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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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  • 3Cs rattle markets! Corporate earnings are bound to take a hit Mar 22, 2020 04:03 PM IST

    3Cs rattle markets! Corporate earnings are bound to take a hit

    The 3 C's - Coronavirus pandemic, Crude Oil slipping and the Credit risk averseness witnessed are cumulatively causing panic on the D-Street.

  • Coronavirus pandemic | ITC slashes price of Savlon sanitisers amid COVID-19 outbreak Mar 22, 2020 03:51 PM IST

    Coronavirus pandemic | ITC slashes price of Savlon sanitisers amid COVID-19 outbreak

    ITC has already started manufacturing Savlon sanitisers with the new reduced prices.

  • Pandemic bonds prove good for investors, less so for nations Mar 22, 2020 03:48 PM IST

    Pandemic bonds prove good for investors, less so for nations

    “The countries that need help are not the ones getting the funds,” said Felix Stein of the University of Cambridge, who has researched the bonds. “It’s the Wall Street investors that are benefiting.″

  • Pharma wrap: Govt to give Rs 14k crore boost to promote production of bulk drugs, medical devices Mar 22, 2020 03:25 PM IST

    Pharma wrap: Govt to give Rs 14k crore boost to promote production of bulk drugs, medical devices

    In FY19, India imported about $4.5 billion worth of drug raw materials from China. This equates to about 70-80 percent of our requirement. It also imported almost $6 billion worth of medical devices, which translates to about 80-90 percent of India's needs.

  • Coronavirus pandemic: 4 new COVID-19 cases in Gujarat, total goes up to 18 Mar 22, 2020 02:41 PM IST

    Coronavirus pandemic: 4 new COVID-19 cases in Gujarat, total goes up to 18

    "Total number of cases of coronavirus has risen to 18 in Gujarat" Deputy Chief Minister, Nitin Patel told reporters.

  • India Under Lockdown: Coronavirus pushes govt to suspend all trains, metro and inter-state bus services until March 31 Mar 22, 2020 02:40 PM IST

    India Under Lockdown: Coronavirus pushes govt to suspend all trains, metro and inter-state bus services until March 31

    State governments can expand the list of districts where only essential services are allowed to operate, according to the statement.

  • Coronavirus pandemic: IBA appeals for washing of hands after handling currency Mar 22, 2020 02:40 PM IST

    Coronavirus pandemic: IBA appeals for washing of hands after handling currency

    "Wash your hands with soap for at least 20 seconds before and after physical banking/currency counting/AEPS (Aadhaar-enabled payment system) transactions" IBA said in a public appeal.

  • India Inc seeks fiscal stimulus, moratorium on debt repayment to mitigate coronavirus impact  Mar 22, 2020 02:35 PM IST

    India Inc seeks fiscal stimulus, moratorium on debt repayment to mitigate coronavirus impact 

    The impact of COVID-19 is likely to drag it down further in the fourth quarter.

  • 90 health counters operational, things back to normal now at Delhi airport: Puri Mar 22, 2020 02:11 PM IST

    90 health counters operational, things back to normal now at Delhi airport: Puri

    "We have a backlog of just about 500 passengers whom we should be able to clear in an hour. Passengers arriving on subsequent flights will also be screened within the same timeframe," Puri said on Twitter.

  • Coronavirus impact: Mutual fund houses to work 'as normal' till March 31 Mar 22, 2020 02:07 PM IST

    Coronavirus impact: Mutual fund houses to work 'as normal' till March 31

    Many asset management companies have asked their employees to work on a rotational basis to ensure their safety and smooth functioning of operations

  • Coronavirus pandemic | Railway Ministry bans all passenger trains till March 31 Mar 22, 2020 02:04 PM IST

    Coronavirus pandemic | Railway Ministry bans all passenger trains till March 31

    However, trains which had commenced their journey prior to 4 am on March 22 will run up to their destination

  • Olympics: Indian athletes join call for Games to be delayed Mar 22, 2020 01:56 PM IST

    Olympics: Indian athletes join call for Games to be delayed

    Calls from athletes and federations for a delay in the Games, which is scheduled to run from July 24 to Aug. 9, have intensified as the flu-like virus has brought sport to a grinding halt across the world.

