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Category : COVID-19 Business Updates

Home › COVID-19 Business Updates
Economy

All is NOT well with India’s economy: GDP growth may fall to lowest in nearly 30 years

StandardApril 28, 2020by Admin0 Comments

All is NOT well with India’s economy: GDP growth may fall to lowest in nearly 30 years Read more at https://www.financialexpress.com/economy/indias-economy-gdp-growth-may-fall-to-lowest-in-nearly-30-years-coronavirus-lockdown-fitch-india-ratings-1-9-economic-forecast/1941776/

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COVID-19 Business Updates, Financial Services

Coronavirus impact: 60% firms run at less than 25% capacity, says CII

StandardApril 27, 2020by Admin0 Comments

Coronavirus impact: 60% firms run at less than 25% capacity, says CII Read more at https://www.business-standard.com/article/companies/coronavirus-impact-60-firms-run-at-less-than-25-capacity-says-cii-120042601068_1.html

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COVID-19 Business Updates, Financial Services

NBFC Sundaram Finance revises interest rates with effect from May 1

StandardApril 27, 2020by Admin0 Comments

NBFC Sundaram Finance revises interest rates with effect from May 1 read more at https://www.business-standard.com/article/companies/nbfc-sundaram-finance-revise-interest-rates-with-effect-from-may-1-120042700284_1.html

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Banks, COVID-19 Business Updates

COVID-19 pandemic: CARE Ratings expects GDP growth at 1.1% in current financial year

StandardApril 27, 2020by Admin0 Comments

COVID-19 pandemic: CARE Ratings expects GDP growth at 1.1% in current financial year Read more at https://www.moneycontrol.com/news/business/economy/covid-19-pandemic-care-ratings-expects-gdp-growth-at-1-1-in-current-financial-year-5187941.html

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COVID-19 Business Updates, Economy

Coronavirus impact | Govt mulls 6-month pause on GST payments for affected sectors: Report

StandardApril 27, 2020by Admin0 Comments

Coronavirus impact | Govt mulls 6-month pause on GST payments for affected sectors: Report Read more at https://www.moneycontrol.com/news/business/economy/coronavirus-impact-govt-mulls-6-month-pause-on-gst-payments-for-affected-sectors-report-5192001.html

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COVID-19 Business Updates, Economy

Ind-Ra cuts India’s FY21 GDP growth further to 1.9%, lowest in 29 years

StandardApril 27, 2020by Admin0 Comments

Ind-Ra cuts India’s FY21 GDP growth further to 1.9%, lowest in 29 years Read more at https://www.moneycontrol.com/news/business/economy/ind-ra-cuts-indias-fy21-gdp-growth-further-to-1-9-lowest-in-29-years-5193191.html

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COVID-19 Business Updates, Fund Raising

COVID-19 impact | 47% Indian startups, SMEs left with less than 1 month of cash, many out of funds already

StandardApril 27, 2020by Admin0 Comments

COVID-19 impact | 47% Indian startups, SMEs left with less than 1 month of cash, many out of funds already Read more at https://www.moneycontrol.com/news/business/covid-19-impact-47-indian-startups-smes-left-with-less-than-1-month-of-cash-many-out-of-funds-already-5193331.html

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Banks, COVID-19 Business Updates

HDFC acquires 6.43% stake in Reliance Capital

StandardApril 25, 2020by Admin0 Comments

HDFC acquires 6.43% stake in Reliance Capital read more at https://www.financialexpress.com/market/hdfc-acquires-6-43-stake-in-reliance-capital/1939478/

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COVID-19 Business Updates, OTHER INDUSTRIES

Coronavirus pandemic | Centre may permit industry to use ESI funds to pay salaries: Report

StandardApril 25, 2020by Admin0 Comments

Coronavirus pandemic | Centre may permit industry to use ESI funds to pay salaries: Report Read more at https://www.moneycontrol.com/news/business/economy/coronavirus-pandemic-centre-may-permit-industry-to-use-esi-funds-to-pay-salaries-report-5185951.html

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COVID-19 Business Updates, Industry

IT sector revenue growth may hit decadal low due to COVID-19: CRISIL

StandardApril 25, 2020by Admin0 Comments

IT sector revenue growth may hit decadal low due to COVID-19: CRISIL Read more at https://www.moneycontrol.com/news/india/it-sector-revenue-growth-may-hit-decadal-low-due-to-covid-19-crisil-5186751.html

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