Pegging the cost of the covid-19 lockdown at USD 120 billion (approximately Rs 9 lakh crores) or 4 per cent of the GDP, analysts on Wednesday sharply cut their growth estimates and stressed on the need to announce an economic package. The Reserve Bank of India (RBI), which is scheduled to announce its first bi-monthly policy review on April 3, is set to deliver a deep rate cuts and it should also be assumed that the fiscal deficit targets will be breached, analysts said.
Top losers in the Sensex pack included Tata Steel, Vedanta, Maruti, SBI, Coal India, Tata Motors, Sun Pharma, HUL, RIL, IndusInd Bank, Axis Bank, HDFC duo, ICICI Bank, M&M, Kotak Bank, and Infosys, falling up to 2.89 per cent.
Moreno, who holds a degree from the University of Barcelona in trade and international relations, began working alongside Luis Enrique with Barcelona's B team in 2010 in the scouting department.
The government issued a fresh advisory with a ban on all existing foreign visas, except a few categories like diplomatic and employment, till April 15 in the wake of new positive cases of novel coronavirus in the country.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
Over 20 MPs from across political parties on Wednesday tabled an amendment that would give the prime minister three days to set out a 'Plan B' if the House voted against her Brexit deal next Tuesday.
The merged entity will become the third biggest refiner behind IOC and Reliance Industries.
The overall breadth was negative as 1,786 stocks declined while 1,092 stocks advanced.
Knowing these will save you from taking undue risks, losses and also create wealth in the long run, says Dwaipayan Bose.
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
Three days before the first phase of the Lok Sabha elections, the Bharatiya Janata Party on Monday, April 8, released its manifesto with a focus on development and national security.
Are you debating between buying physical gold and investing in paper gold schemes or ETFs? Anil Rego has the answer
RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.
To participate in an OFS, investors will have to open a trading A/C
The country's top three venture debt firms -- Alteria Capital, Innoven Capital, and Trifecta Capital -- combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket, Cure.fit, Ninjacart, Dunzo and Lendingkart till April end, according to the government's Investindia website.
Vedanta was the biggest gainer in the Sensex pack, rising 4.40 per cent. PowerGrid, Sun Pharma, Yes Bank, Tata Steel, HDFC Bank, Bajaj Finance, ICICI Bank and Bajaj Auto too ended up to 4.12 per cent higher.
In Europe, the Sensex will be traded on the Eurex, the region's derivative leader, controlled by German operator Deutsche Brse and SIX Swiss Exchange AG.
At 80, this Polish woman is still the life of the party -- quite literally! Meet 80-year-old "DJ Wika" who stands behind the decks, mixing party music in a huge Warsaw club.
They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.
Every student of Classes 9 and 10 will receive Rs 2,200 and that of Classes 11 and 12 Rs 7,500 as scholarships, said the manifesto, which was released by Prasad in Ranchi, in the presence of Chief Minister Raghubar Das, Union Tribal Minister Arjun Munda and BJP's state unit president Laxman Gilua.
Barcelona have been linked to a host of forwards during the winter transfer window as they seek experienced backup options for Luis Suarez.
'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'
Firm equity market failed to restrict the rupee's fall against the dollar
'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.
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