Top 10 biz headlines: Govt's 2nd stimulus, Moody's growth estimate and more

Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society

Moody’s Investors Service has slashed India growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March. Axis Bank is looking to purchase around 556 million shares of Max Life Insurance at a price of Rs 28.61 per share. Here are the top 10 headlines this Wednesday morning:

India Inc wants govt to shift focus to economy amid Covid-19 outbreak

As the Centre remains undecided about its strategy to exit the lockdown, chief executive officers (CEOs) of top Indian companies have warned the government of an imminent depression in the economy and suggested that firms