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Have minimised COVID-19 spread, cut transmission: Govt

Asserting that the ongoing lockdown has helped minimise the spread of coronavirus, the government on Thursday said the recovery rate among COVID-19 patients has almost doubled in last the ten days......

'Lockdown unlikely to contain COVID-19 surge in India'

India extending the nationwide lockdown by nearly three more weeks to May 3 is unlikely to stem the surge in coronavirus infections and economic and humanitarian crisis will exacerbate due to slow......

Focus shifts to rapid testing as India's COVID-19 tally rises to 2,547

Ramping up their efforts to contain the COVID-19 outbreak, authorities on Friday announced exclusive isolation wards and initiated rapid tests in areas identified as hotspots of the infection while......

FATF retains Pakistan in Grey List; warns of action

Putting Pakistan on notice, the international terror financing watchdog Financial Action Task Force (FATF) on Friday warned it will be blacklisted if it does not control terror funding by February......

Terror financing watchdog decides to keep Pak in 'Grey' list

The FATF continuing Pakistan in the 'Grey' list means its downgrading by the International Monetary Fund, the World Bank, the Asian Development Bank, the European Union and also a......

India among world's worst performing economies: Abhijit Banerjee

Stating that India's economic stimulus was not adequate, Banerjee said, the measures did not increase consumption spending of lower income people as the government was not willing to put......

OECD raises prospects for global GDP, cuts it for India

While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent. Illustration: Dominic Xavier/Rediff.com The Organization for Economic Co-operation and......

S&P projects Indian economy to contract 9%

The rating agency said, rising COVID-19 cases in India will keep private spending and investment lower for longer. Illustration: Dominic Xavier/Rediff.com S&P Global Ratings on Monday slashed its......

Indian economy to contract 11.5% in FY21, says Moody's

For 2021-22, it projected the economy to clock a growth of 10.6 per cent. Illustration: Dominic Xavier/Rediff.com Moody's Investors Service on Friday slashed India's growth projection for the......

Indian economy to contract 10.5% in FY21: Fitch

In Q1, India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of a stringent nationwide lockdown. Illustration: Dominic Xavier/Rediff.com Fitch Ratings on Tuesday slashed......

Sports Shorts: F2 driver says 'halo' saved his life

IMAGE: F1 driver sports a halo. Photograph: Albert Gea/Reuters Japanese F2 driver Tadasuke Makino reckons the new 'halo' head protection device, which made its debut in the junior series and......
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Vodafone Idea dials US credit funds as part of money-raising plan

Kolkata| Mumbai: Vodafone Idea (Vi) has dialled top US credit funds to garner a sizable chunk of the ₹25,000 crore ($3.4 billion) it plans to... ...

https://economictimes.indiatimes.com/industry/telecom/vi-dials-us-credit-funds-as-part-of-money-raising-plan/articleshow/78818996.cms
Fitch withdraws Jain Irrigation rating

Fitch Ratings has withdrawn India-based micro-irrigation company Jain Irrigation Systems Limited's (JISL) Long-Term Issuer Default Ratings (IDR) of ' ...

https://www.thehindubusinessline.com/markets/stock-markets/fitch-withdraws-jain-irrigation-rating/article32806217.ece
Fitch Ratings

In the recent past, the industry’s total revenue declined 6 per cent QoQ during the April-June period, according to the National Association of... ...

https://economictimes.indiatimes.com/markets/stocks/earnings/it-services-sector-to-see-high-single-digit-revenue-growth-in-2021-fitch-ratings/articleshow/78510317.cms
Trump may just have done Indian firms a favour

By Maria Abi-Habib and Karan Deep SinghWhen President Donald Trump suspended a raft of visa programs in June, including temporary permits for... ...

https://economictimes.indiatimes.com/nri/visa-and-immigration/trump-cracks-down-on-visas-indian-firms-may-benefit-/articleshow/78467726.cms
Remittance boom is turning into a bust for Asia, emerging markets

Remittances to APAC will drop 12% in the second half of 2020 compared with the same period last year, say Fitch Ratings ...

https://www.thehindubusinessline.com/money-and-banking/remittance-boom-is-turning-into-a-bust-for-asia-emerging-markets/article32666254.ece

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