Coronavirus Lockdown May Hurt Government’s Plan to Sell Record Bonds
A knock-on effect of the emergency restrictions on India’s financial markets has been the drying up of volumes and a spike in volatility. With India […]
Month: April 2020
4 State-Run Banks In Place Of 10 From Today As Mega Merger Takes Effect
The big consolidation in the country’s public banking sector is part of the government’s plan of making India a $5-trillion economy by 2025. The government’s […]
China Reopens Markets Selling Bats, Pangolins After COVID-19 Effect Dips
China’s “wet markets” have reopened – selling bats, pangolins and dogs for human consumption. The move is dangerous as scientists believe that the Covid-19 causing […]
Sensex Falls 1,000 Points, Nifty Near 8,300 As Financial Stocks Drag Markets
The markets have started FY21 on a negative note, in line with global peers, as India entered an eighth day of a 21-day lockdown to […]
Non-Subsidised LPG Price Cut By Up To Rs 65 Per Cylinder In Metros
Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the […]
After PSU Lenders, ICICI Bank Too Allows Customers To Defer EMIs By 3 Months
The customers will however have to pay interests on the outstanding amount accumulated during the period Private lender ICICI Bank on Wednesday, in an official […]
Asia’s factory activity plunges as coronavirus shock deepens; Japan, South Korea witness sharp fall in exports
Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralyzed economic activity across the globe, with sharp falls in export […]
India’s retail trade incurs losses worth $30 bn last fortnight due to coronavirus pandemic: CAIT
Traders’ body CAIT on Tuesday said India’s retail trade has incurred losses to the tune of whopping $30 billion (about Rs 2.2 lakh crore) in […]
Maruti Suzuki reports 47% decline in vehicle sales in March to 83,792 units; exports log 55% plunge
The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 47 percent decline in sales at 83,792 units in March. The company had […]
COVID-19 Pandemic Most Challenging Crisis Since World War II: UN Chief
The coronavirus pandemic is the most challenging crisis the world has faced since World War II, one that is killing people and will also lead […]