Summary Rajnish Kumar said the nationwide lockdown should only be lifted once the situation is fully under control. SBI Chairman Rajnish Kumar (File Pic) KOLKATA: The
Mukesh Ambani: Asia’s richest man seeks to prove skeptics wrong on debt plan – The Economic Times
The company said it has sought approvals to carve out the oil and chemicals division. The offering comes at a tumultuous time for many companies
Government defers release of April GST collection data – The Economic Times
Summary As per convention, the government releases GST revenue collection number on the basis of cash collection in a particular month. However, with the situation arising
Coronavirus India lockdown 3.0: Govt lifts ban on online sales of smartphones, laptops and PCs but conditions apply – The Financial Express
The Ministry of Home Affairs on Friday extended India’s ongoing coronavirus lockdown by another two weeks after May 4. Smartphones, laptops and PCs fall under
Creating jobs under govt’s employment scheme just got easier; ‘roadblock’ for SMEs removed – The Financial Express
Skill, Labour, Talent for MSMEs: The government has taken a step to simplify the procedure of clearing the proposals and applications of the prospective entrepreneurs.
Trump threatens fresh tariffs on China, blames country for Covid-19 | Business Standard News
Two US officials, speaking on condition of anonymity, said a range of options against China were under discussion US President Donald Trump speaks about the
India to cap stimulus package at $60 bn to protect credit rating: Report | Business Standard News
Fitch warned India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further Health workers wearing protective suits shift to a van the
Facilitate steel sector’s growth to review economy post-lockdown: FICCI | Business Standard News
FICCI further recommended subsidising railway freight by an additional 15 per cent for the next six months with a change in class of iron ore
PM reviews power, aviation sectors amid Covid-19 – The Hindu BusinessLine
Expedite handing over six more airports to under PPP mode’ Prime Minister Narendra Modi on Friday reviewed the position of the power and aviation sectors
HNIs cash in on market crash to raise stake in BSE 500 stocks in March quarter – The Hindu BusinessLine
Banking & financial services stocks most preferred; retail investors on selling spree The sharp decline of over 30 per cent in most stock prices in
Coronavirus lockdown extended by two more weeks: What’s allowed and what’s not in Red zone | India News – Times of India
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
‘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.