Page 2018 - Coronavirus
Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis
From being classified as NPAs after 90 days of overdue, the central bank raised the period to 180 days
 "Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis")
Q4 earnings preview: Nifty50 firms' net profit likely to decline 19%
Top brokerages expect a 19 per cent year-on-year (YoY) fall in the combined net profit of India's top 50 listed companies, while their combined net revenue may decline by 5.2 per cent in Q4
 "Q4 earnings preview: Nifty50 firms' net profit likely to decline 19%")
IBA to discuss the issue of giving a moratorium to NBFCs on Saturday
A senior executive of a public sector bank said the IBA's management committee meeting would discuss the issue of giving a moratorium to finance firms.
 "IBA to discuss the issue of giving a moratorium to NBFCs on Saturday")
Covid-19: In fight against economic slowdown, RBI introduces new measures
RBI tries to discourage banks from sitting on their liquidity, makes it mandatory to lend to small and medium NBFCs money raised from liquidity window
 "Covid-19: In fight against economic slowdown, RBI introduces new measures")
Crude oil sheds over 7% on global cues, bullion take a beating too
Traders book profit on gold and silver, MCX crude futures follow WTI, which hit a 21-year low of $18 a barrel
 "Crude oil sheds over 7% on global cues, bullion take a beating too")
RBI measures, global markets surge propel Sensex, Nifty to one month high
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
 "RBI measures, global markets surge propel Sensex, Nifty to one month high")
The other side
In these days, when life is as though suspended, I feel like a person standing on that bridge from Garouste's painting. Neither on this side nor on that
Re-imagining and re-building the police brand
Knights in khaki. That is the new avatar of the police in India
The spreading panic of incarceration
What the extended lockdown has brought into harsh view are the precarious levels of urban existence
Paytm to give ESOPs worth Rs 250 crore this year, hire 500 people
The exercise, which will be completed over the next 3-4 months, will include high performing employees as well as new hires, Paytm said.
 "Paytm to give ESOPs worth Rs 250 crore this year, hire 500 people")
Dangerous crossroads: Extraordinary steps have the habit of becoming habits
Printing money to fund crisis measures is not without risk; countries like the US might get away with it, but the price for excess is always greater for a developing country, writes T N Ninan
Tour operators demand full refund of air tickets booked during lockdown
The nationwide lockdown to curb spreading of coronavirus infections has been extended till May 3. Initially, the lockdown, which began from May 25, was to end on April 14
 "Tour operators demand full refund of air tickets booked during lockdown")
Fitness, health startup Cure.fit launches grocery delivery services
The firm will deliver ready to cook meals, staples like pulses, atta, and spices, dairy products, and nutrition products
 "Fitness, health startup Cure.fit launches grocery delivery services")
E-commerce firms woo sellers with offers ahead of resuming operations
Amazon has already announced waiver of commissions for small sellers by almost half, larger rival Flipkart said that it is taking proactive steps to settle the payments related to cancelled orders
 "E-commerce firms woo sellers with offers ahead of resuming operations")
The fascinatingly awful Turkish superhero films of a few decades ago
Starting in the late 1960s, Turkey produced a number of low-budget, high-octane superhero and adventure movies
 "The fascinatingly awful Turkish superhero films of a few decades ago")
Coronavirus makes Amazon do the unthinkable: Nudging customers to buy less
Amazon is suppressing extraneous consumption in various ways, according to a report in the Wall Street Journal.
 "Coronavirus makes Amazon do the unthinkable: Nudging customers to buy less")
RBI's reverse repo cut big, but banks must increase risk appetite: Experts
DBS Bank India Economist Radhika Rao said the reduction in the reverse repo rate is meant to prod banks to consider lending activity rather than park funds with the central bank
 "RBI's reverse repo cut big, but banks must increase risk appetite: Experts")
Covid-19: Harsh Singhania says only a stimulus package can revive economy
"Even if we start producing, where is the transport, supply chain and customers? If shops are not open, then it makes no sense to keep producing and stocking in the factory sites," said Singhania.
 "Covid-19: Harsh Singhania says only a stimulus package can revive economy")
Containment ops to be cut if no secondary Covid-19 case for 4 weeks: Govt
The closing of the surveillance for the clusters could be independent of one another provided there is no geographic continuity between cluster
 "Containment ops to be cut if no secondary Covid-19 case for 4 weeks: Govt")
Possibilities of escaping your room amid lockdown are endless. Read books
Who wants to read about disease, or be reminded of one's mortality, during a pandemic?
 "Possibilities of escaping your room amid lockdown are endless. Read books")