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Category: Business News

Business News

We are financially strong and well-capitalised: IndusInd Bank

March 18, 20203 min read Lois C. Ferrara

Private sector lender IndusInd Bank has said it is financially strong, well-capitalised and profitable, amid market rumours about the health of the lender after the

Bank, financially, IndusInd, strong, wellcapitalised
Business News

Shutting down of markets is a rumour, says CAIT

March 18, 20203 min read Lois C. Ferrara

PUNE: Amid various rumours of closure of markets in Delhi and other States of the country, the Confederation of All India Traders (CAIT), the apex

CAIT, markets, rumour, Shutting
Business News

BofA cuts March quarter growth forecast to 4% on Covid-19 lockdowns

March 18, 20203 min read Lois C. Ferrara

MUMBAI: Wall Street brokerage Bank of America Securities has cut its March quarter growth forecast by 30 bps to 4 per cent, amid coronavirus pandemic-driven

BofA, COVID19, cuts, forecast, growth, lockdowns, March, quarter
Business News

coronavirus: COVID-19: Government asks CAPFs to axe non-essential leaves of troops, get into ‘battle mode’

March 18, 20203 min read Lois C. Ferrara

NEW DELHI: All non-emergency leaves of paramilitary personnel should be “cancelled” in order to minimise the risk of contracting coronavirus during travel and they should

asks, axe, battle, CAPFs, coronavirus, COVID19, Government, leaves, mode, nonessential, troops
Business News

Coronavirus cases in India: Uttar Pradesh plans cash handouts to soften coronavirus blow

March 18, 20202 min read Lois C. Ferrara

By Vrishti Beniwal Uttar Pradesh, with a population about the size of Brazil, is planning to provide cash transfers to labourers earning wages daily to

blow, cases, cash, coronavirus, handouts, India, plans, Pradesh, soften, Uttar
Business News

Don’t want to meet Digvijaya Singh: MP Cong rebel MLAs

March 18, 20203 min read Lois C. Ferrara

BENGALURU: Rebel Congress MLAs from Madhya Pradesh who are staying at a resort here, on Wednesday said they have come to the city voluntarily and

Cong, Digvijaya, Dont, meet, MLAs, rebel, Singh
Business News

Tariff adoption is new hurdle for green energy cos in India

March 18, 20203 min read Lois C. Ferrara

Indian green power firms can no longer take for granted that the tariffs at which they won projects in auctions will actually be adopted, Ranjit

adoption, cos, energy, green, hurdle, India, Tariff
Business News

View: What makes world economy particularly susceptible to this virus crisis

March 18, 20205 min read Lois C. Ferrara

By Ruchir Sharma Though the US Federal Reserve moved aggressively over the weekend to slash rates, investors around the globe were not comforted. Now the

crisis, economy, susceptible, View, virus, world
Business News

KEC International bags Rs 1,047 crore new orders across various business verticals

March 18, 20201 min read Lois C. Ferrara

Infrastructure firm KEC International on Wednesday said it has secured new orders worth Rs 1,047 crore across various business verticals. The company has secured orders

bags, business, crore, International, KEC, orders, verticals
Business News

India Pakistan: Nawaz Sharif barred Pakistan Foreign office from anti-India comments: Ex-diplomat

March 18, 20202 min read Lois C. Ferrara

NEW DELHI: Former Pakistan prime minister Nawaz Sharif did not allow the country’s foreign office to comment against India and Kulbhushan Jadhav, currently lodged in

antiIndia, barred, comments, Exdiplomat, Foreign, India, Nawaz, office, Pakistan, Sharif

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