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Global Economy
Business  /  Published 23.03.20

OECD warns of painful recovery

The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development (OECD) has warned. Angel Gurría, the OECD secretary-general, said the ec...
By AFP in London

Business  /  Published 16.03.20

Co-ordinated global action to combat coronavirus

The US Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars in a bid to combat the coronavirus pandemic that has roiled markets ...
By Reuters in Sydney

Business  /  Published 12.03.20

Dollar swap drive to quell panic

The RBI on Thursday announced a dollar sell/buy programme that will provide banks the much needed foreign exchange to stem the freefall of the rupee that has plummeted to a 17-month low of Rs 74.28 at...
By Our Special Correspondent in Mumbai

Business  /  Published 10.03.20

Oil price, stocks rebound

Oil and equity markets staged solid rebounds on Tuesday after the previous day’s pummelling, with signs of coordinated action by the world’s biggest economies to cushion the economic impact of cor...
By Reuters in London

Business  /  Published 21.12.18

Stocks tank on global gloom

Weak global cues and profit booking saw equity markets end the week on a gloomy note with the BSE Sensex tanking almost 690 points.Concerns of a slowdown in global economic growth and fears of a poten...
By Our Special Correspondent in Mumbai

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Business  /  Published 28.10.19

Gold prices likely to rise

Geo-political uncertainties, sustained central bank buying and a weak rupee against the dollar are likely to push the prices of gold up to Rs 42,000 per 10 gram by the end this year, according to anal...
By PTI in Mumbai

World  /  Published 18.02.19

A leader is an explainer-in-chief: Andres Velasco

Yet we have the US-China Trade War and different countries joining one camp or the other. I was drawing a distinction between what happens on the ground and what certain politicians like (Donald) Trum...
By Rishi Majumder in Delhi

Business  /  Published 23.03.20

US mulls stimulus

Republicans and Democrats in the US Senate were pushing towards an agreement on a far-reaching $1 trillion-plus coronavirus stimulus package on Monday after weekend talks ended with no deal.Democrats ...
By Reuters in Washington

Business  /  Published 17.03.20

Stocks succumb in the final hour

Stock markets tumbled to a new three-year low on Tuesday after trading in the positive zone for most of the day. A last-hour slide sent all the indices downhill, mirroring overseas markets as the glob...
By Our Special Correspondent in Mumbai

India  /  Published 12.03.20

Stocks tumble, SBI biggest loser

Treacherous Thursday followed Manic Monday as investors — spooked largely by fears linked to the coronavirus pandemic — clobbered stocks, shredded the rupee and torched crude oil prices.Investors ...
By Our Special Correspondent in Mumbai


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