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Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Mon, Jan 06, 2025

Sensex nosedives nearly 1,200 points as HMPV virus fears, FPI outflows, weak global cues, and earnings jitters weigh heavily on markets, with smallcap and midcap indices slipping up to 2%.

India-China troops begin disengagement at 2 friction points in Ladakh

India-China troops begin disengagement at 2 friction points in Ladakh

Fri, Oct 25, 2024

The border standoff between India and China began in eastern Ladakh along the LAC in 2020, sparked by Chinese military actions.

China emerges as India's top import source during April-September 2024

China emerges as India's top import source during April-September 2024

Wed, Oct 16, 2024

China has emerged as India's top import source with $56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data.

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Coronavirus death toll in China climbs to 1,523

Coronavirus death toll in China climbs to 1,523

Sat, Feb 15, 2020

The overall death toll in china reached to 1,523 with a total of 66,492 confirmed cases due to coronavirus.

Business News: Coronavirus impact, Indian generic drugmakers may face supply shortages from China if nCov drags on

Business News: Coronavirus impact, Indian generic drugmakers may face supply shortages from China if nCov drags on

Fri, Feb 14, 2020

Business News Jabruary 14, 2020: The Indian drugmaker, however, said supply has been impacted for a few API products and the company is closely monitoring the situation. It did not identify the products.

Today Business News 14 Feb, 2020: Coronavirus effect, Disembarkation of crew from China ships won't be allowed in India

Today Business News 14 Feb, 2020: Coronavirus effect, Disembarkation of crew from China ships won't be allowed in India

Fri, Feb 14, 2020

Today Business News 14 Feb, 2020: "Disembarkation of crew of ships from China, Hong Kong, Macau, Thailand and Singapore are not allowed in order to avoid any risk of coronavirus spreading here. This condition is applicable in all the Indian ports," S. Senthilnathan, Health Officer, Chennai Port, told IANS.

Coronavirus scare forces shutdown of global brands like Hilton in China

Coronavirus scare forces shutdown of global brands like Hilton in China

Fri, Feb 14, 2020

Coronavirus outbreak is turning out to be a threat for businesses of global brands like Hilton.

Coronavirus death toll in China nears 1,500 with 5,090 new cases

Coronavirus death toll in China nears 1,500 with 5,090 new cases

Fri, Feb 14, 2020

China's coronavirus outbreak hiked new fatalities mostly from the worst-affected Hubei province while the confirmed cases of infection jumped to nearly 65,000.

Business News (February 13, 2020): Coronavirus outbreak in China disrupting global tech sector: S&P

Business News (February 13, 2020): Coronavirus outbreak in China disrupting global tech sector: S&P

Thu, Feb 13, 2020

Business News (February 13, 2020): S&P said it has not taken any rating actions related to the outbreak.

Coronavirus: Everyone is guessing about economic impact, say experts

Coronavirus: Everyone is guessing about economic impact, say experts

Wed, Feb 12, 2020

Coronavirus: Everyone is guessing about economic impact, say experts

China allocates $10.26 billion to fight coronavirus

China allocates $10.26 billion to fight coronavirus

Mon, Feb 10, 2020

China`s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan ($10.26 billion) as of Saturday afternoon to fight coronavirus. The ministry will deploy the funds to ensure that members of public can afford diagnosis and treatment, it said in a statement on its website

Foxconn sees full China production resuming late-February - source

Foxconn sees full China production resuming late-February - source

Thu, Feb 06, 2020

Taiwan`s Foxconn <2317.TW> aims to gradually restart operations at factories in China next week but it could take one to two weeks from then to resume full production due to the coronavirus outbreak, a person with direct knowledge of the matter said

Mitsui CFO: China virus outbreak may slow manufacturing activity

Mitsui CFO: China virus outbreak may slow manufacturing activity

Wed, Feb 05, 2020

Japan`s Mitsui & Co sees China`s coronavirus outbreak possibly slowing manufacturing activity, while slumping commodities prices, including iron ore, may weigh on its earnings, the trading house`s executive said on Tuesday

Coronavirus fight: Millions in China banish virus blues with online games, video apps

Coronavirus fight: Millions in China banish virus blues with online games, video apps

Tue, Feb 04, 2020

Coronavirus fight: Online games and short video apps have been among the few beneficiaries of China`s virus outbreak, raking in millions of views and downloads as people stuck in self-quarantine at home seek entertainment and ways to beguile their time.

