Wall Street tumbles after US tops world in COVID-19 cases

New York (IANS) US stocks ended significantly lower amid the fast-growing spread of coronavirus in the country.

On Friday, the Dow Jones Industrial Average slumped 915.39 points, or 4.06 per cent, to 21,636.78. The S&P 500 decreased 88.60 points,…

Cyber security risk increases amid 'work from home' trend

New Delhi (IANS) With companies across the globe turning to work from home, via the online medium amid the COVID-19 outbreak, threats to cyber security have increased.

Deepak Bhawnani, CEO at Alea Consulting said: "Companies, large and small,…

MCA discusses India Inc's concerns with industry bodies

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Saturday said that the Secretary for the Ministry of Corporate Affairs (MCA) Injeti Srinivas has discussed concerns of the India Inc with industry bodies --FICCI, CII, ASSOCHAM and PHD Chamber…

RBI rate cut fails to boost market, Sensex falls to trade in red

Mumbai,(IANS) Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points.

The 30-stock…

RBI cuts key rates to 4.40%, maintains accommodative stance

Mumbai (IANS) The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak.

Accordingly, the Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate,…

ITC limits operations to production of essential items

New Delhi (IANS) FMCG-to-hospitality major ITC on Friday said that its factories are producing only essential items such as flour, buiscuits and sanitisers.

The company, however, said that its manufacturing facilities of essential goods are…

Sensex soars 1,400 points; banking, finance stocks surge

Mumbai (IANS) Buoyed by the first instalment of a fiscal package to contain the economic fallout of Covid-19, investors pushed Indian stock markets higher for the third consecutive day with the BSE Sensex rising over 1,400 points.

Although…

Sameer Aggarwal promoted as CEO of Best Price, Walmart India

Gurgaon (IANS) Retail giant Walmart on Wednesday announced to promote Sameer Aggarwal as Chief Executive Officer of Best Price, Walmart India, saying that Krish Iyer has retired from full-time management and will assume the role of an advisor to Best…

Don't cancel e-tickets on your own: IRCTC

New Delhi, March 25 (IANS) The Indian Rail Catering and Tourism Corporation (IRCTC) on Wednesday appealed to the people not to cancel their e-tickets on their own in case of trains being canceled by the national transporter due to nation-wide lockdown…

Relief rally in markets, Sensex up 1,861 points

Mumbai (IANS) Amid a rebound in the global markets, Indian equity indices surged on Wednesday with the BSE Sensex gaining over 1,800 points to close above the 28,000-mark.

The Nifty50 on the National Stock Exchange also soared 516 points to…