Page 2027 - Coronavirus

G20 nations to freeze debt of world's poorest; IMF, World Bank welcome move

The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems

Economic activity 'contracted sharply and abruptly' in US on Covid-19: Fed

US retail sales plummeted 8.7% in March, an unprecedented decline, as the outbreak brought most commerce to a halt

We support India's proactive Covid-19 response in a crisis like this: IMF

The impact of the coronavirus on the Asia-Pacific region will be severe, across the board, said IMF

Private Banks' Q4 nos may not reflect full extent of Covid-19 hit: Analysts

Among large banks, the brokerage sees ICICI Bank's PAT declining 49 per cent QoQ to Rs 2,100 crore in Q4FY20, followed by a 68 per cent sequential decline in Axis Bank's PAT at Rs 564.6 crore.

Coronavirus LIVE: Kerala flattens the curve; only one new case reported

Coronavirus update: Confirmed coronavirus cases in India have reached 11,933, and the global tally of infection has surpassed the 2-million mark. Catch Covid-19 LIVE updates here

Vinay Dubey: The man accused of driving migrant chaos in Mumbai's Bandra

Dube had unsuccessfully fought the 2012 Uttar Pradesh Assembly elections on a Nationalist Congress Party (NCP) ticket from the Varanasi North constituency

Lockdown 2.0 guidelines: India Inc buckles up to deliver after reboot bid

Durables and mobile companies, on the other hand, say plants may open from April 20, but production may take time to stabilise.

Best of BS Opinion: Reform for next generation, economic package, and more

Here's a selection of Business Standard Opinion pieces for the day

India coronavirus dispatch: Role of financing in crisis control, recovery

From the role of finance in containing the fallout and supporting recovery, to halting rumours, and what epidemiologists actually do - read these and more in today's India dispatch

The contagion in science fiction

Plagues, pandemics and their outcomes occupy a large, if macabre niche, in popular culture

Reform for the next generation

The dire outlook for an economy that was languishing before the pandemic suggests that India can no longer rely on business-as-normal paradigms

Be flexible with your financial plan, don't make big commitment

Clearly, these are unusual times. So, things need to be done differently

In search of the Covid war room

Do we indeed have a war room or are we following the US lead here?

Have enough cash reserve, will look at potential M&A deals: Wipro CFO

In a Q&A, Jatin Dalal says his company is looking at investments that are good but impacted by the market downturn

RBI, Sebi split over default recognition; MFs, rating agencies seek clarity

In the absence of clarity, NBFCs are staring at huge repayment obligations at a time when their liquidity cover is declining

IT firms unlikely to resume operations instantly, to see staggered opening

Most companies are going to continue to let employees work from home

Construction to resume, focus now on labour, raw materials and funds

Not all companies to gain. while those in hotspots will remain shut, industry feels relaxation applies only to open-air work, not underground or tunnelling operations

'Normal' monsoon forecast by IMD brings relief from coronavirus heat

India's southwest monsoon this year is expected to be 'normal' at 100 per cent of the long period average

Wall Street falls on dour economic data, corporate earnings; Dow slips 1.8%

Shares of Bank of America and Citigroup Inc dropped as they joined JPMorgan Chase & Co and Wells Fargo & Co in reporting a slump in first-quarter profits

Wipro suspends Q1FY21 revenue guidance as coronavirus crisis hits business

The company joined some of its peers to flag the uncertainty arising out of the pandemic and refrained from giving any revenue guidance for the first quarter of FY21