Business

New Delhi, April 15 (IANS) The Centre on Wednesday announced exemption to the information and technology (IT) industry, along with certain other sectors from the lockdown, with certain conditions.As per an order by the Ministry or Home…

Mumbai: Gold futures on the Multi-Commodity Exchange (MCX) reversed gains after touching its lifetime high level of Rs 46,785 per 10 gram earlier in the day.Prices of gold have of late skyrocketed due to the uncertainty in the global…

Seattle: Despite gloom all over, Amazon saw its stock zooming over 5 per cent to an all-time high of over $2,283 per share � leaving the ecommerce giant with $1.1 trillion worth and adding $6.5 billion to its Founder and CEO Jeff Bezos…

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.The Sensex of the BSE opened at 31,277.11 points and touched a high of 31,400.36 and a low of 31,178.10 points.It is trading at 31,298.53 points up…

New York: US equities advanced, bolstered by strong gains in major tech shares.On Tuesday, the Dow Jones Industrial Average jumped 558.99 points, or 2.39 per cent, to 23,949.76. The S&P 500 was up 84.43 points, or 3.06 per cent, to…

New Delhi: As Prime Minister Narendra Modi on Tuesday announced the extension of the nationwide lockdown till May 3, the Directorate General of Civil Aviation (DGCA) has said that all domestic and international flights will remain suspended…

Abu Dhabi: The balance of power will tip in favour of China in a post COVID-19 world and the US may take longer to recover compared to countries in Asia, a new report has said.According to predictions by Khuloud Al Omian,…

New York: Oil prices settled mixed as market participants digested a highly anticipated decision by major oil producers on output cuts.On Monday, the West Texas Intermediate for May delivery decreased US $0.35 to settle at $22.41 a…

Washington: The International Monetary Fund (IMF) Executive Board has approved immediate debt service relief for 25 member countries as part of its response to help address the impact of the COVID-19 pandemic."This provides grants to…

New Delhi: The Asian Development Bank on Monday tripled the size of its financial package to support developing member-countries to $20 billion and also approved measures to streamline its operations for quicker and more flexible delivery…

New Delhi: International crude oil prices surged on Monday after the Organization of the Petroleum Exporting Countries (OPEC)and its allies including Russia agreed on a nearly 10 per cent cut in oil production.In the 10th extraordinary…

Mumbai: Indian stock markets traded on a negative note on Monday morning with the BSE Sensex falling over 600 points.The indices fell due to weakness in global markets and heavy selling in auto and consumer durable stocks.The Nift50…

New Delhi: The Centre has provided financial assistance of Rs 28,256 crore to 31.77 crore beneficiaries as of April 10, under the Pradhan Mantri Garib Kalyan Scheme to lend support to the underpriviledged in wake of the coronavirus crisis…

Riyadh: Opec producers and allies have agreed a record oil deal that will slash global output by about 10 percent after a slump in demand caused by coronavirus lockdowns.The deal, agreed on Sunday via video conference, is the largest…

New Delhi: As the global economy goes through an unprecedented tough phase amid the coronavirus crisis, a World Bank report on Sunday said that South Asia may witness its worst economic performance in the last 40 years.The report also…