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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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  • Bear market at play: Is coronavirus sell-off similar to 2008 meltdown? Mar 13, 2020 11:40 AM IST

    Bear market at play: Is coronavirus sell-off similar to 2008 meltdown?

    If you think that the present global selloff, which has put the Indian market in a bearish phase, is the worst, don’t forget the 2008 financial meltdown.

  • Have seen much worse in the past, says Principal Eco Adviser Sanjeev Sanyal on market crash Mar 13, 2020 11:36 AM IST

    Have seen much worse in the past, says Principal Eco Adviser Sanjeev Sanyal on market crash

    On March 13, the Indian stock market hit the lower circuit for the first time in 12 years after 2008 crisis, halting trading for 45 minutes.

  • FDA cracks down on sale, manufacture of substandard sanitisers Mar 13, 2020 11:30 AM IST

    FDA cracks down on sale, manufacture of substandard sanitisers

    People should purchase only high-quality hand sanitisers and hand wash and that too with proper bills. They should avoid getting cheated by buying substandard products

  • Coronavirus Pandemic | Australian cricketer Kane Richardson tested for coronavirus, results awaited Mar 13, 2020 11:24 AM IST

    Coronavirus Pandemic | Australian cricketer Kane Richardson tested for coronavirus, results awaited

    The right-arm pacer, who returned with the Australian team from South Africa earlier this week, informed the medical staff of a sore throat on Thursday and was tested for the virus

  • Coronavirus pandemic | China's COVID-19 epicentre of Wuhan sees single-digit new cases for second day Mar 13, 2020 11:20 AM IST

    Coronavirus pandemic | China's COVID-19 epicentre of Wuhan sees single-digit new cases for second day

    Wuhan, capital of central Hubei province, registered the five new cases on March 12, the National Health Commission said, down from eight cases the previous day. The commission routinely reports new cases the day after the data is collected.

  • Coronavirus pandemic | Rahul Gandhi slams govt response to COVID-19, says economy will destroy if strong action not taken Mar 13, 2020 11:17 AM IST

    Coronavirus pandemic | Rahul Gandhi slams govt response to COVID-19, says economy will destroy if strong action not taken

    "The Indian economy will be destroyed if strong action is not taken. The government is in a stupor," the former Congress chief said.

  • Eerie prophecy on coronavirus: Here is what Sylvia Browne predicted for 2020 Mar 13, 2020 11:12 AM IST

    Eerie prophecy on coronavirus: Here is what Sylvia Browne predicted for 2020

    Sylvia Browne, in her book - End of Days: Predictions and Prophecies About the End of the World, predicts the end of the stock market

  • Coronavirus pandemic | Travel industry facing 80% cancellations, seeks relief: Trade body Mar 13, 2020 11:00 AM IST

    Coronavirus pandemic | Travel industry facing 80% cancellations, seeks relief: Trade body

    The association has petitioned Prime Minister Narendra Modi and the tourism ministry seeking their intervention and creation of a corpus to bail out the 'sinking' industry

  • Coronavirus pandemic | Delhi govt shuts all swimming pools in the national capital Mar 13, 2020 10:58 AM IST

    Coronavirus pandemic | Delhi govt shuts all swimming pools in the national capital

    On March 12, the Delhi government had declared coronavirus an epidemic and shut all cinema halls, schools and colleges, except those where exams are on, till March 31.

  • The Coronavirus pandemic: Know what your health, travel policies will cover Mar 13, 2020 10:50 AM IST

    The Coronavirus pandemic: Know what your health, travel policies will cover

    Despite the pandemic tag, any hospitalisation expenses incurred by policyholders will be covered. Existing travel policyholders’ claims will be paid too

  • Coronavirus Pandemic | Plea in Delhi HC for judicial intervention to deal with COVID-19 Mar 13, 2020 10:50 AM IST

    Coronavirus Pandemic | Plea in Delhi HC for judicial intervention to deal with COVID-19

    The petition was mentioned before a bench of Chief Justice D N Patel and Justice C Hari Shankar that allowed it to be listed on March 16.

  • Coronavirus Pandemic | Everest shut down after Nepal suspends permits over virus Mar 13, 2020 10:33 AM IST

    Coronavirus Pandemic | Everest shut down after Nepal suspends permits over virus

    Nepal has suspended climbing on all mountains in the country and stopped issuing tourist visas, Yogesh Bhattarai, Minister for Culture Tourism and Civil Aviation said.

