Once the cases started increasing rapidly in the country, the Centre announced a lockdown on March 24, leaving lakhs of Indians stranded, with nowhere to go.

India will send flights to several countries between May 7 and 13. Among the countries, India is likely to send 10 flights to the UAE, seven flights each to the US, and the UK. Apart from these, India will send five to Saudi Arabia, five to Singapore, and two flights to Qatar

Social distancing will be maintained in lines for amenities, in restaurants, on rides and other facilities and sanitization and disinfection will be boosted, the company said in a news release.

The president emphasised the need to focus promoting medical tourism by highlighting the "successful efforts taken by Sri Lanka to contain the spread of the coronavirus."

Tom Libretto of Pega discusses the rapid evolution from traditional CRM to a real-time customer-centric marketing and sales environment

In the rapidly-growing video marketing space, it's essential to stay ahead of emerging trends

No potato needed

On TV and in the courtroom, Standard & Poor’s has waged war against a US Justice Department lawsuit...

Sharply falling oil prices are a boon to airlines, saving billions of dollars in monthly fuel bills...

The first five books of the Murty Classical Library of India (MCLI), an initiative by the Harvard University...

Jing Yuechen, the founder of an Internet start-up here in the Chinese capital, has no interest in overthrowing the Communist Party...

It cost $1.37 billion, but Standard & Poor’s finally seems to have closed the darkest chapter in its 150-year history as a rating agency.

To Dick Costolo, there’s gold in them thar tweets, and Twitter has just begun to mine it.

Silicon Valley has lately come to the realisation that it is not the meritocracy it has long pretended to be...

For the next four days, a sprawling conference centre here will become the global hub for the telecommunications and technology industries.

Emerging from the desert like a giant steel squid, Abu Dhabi’s new airport terminal is starting to take shape.

In front of a packed audience here, Mark Zuckerberg turned on the charm.

HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs...

Candidates are following a shift in the political debate, from jobs and a fragile economic recovery during the 2012 campaign, to one now centred on income inequality

A minor planet has been named after a Bengaluru student. What are the rules behind such nomenclature?

Defence, water issues and agriculture will top the agenda of talks when Prime Minister Narendra Modi visits Israel next month.

By 2020, more than a third of the desired core skill-sets of most occupations will be comprised of skills that are not yet considered crucial.

In March 2014, the government approved two projects for setting up semiconductor units and also created an empowered committee (EC) for implementation of the projects.

The trial, starting the day before a momentous midterm election, could help rewrite the nation’s political map for a decade.

On November 19, China launched two more Beidou machines, increasing the number in operation to over 40.

People familiar with the Walmart partnership with Deliv said the Deliv drivers had to frequently wait 40 minutes or more to collect grocery orders when they showed up at the store. One reason for that, they said, is because Walmart gives a priority to customers over delivery drivers during regular hours, which complicated the partnership.

It’s been a rough few weeks for the world’s wealthiest man.

As Trump claims to be the first American president to stand up to Beijing, his aides have built a possible deal on a foundation of distrust.

Indonesia’s Lion Air firms up moves to drop a $22 billion order for the 737 in favour of the Airbus jet, according to a person with knowledge of the plan.

Mueller report identified at least 10 instances of potential obstruction of justice by Donald Trump.

The extradition bill, which would cover Hong Kong’s 7 million residents as well as foreign and Chinese nationals in the city, was seen by many as a threat to the rule of law in the former British colony.

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.

Direct Benefit Transfer (DBT) to the poor and vulnerable section of society, hit hard by the coronavirus outbreak and the consequent lockdown, is providing financial support for sustaining during these difficult times.

According to dealers, firms like Reliance Industries (RIL), NABARD, and Tata Steel are likely to hit the bond market on Thursday with an intention to raise a cumulative Rs 15,000 crore.

ESAF has more than 96% of its exposure in the micro-segment with the average ticket size of the loan being Rs 33,000.

The new provisioning requirement has to be made for the March and June 2020 quarters and this will impact their profitability in 2019-20 and 2020-21.

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 

RBI said that the farmers do not have to pay penal interest and at the same time they will continue getting the benefits of the interest subvention scheme. 

The loan moratorium, as suggested by the Reserve Bank of India (RBI) last month and subsequently implemented by various lenders across the country, might be able to provide some temporary relief for now but could also play a hand in changing the credit landscape of the banking sector.

The RBI last month cut the policy rate by 75 basis points to spur growth amid the COVID-19 crisis.

Experts say more borrowers are likely to line up for emergency credit from banks as many businesses will be hit by the slump in demand and zero footfall in the market in the wake of the pandemic.

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.

Union Bank received the stake after Andhra Bank was merged with the Mumbai-based lender, effective April 1.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

“Keeping it open-ended and on-tap would be a better idea than conducting the operation on a pre-decided date. Banks should get enough leeway in deciding how much they want to borrow and when to borrow,” said an expert.

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice.

Earlier in the week, the Reserve Bank had announced Rs 50,000-crore SLF-MF scheme to bailout the mutual funds facing redemption pressure.

China’s central bank has started testing its official Bitcoin-like digital currency DCEP, and the bank is now planning to roll out the virtual money payment system soon.

The RBI, in a press release, said 'financial position of the bank is highly adverse and unsustainable'.