RED FM gives industry awards participation a miss amid economic slowdown and Coronavirus outbreak

Kolkata/IBNS: Considering the present market slowdown and the hurt on economy due to the Coronavirus outbreak, one of the private radio networks in India, 93.5 RED FM has taken a conscious decision of not participating in industry awards this year owing to the current market scenario.

ICICI Lombard launches a dedicated insurance cover for Coronavirus

Mumbai/IBNS: ICICI Lombard, India’s leading private sector non-life insurance company has rolled out a focused ‘COVID-19 Protection Cover’.

Almost 25 million jobs could be lost worldwide as a result of COVID-19, says ILO

New York/IBNS: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).

Swift policy action, strong leadership can save millions of jobs, ‘avert the worst’ amid COVID-19 pandemic

New York/IBNS: As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the UN’s labour agency (ILO) on Thursday offered a range of urgent measures, which, if governments act quickly, can help to protect workers in the workplace, stimulate the economy and save millions of jobs.

Coronavirus: Policybazaar launches helpline

Kolkata/UNI: India's largest online insurance marketplace and leading insurtech brand, Policybazaar.com has set up a dedicated special helpline number i.e. 0124-6372005 to support and guide people who have any insurance related queries regarding coronavirus.

ADB announces $6.5 billion initial response to COVID-19 pandemic

Manila/IBNS: The Asian Development Bank (ADB) today announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic.

DBS Bank India takes steps to support COVID-19 relief measures, offers complimentary insurance coverage to 'Treasures' customers

Mumbai/IBNS:  DBS Bank India has announced a series of initiatives and support measures to help customers amidst the COVID-19 pandemic.

Indian economy is not immune to COVID19 pandemic: RBI Guv Shaktikanta Das

New Delhi/IBNS:  Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said India is not immune to the COVID 19 infection and the country's economy will be impacted along with global economies due to it.

Indian Market: Sensex tumbles down 2713.41 pts, 30-month-low

Mumbai/UNI:  The equity market on Monday crashed after a day's halt, investors respond to a rapidly escalating economic hit from the coronavirus and a massive emergency move by the US Federal Reserve to ease policy as the BSE Sensex slumped by 2713.41 points to settle at 31,390.07, 30-month-low.

Indian Rupee ends up by 30 paise against USD

Mumbai/UNI: Erasing Thursday's losses, the Rupee on Friday smartly recovered by 30 paise to end strong at 73.92 on selling of US Dollars by bankers and exporters, dealers at Forex Market said.

Trading halted for 45 minutes: Sensex, Nifty down

Mumbai/IBNS: The domestic trading market in India witnessed another day of mayhem as trading was stopped for 45 minutes shortly after the day's trade opened on Friday after the benchmark indices nosedived 10 per cent each.

Indian market turns red: Sensex tanks 1482 pts

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) Sensex on Monday dropped by 1482.26 points to 36,094.36 in opening trade on weak global cues amid the rapid spread of coronavirus across the world.

Tokyo stocks fall over 5 percent – market data

Tokyo/Sputnik/UNI: The Tokyo stock exchange Nikkei index dropped 5.56 percent after one hour of trading on Monday, stock market data shows.