  • Coronavirus Pandemic | Season-opening Australian Grand Prix cancelled over virus fears Mar 13, 2020 10:15 AM IST

    Coronavirus Pandemic | Season-opening Australian Grand Prix cancelled over virus fears

    The decision follows April's Chinese Grand Prix being postponed and with the second race of the year in Bahrain due to be held without spectators, leaving huge question marks over the rest of the calendar.

  • Trading halted! Here is what happens in a lower circuit and how it is calculated Mar 13, 2020 10:04 AM IST

    Trading halted! Here is what happens in a lower circuit and how it is calculated

    The index-based market-wide circuit breaker system applies at three stages of the index movement, either way-- at 10%, 15% and 20%.

  • Coronavirus pandemic | Bengaluru startup moves office to TN farmhouse to meet project deadline Mar 13, 2020 10:03 AM IST

    Coronavirus pandemic | Bengaluru startup moves office to TN farmhouse to meet project deadline

    The reason to move to a remote farmhouse located in the foothills of the Western Ghats was to remain ‘secluded and far away from congested big cities where people are more vulnerable to getting infected by coronavirus’

  • Coronavirus pandemic | Visa suspension may cost Rs 8,500cr  for travel, tourism, aviation sectors Mar 13, 2020 09:55 AM IST

    Coronavirus pandemic | Visa suspension may cost Rs 8,500cr for travel, tourism, aviation sectors

    Hotels and tour operators have seen a spurt in cancellations particularly after the WHO declared the outbreak a pandemic. Tourists cancelled travel, hitting hotels, airlines and tax collections after the government suspended most visas in a bid to halt the spread of coronavirus.

  • Benchmark indices hit lower circuit with Nifty at 3-year low: 5 factors at play Mar 13, 2020 09:43 AM IST

    Benchmark indices hit lower circuit with Nifty at 3-year low: 5 factors at play

    The Nifty50 breaches 8800 levels for the first time since February 2017, to a 3-year low. The S&P BSE Sensex plunged more than 3000 points to a 3-year low on Friday.

  • The Indian economy before the virus hit Mar 13, 2020 09:40 AM IST

    The Indian economy before the virus hit

    All the data suggest the economy is very weak and inflation is falling -- time for policy makers to boost confidence

  • Coronavirus pandemic | Japan says Olympics on track as Shinzo Abe, Donald Trump hold talks Mar 13, 2020 09:37 AM IST

    Coronavirus pandemic | Japan says Olympics on track as Shinzo Abe, Donald Trump hold talks

    Japan's Nikkei stock market benchmark tanked 10% as panic gripped financial markets, and the economy minister said the government "must take bold and unprecedented steps" to lessen the blow to households and companies from the health crisis.

  • Coronavirus pandemic | Former US President Barack Obama backs event cancellations Mar 13, 2020 09:32 AM IST

    Coronavirus pandemic | Former US President Barack Obama backs event cancellations

    Obama's comment comes after the US NBA season was cancelled

  • Coronavirus pandemic update March 13: No need to give up, says WHO Mar 13, 2020 08:54 AM IST

    Coronavirus pandemic update March 13: No need to give up, says WHO

    Globally, there are 125,048 confirmed cases of COVID-19 and 4,613 deaths, the WHO said in its daily situation report.

  • Market Headstart: No sign of reversal! Nifty could test 9,000 levels Mar 13, 2020 08:51 AM IST

    Market Headstart: No sign of reversal! Nifty could test 9,000 levels

    Trends on SGX Nifty indicate a negative opening for the index in India with a 705 points loss. The Nifty futures were trading flat at 8,774 on the Singaporean Exchange around 08:00 hours IST.

  • Coronavirus pandemic | Disneyland in California to close Mar 13, 2020 08:29 AM IST

    Coronavirus pandemic | Disneyland in California to close

    The giant Disney attraction in Anaheim is the world's second-most visited theme park, drawing tens of thousands of visitors each day. It will remain shut at least until the end of March.

  • UBS cuts India GDP growth forecast to 5.1% for FY21 Mar 13, 2020 08:29 AM IST

    UBS cuts India GDP growth forecast to 5.1% for FY21

    The GDP growth is set to slip to a decadal low of 5 percent for FY20 as per official estimates and hopes of a revival are being pinned on the next fiscal.

  • Coronavirus pandemic | Indian Embassy sets up helplines to address queries on travel restrictions Mar 13, 2020 08:29 AM IST

    Coronavirus pandemic | Indian Embassy sets up helplines to address queries on travel restrictions

    India reported its first death due to coronavirus on Thursday as the number of positive cases soared to 74. The deadly virus that originated in the Chinese city of Wuhan in December last year has claimed over 4,600 lives and infected more than 124,330 people worldwide.

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