GDP report to show a damaged economy sliding into recession

The U.S. economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be its last

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Federal Reserve likely to pledge support for ailing economy

With the U.S. economy gripped by its worst crisis since the 1930s, Federal Reserve policymakers are expected to offer sweeping assurances Wednesday that they will act as needed to help prevent the damage from growing even worse

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Welsh Chief Urges UK Government To Rescue Tata Steel's Local Unit

Mr Drakeford said the Welsh government had been in talks with Tata Steel and it was clear the Port Talbot site, the UK's largest steelworks, is important to all parties.

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Moody's Lowers India GDP Growth Projection Amid COVID-19: 10 Points

Credit ratings major Moody's on Tuesday cut its forecast for GDP or gross domestic product expansion in India on account of the economy fallout from the coronavirus (COVID-19) pandemic, which has...

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Crude Oil Rates Rise On Weaker-Than-Expected US Production

U.S. West Texas Intermediate (WTI) crude futures jumped to a high of $13.85 and were up 8.8 per cent, or $1.09, at $13.43 at 0038 GMT,

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David Warner Says Australia "Unlikely" To Tour England And Scotland

Australia opening batsman David Warner has said that the side's upcoming tour of England and Scotland is unlikely to go ahead due to the coronavirus pandemic.

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Gold Rate Edges Higher On Weaker Dollar

Gold tends to benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency debasement.

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Sensex, Nifty Poised To Extend Gains For Third Consecutive Day

Asian shares were cautiously higher on Wednesday as investors paused ahead of the US Federal Reserve's policy decision. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 per cent...

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Alphabet Profit Up 3% In March Quarter Despite COVID-19 Impact

The internet colossus said however the impact of the pandemic began to hit online ads, its main source of revenue and profit, in March.

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Feds: Inmate who gave birth while on ventilator dies

A pregnant inmate whose baby was delivered by cesarean section while she was on a ventilator after being hospitalized for coronavirus symptoms has died in federal custody

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Sensex Steady Around 31,800; Financials Rally, Pharma Under Pressure

At 12:10 pm, the Sensex traded 55.64 points - or 0.18 per cent - higher at 31,797.03 while the Nifty was up 12.35 points - or 0.12 per cent - at 9,293.60.

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Rupee Declines To 76.44 Vs Dollar Amid COVID-19 Crisis

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.10 per cent to 100.13.

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IndusInd Bank Posts 12% Fall In Q4 Profit, Says Loan Book Quality Stable

IndusInd Bank's net interest income - the difference between interest earned and interest expended - rose 44.74 per cent to Rs. 3,231.19 crore compared to the year-ago period.

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