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Crisis-hit Sri Lanka lifts state of emergency after 2 weeks

The Sri Lankan government lifted the state of emergency from Saturday, nearly two weeks after it was imposed across the island nation as it faced unprecedented economic and anti-government......

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......

India's CV sales volume to reach close to 1-mn units by FY24: Fitch

Domestic commercial-vehicle (CV) sales volume will witness significant growth over the next few years and the overall CV volume is likely to reach close to 1-million units by FY24, a report said on......

ADB cuts India's GDP forecast for FY23 to 7%

The Asian Development Bank (ADB) on Wednesday slashed India's GDP growth forecast for FY23 to 7 per cent from the earlier estimate of 7.2 per cent mainly on account of higher inflation and a tight......

Fitch slashes India's FY23 GDP growth forecast to 7%

Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high......

Debt-funded acquisitions can put pressure on Adani ratings: S&P

Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings......

Repayment pressure to test banks' loan underwriting quality: Fitch

Mounting repayment pressure for some borrowers, particularly micro, small and medium-sized enterprises, amid India's interest rate hikes will test banks' loan underwriting quality, Fitch Ratings......
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