Covid-19’s second wave stings equity markets
In a matter of 41 trading days, since the last life-high on February 16, the second wave of the Covid-19 pandemic has caused between 8% -9.8% correction in the benchmark equity indices until April 19.
coronavirus lockdown
April 2021
March 2021
December 2020
October 2020
September 2020
June 2020
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
The ‘new normal’ for financial services
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.
U.K.’s mutant Coronavirus stings Indian equities
Fears over a new strain of the Coronavirus, discovered in the U.K., hit India's stock market on Monday, with benchmark equities witnessing the hardest fall in the past seven months.
Gold loses lustre as Covid-19 takes a toll
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
RBI managing economic challenges well: report
While gloom prevails across economies, a State Bank of India report says that the Reserve Bank of India has been relatively successful in ensuring financial stability in the market since May.
‘India is Thomson’s fastest-growing market’
In a boost for the Make in India initiative, the brand—owned by French multinational firm Technicolor—says it wants to produce all its appliances in the country.
‘At Vu, values are more important than value’
Devita Saraf, the founder, chairperson, and CEO of Vu Technologies, also said that sustainability is very important for the company.
The secret of Zoom’s success
The company did not disrupt the market as it did not eat into the shares of the existing players but won new buyer groups with its simple, friendly offering.
From lockdown to unlock
The five severe lockdowns in India have paralysed the economy, and the GDP is expected to contract 4% to 6% in FY21, according to various market estimates.
