Facebook buys 9.99 percent stake in Reliance Jio Platforms for Rs. 43,574 Crore
Social networking site Facebook on Wednesday announced that it has bought a 9.99 percent stake in Mukesh Ambani’s digital operation Reliance...Read More
Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts
Clearly We Have Entered Recession That Will Be Wore Than 2009, Says IMF Chief
With the worldwide economic 'sudden stop,' the IMF chief said the fund's estimate 'for the overall financial needs of emergi...Read More
RBI Decision On Moratorium On Term Loan Payments Big Relief, Will Help Reduce Financial Stress On Borrowers
The central bank also announced a massive 75 basis points cut in repo rate to counter the economic slowdown caused by the COVID-19 pandemic....Read More
Moody's Slashes India's GDP Growth In 2020 To 2.5% Due To Coronavirus Impact
Moody's said India is likely to see a sharp fall in incomes at the estimated 2.5 per cent growth rate from Outlook India https://ift....Read More
Rate-Sensitive Bank, Realty Shares Gain After RBI Announcements
The Reserve Bank of India (RBI) on Friday cut benchmark interest rate by 75 basis points to 4.4 per cent to in wake of the outbreak of COVID...Read More
RBI Reduces Key Repo Rate By 75 Basis Points To 4.4% Amid Coronavirus Lockdown
CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system from Outlook India https://ift.tt/2xuKm...Read More
Coronavirus Lockdown: Amazon, Flipkart, Paytm Mall Stop Taking Orders For Non-Essential Items
Amazon India on its website said that pending deliveries of orders will be delayed in the ongoing situation of extensive lockdowns and restr...Read More
Experts Peg India’s Cost Of Coronavirus Lockdown At Rs 9 Lakh Crore, Urge Govt To Announce Economic Package
Experts suggested soft loans to smaller businesses, loan restructuring and cash transfers as the possible tools the government can adopt as ...Read More
Centre Announces Economic Relief Measures Amid Coronavirus Lockdown
The Finance Ministry said an economic package was being worked out which will be announced soon. from Outlook India https://ift.tt/2UDqUj...Read More
Govt Extends Tax Deadlines To June 30 In View Of Lockdown Due To Coronavirus
The government has also extended the last date for linking PAN with unique biometric ID Aadhaar to June 30 from March 31. from Outlook In...Read More
Sensex, Nifty Volatile After Early Gains On Fed Relief Measures
After rallying 1,481.63 points, the BSE barometer gave up some gains to trade 443.27 points or 1.71 per cent higher at 26,424.51. from Ou...Read More
Loyalty Test: Time For Indian Businesses To Fund Fight Against Coronavirus
Indian business is fighting the current crisis with the funds that would have flowed into the government’s exchequer if the tax cut had not ...Read More
Sensex Plummets 3,900 Pts, Ends Below 26,000; Nifty Inches Towards 7,500
Stock exchanges paused trading for 45 minutes after Sensex plunged 10 per cent, hitting its lower circuit limit, within the first hour of op...Read More
Corporate debt loads a rising risk as coronavirus hits economy
A gyrating stock market is seizing headlines as the coronavirus threatens corporate profits and economic growth. Yet it's in the normall...Read More
Current State Of Equity Markets: A Blessing In Disguise For Long Term Investors
The impact of Coronavirus and Yes Bank crisis should be seen as a blessing in disguise as it has acted as a catalyst in cooling down the val...Read More
Working To Restore All Services As Soon As Possible: Yes Bank Administrator
The Yes Bank administrator said the bank staff is working hard so that all banking services could be restored at the earliest. from Outlo...Read More
Market Mayhem: Sensex Plunges 1,941 Pts As Coronavirus Fears Intensify
The market is seeing record fall amid volatility due to rapidly-spreading coronavirus and free falling oil prices from Outlook India http...Read More
Asia Stocks Plunge On Coronavirus Fears, Fall In Oil Prices
The foreign exchange markets were also extremely volatile, with traders snapping up the yen and selling off the dollar. from Outlook Indi...Read More
Yes Bank Crisis: ED arrests founder Rana Kapoor under money laundering charges
The Enforcement Directorate (ED) arrested Yes Bank founder Rana Kapoor under money laundering charges in the wee hours of Sunday, officials ...Read More
SBI Board gives 'in-principle' approval for investment in Yes Bank
The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board...Read More
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