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Drop in health expenditure amid pandemic surprises experts

The ministry of health and family welfare spent Rs 3,948 crore in May this year compared to Rs 7,816 crore in the corresponding month of the previous year. On the other hand, at Rs 12,930 crore,......

India sees new single-day spike as Unlock 1 to begin next week

The nationwide tally of confirmed COVID-19 cases reached 2.17 lakh on Thursday with a record number of over 9,000 new cases getting detected and several states reporting their highest one-day......

Govt mulls extending lockdown as COVID-19 cases near 5k

The nationwide tally of confirmed COVID-19 cases neared 5000 on Tuesday amid hectic discussions for a possible extension of the 21-day lockdown beyond April 14 as several states announced plans to......

How about a Hammurabi Code for financial offences?

Scams happen with high regularity because the price of getting caught is insignificant.Aggrieved investors run from the police to already clogged courts to find redress for issues for which......

Why luxury car market has failed to flourish in India

Cars priced above Rs 25 lakh account for 1 per cent in India's 3 million-car market and the share has remained unchanged over the last five years. Frequent and sudden policy changes coupled with......

Inflation spikes to 8-month high of 7.34% in Sep

Pushed by rising prices of essential kitchen items, the retail inflation rose to an eight-month high of 7.34 per cent in September, making the RBI's task to push growth by reducing the interest......

Covid-19 crisis: Signs of economic recovery fragile, say experts

'The real lifting of the economy will happen only if this momentum sustains in the coming months.' Illustration: Dominic Xavier/Rediff.com Much of the recent data has raised hopes of economic......

States' borrowing: Market fatigue is getting evident

The spreads between state development loans and equivalent-maturity government papers have started widening, and market participants don’t expect them to contract anytime soon. The rise in......
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Icra

For some basic chemicals like caustic soda, soda ash, methanol, among others, Icra expects that volumes are likely to be impacted by 300-500 basis... ...

https://economictimes.indiatimes.com/markets/stocks/news/diversified-product-portfolio-to-reduce-covid-19-slowdown-impact-on-chemical-players-icra/articleshow/78891598.cms
ICRA economist Aditi Nayar

Though the LTC and festival advance schemes will result in a temporary boost to consumer sentiment and economic activity, this would only end up... ...

https://www.moneycontrol.com/news/economy/interview-|-india-fy21-fiscal-deficit-expected-to-be-around-74gdp-icra-economist-aditi-nayar_14406721.html
Muthoot Finance to raise Rs 2,000 crore through NCDs

There are 6 investment options for Secured NCDs with ‘Monthly’ or ‘Annual’ interest payment frequency or ‘on maturity redemption’... ...

https://economictimes.indiatimes.com/markets/bonds/muthoot-finance-plans-to-raise-rs-2000-cr-through-bonds/articleshow/78869820.cms
ICRA

20 08:25:39 AM New Delhi, Oct 25 (IANS): The Indian hotel industry's recovery to pre-Covid levels profits is at least three years away, ratings... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=764475
ICRA

20 11:02:54 PM New Delhi, Oct 22 (IANS): Bulk tea companies are expected to witness material improvement in FY21 over the previous year, on the... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=763836

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