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The new coronavirus strain, first discovered in the central city of Wuhan, has caused alarm because of its connection to Severe Acute Respiratory Syndrome (SARS), which killed nearly 650 people across mainland China and Hong Kong in 2002-2003. More

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  • BoJ's Haruhiko Kuroda flags more easing if virus impact worsens: Report Feb 17, 2020 12:20 PM IST

    BoJ's Haruhiko Kuroda flags more easing if virus impact worsens: Report

    Kuroda called the coronavirus outbreak the "biggest uncertainty" for the domestic economy and flagged "additional easing steps without hesitation" if the economic risks from the virus heightened, Sankei said.

  • Oil prices steady as coronavirus-related demand concerns weigh Feb 17, 2020 11:50 AM IST

    Oil prices steady as coronavirus-related demand concerns weigh

    Brent crude was at $57.27 a barrel, down 5 cents by 0541 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

  • Gold holds near two-week high on uncertainty over virus impact Feb 17, 2020 11:01 AM IST

    Gold holds near two-week high on uncertainty over virus impact

    Spot gold was little changed at $1,582.83 per ounce as of 0453 GMT, having touched its highest since Feb. 3 at $1,584.65 on Friday. U.S. gold futures were steady at $1,585.90.

  • Japan's recession risks grow as economy skids in Q4, virus clouds outlook Feb 17, 2020 10:27 AM IST

    Japan's recession risks grow as economy skids in Q4, virus clouds outlook

    Analysts say the widening fallout from the epidemic, which is damaging output and tourism, could undermine growth in the current quarter and push Japan into recession - defined as two straight quarters of decline.

  • The global spread of the coronavirus: Where is it? Feb 17, 2020 10:25 AM IST

    The global spread of the coronavirus: Where is it?

    Outside mainland China, there have been about 780 infections reported in nearly 30 locations. Taiwan, the Philippines, Hong Kong and Japan have each reported one fatality, while France on Saturday announced the first death outside Asia, an elderly Chinese tourist.

  • Japan manufacturers remain pessimistic as coronavirus fears grow Feb 17, 2020 08:36 AM IST

    Japan manufacturers remain pessimistic as coronavirus fears grow

    The monthly poll, which tracks the Bank of Japan's key tankan quarterly survey, found business confidence across the sectors remained weak over the next three months, as the coronavirus added to uncertainty over the global outlook and the October national sales tax hike.

  • Oil prices slip ahead of data pointers on impact of coronavirus on demand Feb 17, 2020 08:20 AM IST

    Oil prices slip ahead of data pointers on impact of coronavirus on demand

    Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

  • Coronavirus: Death toll in China crosses 1,700; confirmed cases at 70,500 Feb 17, 2020 07:27 AM IST

    Coronavirus: Death toll in China crosses 1,700; confirmed cases at 70,500

    The latest figures were around 100 higher than those on February 16, but the number still sharply down on those from February 14-15

  • Finance Ministry to assess impact of coronavirus outbreak on trade Feb 16, 2020 08:13 PM IST

    Finance Ministry to assess impact of coronavirus outbreak on trade

    The death toll from China's coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.

  • China says significant drop in coronavirus cases; death toll climbs to 1,665 Feb 16, 2020 07:50 PM IST

    China says significant drop in coronavirus cases; death toll climbs to 1,665

    The death toll from China's coronavirus (COVID-19) epidemic has climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.

  • Coronavirus could damage global growth in 2020: IMF Feb 16, 2020 07:08 PM IST

    Coronavirus could damage global growth in 2020: IMF

    "There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space," the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women's Forum in Dubai.

  • Two more Indians on board cruise ship off Japanese coast test positive for coronavirus Feb 16, 2020 05:45 PM IST

    Two more Indians on board cruise ship off Japanese coast test positive for coronavirus

    A total of 138 Indians, including 132 crew and 6 passengers, were among the 3,711 people on board the ship, Diamond Princess, that arrived at the Japanese coast earlier this month.

