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BusinessToday.In
New Delhi, August 7, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Niti Kiran
August 7, 2020
The 30 panellists who participated in the survey expect CPI inflation to fall from 5.2 per cent in the September 2020 quarter to 3 per cent by March 2020 quarter and inch up to 3.3 per cent in the first quarter of 2021-22


Nidhi Singal
August 6, 2020
To assist early detection and management of coronavirus, GOQii has launched a smartwatch that measures pulse oximeter and body temperature


Prasanna Mohanty
August 6, 2020
Most governments across the world incentivise debts to drive business even when it leads to over-borrowing, economic instability, tax evasion and adversely impacts investment in public goods. In contrast, equity-driven business has none of these ill-effects, produces better economic outcomes too


Rupa Burman Roy
August 6, 2020
Globally, markets in Asia and Europe were trading higher on Thursday. European markets rose as investors took cues from corporate earnings but gains were capped as economic data were weaker than expectation.


BusinessToday.In
August 6, 2020
India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.


Prasanna Mohanty
August 5, 2020
India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit


BusinessToday.In
August 5, 2020
Coronavirus impact: The department added that the top 12 growth-driving states have accounted for 85 per cent of the case load, with 40 per cent concentrated in top two growth-drivers, Maharashtra and Tamil Nadu


Nilesh Shah, Group President & MD, Kotak Mahindra Asset Management Company
New Delhi, August 5, 2020
Low-interest rates and return on investment means people will chase yield, go for complex, leveraged products


Viral Acharya, Former Deputy Governor, RBI
New Delhi, August 5, 2020
In an interdependent world, all countries need to do well


Kiran Mazumdar Shaw, Executive Chairperson, Biocon
New Delhi, August 5, 2020
Mining of huge data will enhance the probability of finding new drugs, making India the laboratory of the world


Amitabh Chaudhry, MD & CEO, Axis Bank
New Delhi, August 5, 2020
From using technology to sell financial products to being tech companies that use AI, Big Data and analytics for offering customised services, the banking industry will see a major shift


Niti Kiran
August 4, 2020
Manufacturing PMIs were in the expansionary zone in most European economies while some of the Asian economies including Indonesia, Japan, South Korea registered sharp improvements over June 2020


Rupa Burman Roy
August 4, 2020
Healthy US economic data, record-low interest rates and abundant government stimulus helped indices recover from the recent downtrend and gain momentum. Globally, traders will also keep a track of macroeconomic data by the US


Reuters
August 4, 2020
The full court Fed press for more government spending came as Republicans appeared reluctant to spend much more than the $3 trillion Congress had already committed to bolstering the economy in the face of the virus


PTI
August 3, 2020
According to the house economists at BofA Securities India, this high lending rate is the main reason for the steeply falling credit flows, which conversely also point to a deeper GDP contraction, accentuated by the pandemic


BusinessToday.In
August 3, 2020
Policy rate transmission by banks has been the fastest in history with banks cutting rates on an average by 72 basis points on fresh rupee loans in 4 months, says the RBI Ecowrap report


BusinessToday.In
August 3, 2020
India Stock Market Highlights Today: Kotak Bank, followed by IndusInd Bank, HDFC Bank, ONGC, PowerGrid, Axis Bank, Sun Pharma and Reliance Industries (RIL) were among the top losers today, while Bajaj Auto, Titan, Maruti, M&M and SBI were among the gainers


BusinessToday.In
July 31, 2020
NITI Aayog has recommended the government to privatise three public sector banks - Punjab & Sind Bank, UCO Bank and Bank of Maharashtra


PTI
July 31, 2020
The government had pegged the fiscal deficit for 2020-21 at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the Budget which was presented by Finance Minister Nirmala Sitharaman in February


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