Samsung to shut flagship store in China amid coronavirus fears

Samsung to shut flagship store in China amid coronavirus fears

Mon, Feb 03, 2020

Industry observers estimate that the outbreak of the novel coronavirus in China could hamper the global smartphone supply and demand. According to market researcher Strategy Analytics, global shipments of smartphones may be 2 per cent less than expected this year because of the coronavirus outbreak in China.

Coronavirus: Travel advisory urges everyone to refrain from travel to China

Coronavirus: Travel advisory urges everyone to refrain from travel to China

Mon, Feb 03, 2020

Coronavirus Advisory: Cabinet Secy holds sixth review meeting with external affairs, health and civil aviation ministry on Coronavirus; India cancels the e-visa facility for Chinese passport holders. Government has screened 58,658 passengers from 445 flights

Gold price today: Yellow metal slides from near 4-week high on China's 'band-aid' measures

Gold price today: Yellow metal slides from near 4-week high on China's 'band-aid' measures

Mon, Feb 03, 2020

Gold price today, dipped after hitting a near four-week high, as China`s central bank cut reverse repo rates and injected liquidity into markets to help support the economy hit by a rapidly spreading coronavirus outbreak

Asian shares drop, commodities sink on virus fears after Lunar New Year break

Asian shares drop, commodities sink on virus fears after Lunar New Year break

Mon, Feb 03, 2020

Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the coronavirus epidemic will hit demand in the world`s second-largest economy Aiming to head off any panic, the Chinese government took a range of steps to shore up an economy hit by travel curbs and business shut-downs because of the epidemic, including cutting its key interest rate

China will help makers of vital goods resume operations as soon as possible - state TV

China will help makers of vital goods resume operations as soon as possible - state TV

Mon, Feb 03, 2020

China said on Sunday it will help firms that produce vital goods resume work as soon as possible, state broadcaster CCTV reported on Sunday, citing a meeting chaired by Chinese Premier Li Keqiang

China to inject $174 billion of liquidity on Monday as markets reopen

China to inject $174 billion of liquidity on Monday as markets reopen

Mon, Feb 03, 2020

China`s central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak

Coronavirus: IndiGo to suspend Kolkata-Guangzhou flight

Coronavirus: IndiGo to suspend Kolkata-Guangzhou flight

Sun, Feb 02, 2020

Airline major IndiGo will suspend its Kolkata-Guangzhou flight owing to the outbreak of Coronavirus. The airline will suspend Kolkata-Guangzhou flight from February 6 until February 25 and Guangzhou-Kolkata from February 7 until February 26

WHO continues to have confidence in China on controlling coronavirus outbreak: Chinese Envoy

WHO continues to have confidence in China on controlling coronavirus outbreak: Chinese Envoy

Sat, Feb 01, 2020

Chinese Ambassador to India Sun Weidong talked to ANI on World Health Organization’s declaration of coronavirus as global health emergency. “We have noticed the declaration made by WHO. I would also like to quote a few words from WHO Director, ‘this declaration is not a vote of no confidence in China. On the contrary, WHO continues to have confidence in China's capacity to control the outbreak’," said Chinese Ambassador.

218 coronavirus patients have recovered, discharged from hospitals: Chinese Envoy

218 coronavirus patients have recovered, discharged from hospitals: Chinese Envoy

Sat, Feb 01, 2020

Chinese Ambassador to India Sun Weidong informed that as of January 31, 218 coronavirus patients have been recovered and have been discharged. “The epidemic is generally preventable, controllable and curable. We have full confidence and capability to win the battle against the epidemic,” he added. He further said that Chinese authorities are in critical stage of epidemic control. “We've found confirmed cases in 31 provinces, autonomous regions and municipalities in Mainland China, Hong Kong, Macao and Taiwan regions,” said Chinese Ambassador.

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