RBI to meet top bank chiefs on moratorium for NBFCs & MFIs
Lenders not in favour of extending the payment holiday may need to review their decision. – Stocks-Markets-Economic Times
Month: May 2020
UPI transactions see biggest monthly plunge
Popular digital payment channels such as UPI, IMPS, BBPS and NETC all reported record plunge in monthly volumes in a month where the entire country remained in lockdown. – … Read More
Wall Street tumbles as renewed tariff threat adds to uncertainties
All three major U.S. stock averages closed down well over 2%, and for the week they all lost ground. May is often marked by sell-offs, and on the month’s first … Read More
COVID-19 pandemic dents prospects of cement sector
Sustenance of production discipline key to prices, margins – The Hindu – Industry
We want to make it easier to buy things from within WhatsApp: Facebook India MD
‘With Jio, idea is to help shoppers find merchants, reduce friction in discovery’ – The Hindu – Industry
Garment and made-up exporters to get ROSL arrears
DGFT to issue duty credit scrips worth ₹464 crore – The Hindu – Industry
IDFC First Bank to raise ₹2,000 crore
CET 1 to improve to 15.3% from 13.3% – The Hindu – Industry
‘Airlines owe ₹3,700 crore refunds’
Domestic travel may fall by 60%, international by 75%: CAPA – The Hindu – Industry
Coronavirus | Auto industry seeks government nod to restart operations
‘All suppliers crucial to value chain’ – The Hindu – Industry
Automakers remain stationary in April
Most companies report nil or negligible sales on account of the COVID-19 triggered lockdown – The Hindu – Industry