India Inc. welcomes resumption of economic activity in lockdown 3.0
Seeks revival package to put economy on growth trajectory – The Hindu – Economy
Month: May 2020
Buffett’s Berkshire takes $69b hit on stock portfolio in Q1, shifts money to treasuries
The company sold $6.1 billion worth of shares in April, the earnings report showed. – Stocks-Markets-Economic Times
Dalal Street week ahead: Nifty may have hit a wall; time to turn defensive
The coming week will begin on a weak note on Monday, as Nifty will have to adjust to a weak global setup. – Stocks-Markets-Economic Times
RBI Guv Shaktikanta Das discusses credit flow to MFs, NBFCs, MFIs with bank CEOs, MDs
Independent estimates peg the funding gap for NBFCs at Rs 60,000 cr despite RBI’s efforts. – Stocks-Markets-Economic Times
ICICI Lombard Q4 results: Net profit rises 23.8%, premium income drops
The underwriting loss reduced to Rs 29.42 crore in Q4FY20 as compared to Rs 49.70 crore in the year-ago period. – Stocks-Markets-Economic Times
RBI Governor Shaktikanta Das meets heads of banks, reviews economic situation
During the meeting, among other matters, review of the current economic situation and stability of the financial sector among other things were discussed. – The Hindu – Economy
RBI Governor Shaktikanta Das meets heads of banks, reviews economic situation
During the meeting, among other matters, review of the current economic situation and stability of the financial sector among other things were discussed. – The Hindu – Economy
ICICI Lombard Q4 net rises 24% to ₹282 cr
The non-life insurer had posted a net profit of ₹228 crore in the corresponding period of 2018-19 – The Hindu – Industry
Berkshire Hathaway Q1 results: Buffett’s company posts record net loss on coronavirus, operating profit rises
Berkshire’s first-quarter net loss totaled $49.75 billion, or $30,653 per Class A share, reflecting $54.52 billion of losses from investments. – Stocks-Markets-Economic Times
Indian market won’t test March lows but expect a big correction: Mark Mobius
We are at the cusp of another bull market, says the Founder of Mobius Capital Partners. – Stocks-Markets-Economic Times