Gilead’s drug leads global race to find virus treatment
The update on the trials’ progress came a day after the World Health Organization said that remdesivir may be the only effective treatment so far for the disease, which has infected almost 80,000 people and killed 2,663 as of the end of Monday, up by 71from the previous day.
Equity rally not in sync with sick global economy: Jamal Mecklai
If not today, someday soon, something is about to happen simply because the ...
Gold tumbles Rs 954 on strong rupee, global cues
Silver prices also fell by Rs 80 to Rs 49,990 per kg from Rs 50,070 per kg on Monday.
China stocks cap fall on limited domestic impact as coronavirus spreads globally
CSI300's financial sector sub-index fell 0.3 per cent.
Crude oil futures up on spot demand, global cues
West Texas Intermediate was trading higher by 0.45 per cent at $51.66 per barrel.
50% units in Jammu & Kashmir’s industrial zones unused, inactive
As per the government figures, out of 2,547 plots allotted to businessmen in 26 industrial estates, only 1,444 are functional, 323 are non-functional, 479 remain under establishment, 191 units have taken no steps. The situation has worsened for the businesses since J&K Reorganization Bill was passed and communication and Internet curbs were put in place.
Coronavirus could cost world $1 trillion
Investors nervous as economists predict the outbreak could wipe out a huge chunk of global GDP.
Asian shares slump, bonds rally as virus fears grow
The S&P 500 and the Dow Jones Industrial Average both shed more than 3 per cent on Tuesday in their fourth straight session of losses.
Earnings downgrades accelerate on poor Q3
Analysts say such cuts in earnings expectations could further accelerate in April.
Lava to raise $90m from GEM for sub-$150 segment push
GEM group will make the investment over the next 36 months through a share subscription facility, which will allow the company to sell US depositary receipts to the fund house in exchange for drawing down available funds, Lava said in a statement.
Crude oil futures ease on weak global cues
West Texas Intermediate crude oil fell 2.27 per cent at $52.17 per barrel.
India and US ink 3 pacts; decide to take ties to comprehensive global partnership
The unprecedented and historic welcome given to Trump in India will be remembered, Modi said and added that the relations between the two countries are not merely confined to governments but are people-driven. President Trump, in turn, said the last two days in India were amazing, especially the event at the Motera stadium in Ahmedabad.
India is driving Puma’s global growth: CEO
Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products.
Share market update: Fertilizer stocks mixed; Shiva Global Agro slips 6%
The NSE Nifty50 index was trading 26.85 points up at 11856.25.
Gold soars Rs 953 on weaker rupee, global cues
Gold prices soared Rs 953 to Rs 44,472 per 10 gram in the national capital.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service