The Federal Reserve has taken the extraordinary action of slashing the interest rate effectively to zero in emergency action to prop up the US economy battered by the coronavirus crisis and facing the risk of a recession.
In a bid to ensure the availability of masks and hand sanitisers in the market and their sale at MRP in the wake of the coronavirus outbreak in the country, the Central government has decided to bring both the commodities under the Essential Commodities Act, 1955.
With the total number of coronaVirus cases touching 17 in Maharashtra, Chief Minister Uddhav Thackeray on Friday appealed to all companies to allow their employees to 'work from home' wherever possible.
Facing pressure on their cash flows in the wake of flight cancellations by airlines due to novel coronavirus (COVID-19) pandemic, private airport operators have pitched for putting a moratorium on revenue share for at least three months and levy a fee on air tickets to cover the expenses made towards deploying additional resources for screening international travellers.
The 112 people who were evacuated from Wuhan in China and kept in quarantine at the Indo-Tibetan Border Police (ITBP) facility in Chhawla here have tested negative for the novel coronavirus (COVID-19) and they will start leaving the facility on Friday, officials said
The auto part supply chain disruption due to the lockdown in China over the novel coronavirus (COVID-19) outbreak is expected to critically hamper India's automobile production across all segments, the Society of Indian Automobile Manufacturers (SIAM) said on Wednesday.
The overall death toll in China due to the novel coronavirus increased to 3,012 with a total of 80,409 confirmed cases on Thursday, even as the city of Wuhan, the epicentre of the outbreak in the mainland, has continued strict measures in an effort to curb the virus from spreading any further.
Post the spread of coronavirus (COVID-19) in China, India is receiving queries from the European Union (EU) and the US for textiles, homeware, ceramic tiles, engineering goods, and furniture, seeking to replace China as a supplier.
The coronavirus has killed four more Americans in suburban Seattle, taking the total death toll in the US to six, while New York reported its first case in Manhattan and US President Donald Trump cranked up the pressure on Americas leading pharmaceutical companies to