NEW DELHI: The government on Friday extended the nation-wide, coronavirus-induced lockdown by two more weeks from May 4 to May 17. The government has issued
Day: May 1, 2020
‘We need stimulus of 5% of GDP now’: Rakesh Mohan – business news – Hindustan Times
Mohan, who is now a senior fellow at the Jackson Institute for Global Affairs at Yale University, said in an interview that India has the
Reliance to raise ₹53,215 crore – business news – Hindustan Times
The company said earnings were impacted by a one-time loss of ₹4,267 crore due to fall in fuel prices and demand destruction post covid-19. Revenue
Reviving the aluminium industry to challenge China – The Financial Express
The industry is the most apt for creating livelihoods. Govt should consider supporting SMEs in the sector through tariffs to prevent their collapse due to
Sum of all fears: Because of coronavirus, we are no longer worried about many things which frightened us before
The world used to be a fearful place, with no end of things in it to worry and frighten us. There was man-made climate change,
Faster exit needed: Restoration of transport and fiscal package to kickstart the economy are essential–Times of India
The initial 21-day lockdown was extended by another 19 days, and major relief was expected by May 3. Government has now promised some guidelines to
Home loan disbursals come to a grinding halt – The Hindu BusinessLine
Lenders hopeful of demand for housing and loans reviving later in the year Home loan disbursements have come to a virtual standstill amid the national
Fitch downgrade viability ratings of SBI, ICICI Bank, Axis Bank and BoB – The Hindu BusinessLine
Fitch Ratings has downgraded by one notch the viability ratings (VRs) of four large banks — State Bank of India (SBI), ICICI Bank, Axis Bank
Giving teeth to bankruptcy code | Business Standard Column
By adopting a few steps many companies that have no alternative but to go to the NCLT to keep themselves from closing down can be
The Reliance game plan | Business Standard Column
The Facebook investment is a high-stakes gambit with dual possibilities With the crash in oil prices, its structural decline as a commodity is a given.
Say no to banks | Business Standard Editorials
Suspending IBC for an extended period would destroy it Indian banks are reportedly planning to suggest to the government that all the pending cases under
PM Modi finds ways to attract foreign investors to India; suggests ministries to do this – The Financial Express
PM Modi said that the action should be taken for a more proactive approach to handhold the investors. PM Modi discussed strategies to attract more
Crisil expects gross NPAs to rise by 150-200 basis points this fiscal – The Financial Express
Crisil expects GNPAs for the financial year 2020 to remain at 9.5%. Considering the Covid-19 impact, Crisil has projected GNPAs in the range of 11-11.5%
Cement dispatches likely to dip 10% in FY21: Icra – The Financial Express
At pan-India level, cement prices are higher in the northern, southern and western markets by 20%, 5% and by 8%, respectively, in FY20 while the
WHO should be ashamed of itself, it is like a PR agency for China: US President Donald Trump – The Financial Express
The United States, he reiterated, pays the WHO almost USD500 million a year and China pays them USD38 million a year. The Trump Administration has
‘Yes, yes I have’: Trump claims to have proof that coronavirus originated in Wuhan lab | World News,The Indian Express
The Chinese state-backed Wuhan Institute of Virology has dismissed the allegations, and other U.S. officials have downplayed their likelihood. Most experts believe the virus originated
Renew the pledge | The Indian Express
More than ever, the rights of workers, vulnerable need to be secured. The COVID-19 pandemic is haunting the world. It has been devastating the lives
The new deal India needs | The Indian Express
There are no labour-day rallies, celebrations or meetings this year as everyone is under lockdown, fighting the coronavirus through physical distancing. Nevertheless, it is a day for
RIL results: Reliance Industries FY20 profit increases to Rs 39,880 crore–Business Today
The oil-to-telecom conglomerate had posted a profit of Rs 39,837 crore in complete FY19 Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday recorded a 0.1
Reliance Industries to hive off oil, chemicals business into separate unit for sale to Aramco – The Financial Express
China’s arduous efforts to contain the coronavirus have brought a decisive outcome to the fight of defending Hubei and its capital city Wuhan, Xi told
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