RBI should give clear order to stop loan recovery: Ajit Pawar
Pawar, who is also the Maharashtra's finance minister, said the Central bank should issue clear instructions regarding the three-month moratorium. "Banks will not heed just requests. The RBI decisions announced today will partially help revive the economy, which is affected by the coronavirus outbreak," he said.
Market recovery continues for 2nd day on US stimulus
The volatility index (VIX) declined 8 per cent to 76.96, after a high of 86.6 in the pre...
RBI stimulus: Which sectors will gain the most?
RBI has just delivered the biggest rate cut, bringing the repo rate to an all-time low of 4.4...
Auto component industry facing production loss of Rs 1000-1200 crore per day in lockdown
The auto component industry is staring at production loss of Rs 1000-1200 crore per day due to the nationwide lockdown imposed by the government to check the spread of the coronavirus pandemic.
Moody's warns of downgrading Tata Motors
The outlook on ratings under review has been revised from negative, Moody's said.
Share market update: Auto shares gain; Ashok Leyland jumps 6%
The Nifty Auto index was trading 0.93 per cent up at 4982.2 .
Corona recovery in process: Harvey Weinstein 'doing fine' 5 days after testing positive
The disgraced producer has not showed any signs of severe illness so far.
Economic package, NPA relief will benefit bank stocks: Sudip Bandyopadhyay
Expectation of package is cheering the financial services market, said Group Chairman of Inditrade Capital.
Share market update: Auto shares mixed; Maruti Suzuki jumps 8%
The Nifty Auto index was trading 1.9 per cent up at 4782.7 .
Omax Autos shares fall 5% in early session
Shares of Omax Autos Ltd. traded 4.85 per cent down in trade at 10:30 am on Tuesday .
Share market update: Bank, realty stocks rise after RBI cuts repo rate by 75 bps
The repo rate has thus fallen to the lowest ever. Before this, it had hit the lowest point of 4.74% in April 2009 in the wake of the Global Financial Crisis.
ACMA wish list for PM task force to tide over the corona crisis
“With cautious buying sentiment domestically and lockdowns in major export markets, component manufacturers’ working capital to convert to revenues is estimated to touch 90 days (from 56 days in 2019). This shall render manufacturers’ ability to purchase raw materials and utilities null," ACMA said.
Bajaj Auto announces temporary shutdown of manufacturing facilities
Bajaj Auto said it has suspended production at its manufacturing facilities and has also implemented work from home for office based staff while international travels for employees as well as physical meetings have been cancelled.
Share market update: Auto shares gain; Ashok Leyland jumps 10%
The Nifty Auto index was trading 1.79 per cent up at 4709.45 .
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