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PTI
August 4, 2020
Pinning hopes on the farm sector, the report said, agriculture is set to cushion the shock of the COVID pandemic on the Indian economy in 2020-21


Chitranjan Kumar
August 4, 2020
Analysts at BofA Securities expect the RBI to slash policy rates by 100 bps in FY21 as base case, with 25 bps cut on August 6 to revive the coronavirus-hit economy 


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


BusinessToday.In
August 4, 2020
Similarly, the GDP may have shrunk 5 per cent (YoY) in July as muted e-way bill registration and power generation suggest


Anand Adhikari
August 4, 2020
HDFC Bank CEO Sashidhar Jagdishan takes over the reins from Aditya Puri at a difficult time when COVID-19 outbreak has created uncertainty in the market


BusinessToday.In
August 4, 2020
Sashidhar Jagdishan aka Shashi joined the bank in the year 1996 as a Manager in the finance department. In 1999, he was appointed Business Head of Finance


Joe C Mathew
August 4, 2020
According to Acharya, the loan moratorium facility to borrowers can't go on forever as it's crucial for public sector banks to enforce borrower discipline


BusinessToday.In
August 4, 2020
At present, diesel rates are cheapest in Delhi across India because of the recent decision by the Delhi government to cut VAT by Rs 8.36 per litre


BusinessToday.In
August 4, 2020
India Stock Market Highlights Today: ONGC, followed by ITC, Asian Paints, Reliance Industries, Maruti, Bajaj Auto and NTPC were among the top gainers. On the other hand, IndusInd Bank, HCL Tech, Tech Mahindra, PowerGrid and Bajaj Finance were among the laggards.


Reuters
August 4, 2020
A staggering 30.2 million Americans were receiving unemployment checks in early July.


PTI
August 3, 2020
The turnaround journey of the company's domestic business has also been disrupted in 2019-20 as demand deteriorated sharply on the back of an abruptly slowing economy coupled with the spread of COVID-19


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


PTI
August 3, 2020
Coal India has excavated 88.46 M CuM of OBR in July this year as against 71.85 M CuM in July 2019, the PSU said in a statement


Nidhi Singal
August 3, 2020
With consumers restricted to their homes due to the outbreak of COVID-19, there has been a significant growth in OTT content consumption


Reuters
August 3, 2020
A further decline in new orders and output signaled weakness in overall demand despite factories again cutting their prices, leading firms to reduce their workforces for a fourth month in a row


PTI
August 3, 2020
The US economy shrank at a 32.9% annual rate between April and June as the country grappled with lockdowns and spending cutbacks during the pandemic


BusinessToday.In
August 3, 2020
Amid the demand for one-time loan restructuring by industry leaders, many experts believe the RBI could decide against rate cut this time


Reuters
August 3, 2020
Growth rebounded in the second quarter after a record contraction in the first quarter, but analysts are looking for signs that the recovery is being fuelled by more than just temporary, pent-up demand and state-led stimulus


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


Reuters
August 3, 2020
The countries facing \"more severe\" effects are those where the share of remittances to the gross domestic product and per capita remittances are high, such as Tonga, Samoa and other Pacific nations


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