Loan recasts to only defer problem, not solve it: S&P
NPAs may zoom to 14% due to COVID-19, says agency – The Hindu – Economy
Month: July 2020
Uniform stamp duty for deals in securities
The Finance Ministry on Tuesday said States will collect stamp duty at a uniform rate on transactions of shares, debentures and other securities from – The Hindu – Industry
ONGC reports first-ever quarterly loss
State-owned Oil and Natural Gas Corp (ONGC) on Tuesday reported its first-ever quarterly loss after it took an impairment on the slump in oil and gas – The Hindu … Read More
Banks sanction ₹1 lakh-cr. loans to 30 lakh MSMEs
‘₹45,860 crore disbursed till June 26’ – The Hindu – Industry
L&T despatches cryostat lid for $20 billion global fusion project
Vessel’s function is to provide cooling to fusion reactor, keep very high temperatures under control – The Hindu – Industry
‘COVID claims 3 times higher than average’
General Insurance Council working on standardising treatment rates, says Chola MS MD – The Hindu – Industry
External debt rises $15.4 billion to $558.5 billion in March
U.S. dollar-denominated debt remains largest component of the external debt – The Hindu – Economy
Current account sees a small surplus as trade deficit shrinks
Sharp rise in net invisible receipts also helped, says RBI – The Hindu – Economy
Govt.’s liabilities rise to ₹94.6 lakh cr. in Jan.-Mar.
Public debt accounts for 91%: FinMin – The Hindu – Economy
Fiscal deficit at 58.6% of target in two months
India’s federal fiscal deficit in the first two months through May this financial year stood at ₹4.66 lakh crore ($61.67 billion), or 58.6% of the bu – The Hindu … Read More