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Coronavirus puts spotlight on looming fiscal deficit

To meet the revised estimates for 2019-20, the central government will have to garner Rs 5.03 trillion in total revenues in March, which has seen the worst phase of the coronavirus pandemic so far......

COVID-19 outbreak credit negative for India's retail industry: Icra

The anticipated adverse impact on the economy and consequent uncertainty around employment prospects is likely to result in lower purchasing power. The Coronavirus outbreak is credit negative for......

Coronavirus outbreak: Airlines seek relief package from govt

Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots. With travel dwindling......

With coronavirus going strong, aviation cos feel the heat

Reduction in fuel price was supposed to bring back good luck for Indian airlines.  But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and......

Inflation jumps to nearly 6-year high; factory output shrinks

The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for......
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Indiabulls Housing and Icra in legal tussle over rating

Unlike the RBI-directed moratorium on payment of all bank ‘loans’, there is no uniform rating relief from the Securities and Exchange... ...
HC restrains ICRA from making public Indiabulls Housing Finance credit score

The interim direction by Justice Sanjeev Sachdeva came on a plea to restrain ICRA Ltd from downgrading IHFL's credit score for not providing some... ...

Over 70 per cent of crucial auto component importers and exporters have faced or are likely to face supply chain disruptions due to Covid-19, said cre ...
Financial sector to see asset quality stress, says Icra

Some of the private banks witnessed 3-10 per cent reduction in their deposit base since the imposition of the moratorium on Yes Bank. ET Bureau |... ...

Lenders with higher share of asset classes such as microfinance, commercial vehicles and small companies will be more vulnerable as their repayment... ...

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