NEW DELHI: The government must extend an immediate stimulus of around Rs. 15 lakh crore, which accounts to 7.5% of India’s GDP, to help provide relief to the industry, especially small businesses, the Confederation of Indian Industry (CII) has said. By the time the third phase of the lockdown ends […]

Kolkata: Coal India is incurring daily net cash losses of ₹190-200 crore as sales are down and customers are delaying payment. Before the lockdown, it managed daily cash profits of ₹50-60 crore. Executives said the company will struggle to pay for regular expenditure, half of which goes to pay salaries. […]