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Kerala cinema halls unlikely to open soon as coronavirus cases peak
Meanwhile, popular comedian and character artiste Suraj Venjaramoodu, who won the Kerala Gov…
The ECB boosted its COVID-19 stimulus package by $606 billion and extended its bond-buying program by nine months
The central bank said it will keep its bond-buying program in place until March 2022, nine months l…
Shalini Nagarajan
RBI Governor wants keep India's monetary war chest dry for future use
After a three-day brainstorming earlier this month, all the six members of the Das-headed Moneta…
PTI
Local shops may open but markets and malls to remain shut in Delhi, says Kejriwal
No markets and malls will be allowed to open in the national capital and all shops in COVID-19 …
PTI
RBI cuts money market trading hours by half to reduce stress on its staff
All markets operations including term money, market repo and tri-party repo in government securi…
A no-deal Brexit will do more damage to the economy than the coronavirus, Bank of England governor warns
Bailey on Monday told MPs it would take the UK economy a "much longer period of time" to adjust to …
Adam Payne
JPMorgan CEO Jamie Dimon says the bank will only need office capacity for 60% of employees post-pandemic
As more Americans get vaccinated and office work returns to normal, JPMorgan is preparing for a fut…
Ben Gilbert
The Bank of England admitted for the first time it's considering negative interest rates, but analysts don't believe it will follow through
"We do not rule things out as a matter of principle," Andrew Bailey, the Governor of the Bank of En…
Saloni Sardana
RBI's promise of 'action' against Coronavirus stokes hope of an interest rate cut
With the rising coronavirus (COVID-19) cases in India and abroad, a policy rate cut expectation is …
Top Indian banks with the biggest chunks of loans to individual borrowers— and coronavirus has triggered a huge risk
So far, the Indian banking system has total non-performing assets (NPA) worth ₹9.36 lakh crore (…
Fed's Powell says US economy is entering bounce-back still clouded by 'significant uncertainty'
"We may be reaching a bottom" on the nation's shutdown phase, Fed chair Jerome Powell said, citing …
Ben Winck
Another stimulus bill is likely needed to revive the economy, Dallas Fed president says
Fiscal relief can only drive so much of a recovery, Robert Kaplan said, noting that testing plays a…
Ben Winck
The coronavirus' resurgence could drag the US recovery into an L- or W-shaped trend, Bank of America says
The bank's economists expect half of the US to be impacted by the coronavirus' second wave when its…
Ben Winck
Indian markets open flat amid mixed global cues
Indian benchmark indices Nifty50 and Sensex opened on a flat note on Wednesday, amid mixed global c…
Maha: Unsuccessful attempt to break open bank ATM in Dombivali
The Punjab National Bank ATM, situated near PendrakarCollege, was however heavily damaged in the ro…
PTI
Here's how Indian banks will operate during the 21-day lock down
Photos show that Indian banks are taking precautionary measures to enforce social distancing within…
The Fed sees near-zero interest rates lasting through 2022 to curb the coronavirus' economic damage
The Fed also pledged to buy at least $80 billion in Treasurys and $40 billion worth of mortgage-bac…
Ben Winck
The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree
The Fed bought roughly $223 million in high-yield ETFs from May 12 to May 18, exposing the central …
Ben Winck
A coronavirus case reportedly sent JPMorgan bankers home with less than a week before even more employees are set to return to the office
When the bank first announced plans for a larger return earlier this month, the move was praise by …
Graham Rapier
OYO Japan saw an occupancy rate of 51% even during the coronavirus pandemic
OYO Japan recorded an average occupancy rate of 51% in the month of March during the coronaviru…