  • Coronavirus pandemic: SAI centers to be used as quarantine facilities to tackle COVID-19 as announced by the Sports Ministry Mar 22, 2020 01:51 PM IST

    Coronavirus pandemic: SAI centers to be used as quarantine facilities to tackle COVID-19 as announced by the Sports Ministry

    "Yes, we have decided to allow all our centres to be used as quarantine facilities after the Health Ministry asked for it. It is a pandemic and all the SAI centres are public properties" - Sports Secretary, Radhey Shyam.

  • Coronavirus pandemic: "Not right time for sport but prepared for Olympics" says Manu Bhaker Mar 22, 2020 01:51 PM IST

    Coronavirus pandemic: "Not right time for sport but prepared for Olympics" says Manu Bhaker

    "I am preparing for the Olympic as planned" she said.

  • Exclusive: Tokyo organisers quietly plan for potential Olympic delay, sources say Mar 22, 2020 01:46 PM IST

    Exclusive: Tokyo organisers quietly plan for potential Olympic delay, sources say

    While the coronavirus outbreak has disrupted sports events around the world, Japan has been steadfast in saying that the Games will go on. The top government spokesman on Wednesday said Tokyo wasn't preparing for postponement.

  • 'This too shall pass! What should you do when markets behave like a falling knife?' Mar 22, 2020 01:41 PM IST

    'This too shall pass! What should you do when markets behave like a falling knife?'

    It is impossible to have timelines in such a global phenomenon, but it would be safe to say that in the next 2-3 months, the spread of the coronavirus should be controlled to a large extent.

  • CII seeks exemption for e-commerce, ITeS, food processing from prohibitory orders Mar 22, 2020 01:17 PM IST

    CII seeks exemption for e-commerce, ITeS, food processing from prohibitory orders

    The appeal gains significance as more and more states are imposing lockdowns with the spread of coronavirus.

  • COVID-19 to shave 1 trillion euro off from European brands: Report Mar 22, 2020 01:13 PM IST

    COVID-19 to shave 1 trillion euro off from European brands: Report

    This brand erosion will be mostly felt by airlines, oil & gas, tourism & leisure, restaurants, and retail companies whose businesses are the worst hit, Brand Finance said in a report.

  • Coronavirus pandemic: Players should use this break to introspect and stay fit says Pollard Mar 22, 2020 01:10 PM IST

    Coronavirus pandemic: Players should use this break to introspect and stay fit says Pollard

    "It is a good time for introspection, a good time for reflection, a good time to look at where you are as an individual in your career and what you want to achieve going forward" said Pollard.

  • First COVID-19 death in Bihar: Man with travel history to Qatar dies at AIIMS, Patna Mar 22, 2020 12:59 PM IST

    First COVID-19 death in Bihar: Man with travel history to Qatar dies at AIIMS, Patna

    Saif Ali (38), a resident of Munger district in Bihar, was admitted to the hospital with kidney ailment on Friday, hospital superintendent CM Singh said.

  • COVID-19 to continue to dictate market trends: Analysts Mar 22, 2020 12:57 PM IST

    COVID-19 to continue to dictate market trends: Analysts

    "The markets will continue to focus on whether the virus infection rate peaks out and also on the coordinated actions of the RBI (Reserve Bank of India) and the government to support businesses with relief package," Vinod Nair, head of research, Geojit Financial Services, said.

  • Asia steps up virus efforts as second wave of infections strikes Mar 22, 2020 12:53 PM IST

    Asia steps up virus efforts as second wave of infections strikes

    Tighter travel restrictions were imposed in several countries while Malaysia deployed its army to enforce a lockdown as the number of cases in the region soared past 95,000 -- a third of the world's infections, an AFP tally shows.

  • 'Janata curfew' should have come a week ago: Sanjay Raut Mar 22, 2020 12:17 PM IST

    'Janata curfew' should have come a week ago: Sanjay Raut

    Speaking to a regional news channel, Raut said the coronavirus outbreak would also have a "deep impact" on the country's economy.

  • Coronavirus Pandemic | GoAir announces 50% salary cut for top management Mar 22, 2020 12:04 PM IST

    Coronavirus Pandemic | GoAir announces 50% salary cut for top management

    GoAir said, “The measures are temporary to combat COVID-19 impact.”

  • IT firms still struggling to allow its employees to work from home Mar 22, 2020 11:27 AM IST

    IT firms still struggling to allow its employees to work from home

    Considering 50 lakh employees are in the IT sector, enabling them to WFH becomes important.

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