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Page 2057 - Coronavirus

Indices soar 4% on stimulus hopes, end short week with 13% gain

Domestic stimulus hopes, oil talks lift sentiment

Indices soar 4% on stimulus hopes, end short week with 13% gain
Updated On : 09 Apr 2020 | 11:46 PM IST

Bank of Baroda trims MCLRs by 0.15% across tenors; cuts term deposit rates

Among other tenors, the MCLRs from overnight to six month loans have been cut by 0.15 per cent each in the range of 7.40-7.85 per cent

Bank of Baroda trims MCLRs by 0.15% across tenors; cuts term deposit rates
Updated On : 09 Apr 2020 | 11:38 PM IST

As brands step in for relief measures, experts say stay away from publicity

From providing meals and masks to funding medical equipment, it is time to let the work speak for the brand, say experts

As brands step in for relief measures, experts say stay away from publicity
Updated On : 09 Apr 2020 | 11:18 PM IST

Will consider raising duties on fuel and liquor: Manpreet Badal, Punjab FM

Punjab would like to help the Centre in any way possible to deal with the coronavirus disease (Covid-19) pandemic, said state Finance Minister Manpreet Singh Badal

Will consider raising duties on fuel and liquor: Manpreet Badal, Punjab FM
Updated On : 09 Apr 2020 | 11:15 PM IST

Letter to BS: Try opening up economic activities in a staggered manner

The lockdown is also systematically destroying the supply chain mechanism, severely affecting the farming community

Letter to BS: Try opening up economic activities in a staggered manner
Updated On : 09 Apr 2020 | 11:08 PM IST

Basmati prices up 5% during 21-day lockdown even as exports take a huge hit

Exporters, however, are a worried lot as Iran, the top market for Indian basmati, is among the most-affected by the Covid-19 pandemic

Basmati prices up 5% during 21-day lockdown even as exports take a huge hit
Updated On : 09 Apr 2020 | 11:06 PM IST

Letter to BS: The economic costs of the lockdown need to be considered

The Prime Minister needs to take a considered call on this

Letter to BS: The economic costs of the lockdown need to be considered
Updated On : 09 Apr 2020 | 11:05 PM IST

Industrial output at 4.5% in Feb, may shrink in March over Covid-19 crisis

The rise in the Index of Industrial Production (IIP) helped pull up cumulative growth in industrial output to 0.9 per cent in the April-February period of 2019-20,

Industrial output at 4.5% in Feb, may shrink in March over Covid-19 crisis
Updated On : 09 Apr 2020 | 11:04 PM IST

Letter to BS: Exporting hydroxychloroquine does not seem like a good idea

Although India is helping the SAARC nations with supplies, exporting the medicine to 30 other nations does not seem like a good idea

Letter to BS: Exporting hydroxychloroquine does not seem like a good idea
Updated On : 09 Apr 2020 | 11:03 PM IST

Covid-19: Retail lending may not remain steady source of business for banks

Banks and finance companies may do more lending business in the retail segment on the digital platform

Covid-19: Retail lending may not remain steady source of business for banks
Updated On : 09 Apr 2020 | 11:02 PM IST

Jail is safer than bail: Amid pandemic, murder accused denied relief

Bombay High Court refused to grant bail to the accused, saying it could not put him at the risk of contracting coronavirus

Jail is safer than bail: Amid pandemic, murder accused denied relief
Updated On : 09 Apr 2020 | 10:58 PM IST

RBI admits GDP forecasts prior to coronavirus outbreak were off the mark

RBI failed to gauge a greater-than-anticipated contraction in gross-fixed capital formation and continuing weak activity, especially in the rural areas.

RBI admits GDP forecasts prior to coronavirus outbreak were off the mark
Updated On : 09 Apr 2020 | 10:51 PM IST

With accounts in good order, Germany will be a post-coronavirus winner

Fiscally sound governments will be able to pump money into their companies unhindered by state-aid rules

With accounts in good order, Germany will be a post-coronavirus winner
Updated On : 09 Apr 2020 | 10:49 PM IST

Cognizant withdraws FY20 revenue growth guidance amid coronavirus lockdown

Firm builds up war chest by drawing down $1.7 bn worth of revolving credit

Cognizant withdraws FY20 revenue growth guidance amid coronavirus lockdown
Updated On : 09 Apr 2020 | 10:38 PM IST

Bouncing back after Covid-19

The National Infrastructure Pipeline is clearly the mega-stimulus for the post-corona revival effort

Bouncing back after Covid-19
Updated On : 09 Apr 2020 | 10:36 PM IST

Freeze asset quality norms to help borrowers, says RBI director Marathe

In a letter to PM Narendra Modi, RBI director said the lockdown, imposed to contain spread of Covid-19, and the earlier slowdown have disrupted operations of manufacturing units

Freeze asset quality norms to help borrowers, says RBI director Marathe
Updated On : 09 Apr 2020 | 10:36 PM IST

IT sector braces for a rough ride as ISG predicts delay in client spending

According to ISG, the demand contraction is likely to be felt the most in the second quarter (April-June) period of this year, leading to decline in annual contract value (ACV) of IT services firm

IT sector braces for a rough ride as ISG predicts delay in client spending
Updated On : 09 Apr 2020 | 10:19 PM IST

Ramayana helps break lockdown boredom and TRP charts for DD National

Here is a look at TV viewing patterns since the first curfew was announced.

Ramayana helps break lockdown boredom and TRP charts for DD National
Updated On : 09 Apr 2020 | 10:12 PM IST

Marico, Godrej Consumer may see revenue decline in Q4 due to lockdown

Marico said it would see a "modest decline" in its Ebitda for the March quarter due to an unfavourable product mix

Marico, Godrej Consumer may see revenue decline in Q4 due to lockdown
Updated On : 09 Apr 2020 | 10:08 PM IST

Manufacturing firms want partial lift on Covid-19 lockdown to reduce losses

Most of the exporters have the required manpower and had sourced the raw material before the lockdown. All they need now is permission to produce their goods

Manufacturing firms want partial lift on Covid-19 lockdown to reduce losses
Updated On : 09 Apr 2020 | 9:42 PM IST