The market will open at 10 am instead of the current 9 am and closing timings too have been revised to 2 pm for all segments.

Till February, the total receipts of the Centre grew only 6.8 per cent, while its expenditure grew 12.6 per cent, leading to a fiscal deficit of 135.2 per cent of the revised estimate for FY2020.

Sources in the Union Ministry of Tourism said the government is considering helping the sector with soft loans, working capital and deferment on loan repayments.

Fitch Ratings also said micro, small and medium-sized enterprises and the services segment are likely to be among the most affected amid reduced consumer spending.

In new guidance, the Labor Department effectively exempted many small businesses from a new requirement to provide paid leave to employees affected by the crisis.

The Asian Development Bank said that growth in developing Asia would likely fall to 2.2% in 2020 from 5.2% last year.

Moodys Investor Service last month also slashed its estimate for Indias GDP growth during 2020 calendar year to 2.5 per cent and said that coronavirus outbreak will cause unprecedented shock to t

Axis Bank was the top loser in the Sensex pack, cracking over 9 per cent, followed by IndusInd Bank, ICICI Bank, Titan, SBI, Maruti, HDFC and Asian Paints.

After the initial impact of shutdowns on a few industries, the coronavirus pandemic is leaving a much broader swath of unemployment.

As companies nationwide look for relief, the Trump Organization has talked with Deutsche Bank and a Florida county about delaying payments on some loans and other obligations.

The chain has aggressively opposed unionization efforts among its employees, who have been critical of its response to the coronavirus.

His winding career path now seems to be a strength, not a weakness.

Stating that asset quality will deteriorate, Moodys said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances, which in

Trade union Unite said in a statement it had reached agreement with the company to use the governments business support programme for around 28,000 staff.

Saudi Arabia called for an urgent meeting of OPEC+ and a group of other countries with the aim to try and reach a fair deal to restore balance to the oil market.

On the first day of the new financial year, the Sensex closed at 28,265.31, witnessing a fall of 1,203.18 points. On the other hand, Nifty ended 343.95 points lower at 8,253.80.

Trump expressed alarm at the impact on the US energy industry from the twin blows of the economic shutdown caused by the coronavirus and the Russia-Saudi row.

The move is a blow to shareholders like Adam Neumann, the companys co-founder, and venture capital firms that had hoped to cash out of the troubled office space company.

In a report, energy analysts have said that a situation like global oil storage reaching its maximum capacity in a few weeks can arise. Reasoning it they said the COVID-19 crisis has hugely reduc

The spike in reported non-perfoming assets (NPAs) would be reflected over the next few quarters, rating agency Icra said.