Even as the number of cases filed under the corporate insolvency process keeps rising, liquidation occurs more often
Migrant workers’ return to their homes may affect some sectors such as construction
Going forward, the bank credit numbers will tell investors whether the economy is picking up
For consumer demand to improve, unemployment has to come down
Peak demand is just about 12 percent lower than last year compared to as much as 35 percent in the early stages of the lockdown
A newly launched industrial activity tracker attempts to show the state of the world as COVID hit. India suffered severe damage, it shows.
Long before the virus struck, loan growth was decelerating, while growth in investment in safe and secure government bonds was rising
PMIs show economic activity in India slumped to its lowest level since the surveys began over 14 years ago
Firms with interest coverage ratio of less than one expected to increase sharply in FY21
Indian stocks are ignoring COVID-19 data
Green zone districts account for a mere 5.9 percent of outstanding bank credit in the country
The crash in oil prices has taken down sugar along with it. But there’s more that signals a tough time ahead for sugar mills.
Bank investments in government securities has soared
It’s very likely they will have to revise them again very soon
Remittances accounted for 2.8 percent of India’s GDP in 2019
A cut in earnings estimates for FY21 may take the sheen off low valuations
IMF says India’s fiscal stance should be eased
Barclays research in its report on the Indian economy stated that the existing restrictions on movement are causing much more economic damage than anticipated.
Due to lockdown restrictions in place, there has been a massive rise in OTT consumption, thus fuelling the demand for internet data.
Governments across the world are throwing deficit concerns out of the window to fight the pandemic
The aggregate expenditure has been classified under three heads – aircraft maintenance, cost of leasing chartered flights and hotline facilities that were on standby during the Prime Minister’s overseas trips