India's oil import bill is expected to fall by a sharper 10% in FY20 as the increasing spread of Coronavirus and now the fallout of talks between OPEC and Russia has depressed the crude oil prices to about $30 a barrel now.
The virus which has claimed over 3000 lives is beginning to unfold in India. A school in Noida has been put under quarantine, and six other people in Agra are also being tested. While the government comes up with measures to deal with the outbreak, tune in to find out what precautions you can take to be safe.
In light of the fresh cases in Delhi and Telangana, the Health Ministry has raised security and screening at all entrances to the country, and has asked people not to panic. We've listed all the myths we've heard to battle the misinformation.
The death toll in Delhi reached 32 today morning, injuring over 200 people. Delhi CM Kejriwal announced that the state government would be expanding the scope of their accident insurance scheme to include people affected in the riots. This and more in today's rundown.
With seven casualties, clashes in Delhi escalated today. On the other side of town, US President Donald Trump signed a 3 billion dollars deal with Indian Prime Minister Narendra Modi. This and more in today's podcast.
Ahead of his India visit on February 24, Trump has said he isn't very happy with how India treats him but promised that there would be a big big deal on the horizon. Listen in to the podcast for this and more stories.
As Sanofi partners with the United States, hopes are rising that work could be sped up on beating the coronavirus, even as companies across the country - and the world - hatch plans to work around supply disruptions.
As China struggles to contain the coronavirus, the world's numerous connected trade routes have taken a beating - with Apple being the latest to announce a delay in delivering products. Listen in for all the impact the virus has had.
While Voda struggles to pay its AGR dues, Moody has slashed India's growth rate again to 5.4%. In other news, the Supreme Court has ordered women officers to be given permanent commission in the Army, and also said that the Shaheen Bagh protests cannot block public roads. This and more in today's podcast
As the death toll increases, reports about the new coronavirus are still filled with uncertainty. The virus is affecting the market as well, as Chinese yuan and Australian dollar took a hit. This and more in today's podcast.
The new year has brought some good news, as Air India saw a 20 per cent increase in revenue. However, the Tata vs Mistry feud is still ongoing, as courts open only on 6th January, so we will have to wait and see if Tata Sons' appeal wins or not. This and more in today's podcast.
The first batch of imported onions weighing 790 tonnes reached India, while the next shipment is due in end of December. Meanwhile the FinMin has refused to share Swiss bank details of Indians. Tune in to know more!
The Reserve Bank has hatched a plan to lower interest rates. The central bank will sell bonds close to maturity and buy bonds that mature later. Mahindra has set a succession plan in motion. This and more in today's podcast.
The preliminary trade deal between the US and China helped markets rally, as India’s 70 basis point rise in the Emerging Markets Index has only added to the cause. While Delhi Police have confirmed that none of the people arrested at the protests yesterday were Jamia Millia Islamia students, but protests rage on across the country.
Violent protests, water cannons, tear gas - while the Houses debated the gains and losses of the Bill, people in Assam took to the streets to show their resentment. And the reason for this resentment? Its simple really, they don't want an influx of migrants in their state.
With souring onion prices, economists and policymakers are losing sleep. The Social Security Bill has been introduced in the House, which could mean more money in your hands. This and more in today's podcast.
Following a heated debate in Lok Sabha on the passage of contentious Citizenship (Amendment) Bill, today's special podcast tells you more about the Bill and what it does and does not do to the idea of India.
As the slowdown deepens further with GDP dipping to 4.5% in the second quarter, tune in to the expert reaction by Kaushik Das, Chief Economist at Deutsche Bank, inside the podcast! GDP figures stand at 4.5% in Q2 compared to 5% last quarter, while the Gross-Value Added stands at 4.3% ending Q2. Tune in to hear what our expert has got to say!
In anticipation of the GDP numbers on November 29, Economic Times talked to Chief Economist at CARE Ratings, Madan Sabnavis, about his predictions and expectations from the GDP figures and where the economy is headed.
Live updates at 1800 hours: After initial round of talks with Sena and NCP, Congress buys more time for further talks and meanwhile, Uber plans to feed you through its 'cloud kitchens'. Tune in to the podcast!
Ratings firm Moody's downgraded India's credit ranking outlook from stable to negative. But the Government believes otherwise. So where is India's economy really headed? What do the numbers mean? This and more in today's special podcast
The National Capital is facing a collective death sentence in the form of pollution. Is it stubble burning, is it your car, is it the crackers we burnt, is it our netas? Listen to the Special Podcast for more on the burning issue.
Market set a new record with Sensex crossing its all-time high during trade today. Yes Bank stocks shot up in the wake of their announcement of a binding investment. Meanwhile Cognizant is laying off some 7000 employees.
While Indian PM Narendra Modi and Chinese President Xi Jinping meet at Panch Rathas complex in Mahabalipuram (probably to discuss trade wars), US embassy made an announcement on H1-B Visa. To find out more, tune in to the ET Daily Rundown!
With the IMF Chief announcing that the global economy is in a synchronised slowdown, it seems India isnt the only country struggling. Heatwaves are in the cards, and so is a "Great Green Wall". More on today's podcast
RBI Governor Shaktikanta Das spent the day announcing another cut in repo rate -bringing it down to 5.15%, reducing the GDP estimates, and assuring investor to not worry about their savings with regards to the PMC crisis. Tune in for more details.
Diwali came early for India Inc and the bourses after the Centre slashed effective corporate tax to 25.17 per cent, inclusive of all cess and surcharges, for domestic companies. For more, tune in to the special podcast.
Sensex tanked 470 points and Nifty slipped to 10,700. Transport associations in Delhi called for a strike as a protest against the steep hike in penalties for road traffic violations. ISRO is still trying to revive communication with the Vikram Lander. For more tune in to the Daily Rundown.
America is all set to say Howdy Modi this weekend. US Pres Donald Trump will join Modi on stage at the rally in Texas. The RBI’s mandate on loans goes into effect from the beginning of next month. This will see banks link their loans to an external benchmarks. For more updates, tune in to the Daily Rundown!
While Zomato puts an end to 'infinity dining' for Gold users, it plans to launch 18 original videos on its app. GST Council may lower levies on auto and FMCGs as demanded by the sectors. UP state treasury deems the chief minister and his council to be 'poor'. Find out more in this rundown.
Tired of explaining your location to the delivery executives? Worry no more. Flipkart has solved the great Indian address puzzle. Meanwhile, Hangzhou hosts a farewell for Jack Ma as he retires as the chairman of Alibaba Group. More exciting news ahead, tune in to the rundown.
Monday was the bitter most in 22 years for India's motown, the worst-ever drop in August with despatches in all segments. But Monday turned out to be sweet for PwC that's been trying to get its name off the Satyam accounting scam.
With banks welcoming the latest government's move to consolidate state-owned banks, there goes a raging debate on whether the economic downturn is cyclical or structural. Past experiences have taught us that fiscal stimulus inspires more confidence in the economy than monetary easing. As Keynes would have said, "There's many a slip between the cup and the lip"
While Apple will soon launch its first webstore in India, Aircel has laid off 1,000 of its employees. The auto sector will need more reforms than the ones FinMin has suggested to pull through, and many more in today's rundown.