  • Govt sets up teams to inspect villages bordering Nepal for COVID-19 Feb 16, 2020 05:40 PM IST

    Govt sets up teams to inspect villages bordering Nepal for COVID-19

    India has so far reported three confirmed cases of the virus, all in Kerala.

  • India will soon send consignment of medical supplies to China to combat coronavirus: Indian envoy Feb 16, 2020 03:57 PM IST

    India will soon send consignment of medical supplies to China to combat coronavirus: Indian envoy

    The death toll from COVID-19 outbreak in China has climbed to 1,665 after 142 more people died, mostly in the worst-hit Hubei province, officials said on Sunday.

  • Coronavirus: Death toll in China rises to 1,665; confirmed cases at 68,500 Feb 16, 2020 07:53 AM IST

    Coronavirus: Death toll in China rises to 1,665; confirmed cases at 68,500

    The total confirmed cases climbed to around 68,500, as top World Health Organisation experts scramble to assist Beijing to contain spread of the virus

  • Kim Jong Un in first appearance in weeks as coronavirus rages next door Feb 16, 2020 06:37 AM IST

    Kim Jong Un in first appearance in weeks as coronavirus rages next door

    Pyongyang has said nothing about cases in the North, but it has stopped international tourism and extended the quarantine period to 30 days for those suspected of carrying the virus, including foreigners.

  • China quarantines cash in coronavirus-hit areas to prevent spread of deadly disease Feb 15, 2020 05:28 PM IST

    China quarantines cash in coronavirus-hit areas to prevent spread of deadly disease

    Experts have been asking people to frequently wash hands and face besides wearing masks as basic measure to prevent its spread.

  • China cleans, locks away banknotes to stop virus spread Feb 15, 2020 12:25 PM IST

    China cleans, locks away banknotes to stop virus spread

    The virus, which has infected more than 66,000 people in China and spread to more than two dozen other countries, has sparked a rush to disinfect public places and minimise contact between people.

  • Week in 5 charts: Inflation data, coronavirus kept market volatile; Rupee flat Feb 15, 2020 10:11 AM IST

    Week in 5 charts: Inflation data, coronavirus kept market volatile; Rupee flat

    S&P retained India’s rating with a stable outlook and expects a gradual recovery in the economy with GDP growth reaching 7 percent in two years.

  • Coronavirus: 83 under home quarantine in Odisha Feb 15, 2020 08:10 AM IST

    Coronavirus: 83 under home quarantine in Odisha

    The health and family welfare department has opened a control room which is functioning round the clock.

  • Reporter's Take | Does your insurance cover coronavirus? Feb 14, 2020 09:40 PM IST

    Reporter's Take | Does your insurance cover coronavirus?

    Moneycontrol's Shraddha Sharma gets in conversation with M Saraswathy to find out if your medical bills in case of a COVID-19 infection will be taken care of by your insurer or not.

  • Coronavirus: DGCA says passengers arriving from Japan and South Korea will be screened on arrival Feb 14, 2020 07:08 PM IST

    Coronavirus: DGCA says passengers arriving from Japan and South Korea will be screened on arrival

    Earlier, only passengers arriving from Thailand, Singapore, China and Hong Kong were being screened.

  • Coronavirus outbreak: SpiceJet to suspend Delhi-Hong Kong flights from February 16 Feb 14, 2020 03:05 PM IST

    Coronavirus outbreak: SpiceJet to suspend Delhi-Hong Kong flights from February 16

    IndiGo and Air India have already suspended all their flights between India and China.

  • Indian generic drugmakers may face supply shortages from China if coronavirus drags on Feb 14, 2020 12:42 PM IST

    Indian generic drugmakers may face supply shortages from China if coronavirus drags on

    An important supplier of generic drugs to the world, Indian companies procure almost 70% of the active pharmaceutical ingredients (APIs) for their medicines from China.

  • Vietnam looks to Indian market to ease virus hit to farm exports Feb 14, 2020 11:20 AM IST

    Vietnam looks to Indian market to ease virus hit to farm exports

    Vietnam has asked India to reduce trade barriers on its exports, such as black pepper and cashew nuts, the Ministry of Industry and Trade said on Friday.

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