all manufacturers are facing a bumpy road before they can resume operations

India coronavirus dispatch: A time for brave and imaginative action

From caring about the Indian migrant, to getting the containment strategy right, and when one could get infected from food - read these and more in today's India dispatch

Govt says Zoom video app unsafe, must not be used for its meetings: Report

The MHA mentioned that "those private individuals who still would like to use Zoom for private purposes" should follow certain guidelines

IMF needs to maintain global financial stability amid Covid-19: Sitharaman

Sitharaman, in her intervention, outlined various measures taken by India to deal with the health emergency

Electronics makers in a race to resume manufacturing but hurdles galore

From satisfying local authorities to meeting requisite workforce and safety parameters, various challenges lie ahead of manufacturers

Hyundai Motor hands Covid-19 advanced diagnostic testing kits to ICMR

The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea