Category: Business

‘Our income has fallen off a cliff’: how lockdown hits firms large and small

‘Our income has fallen off a cliff’: how lockdown hits firms large and small

Johan Lundgren, chief executive, easyJet For Lundgren, memories of one particular meeting underline just how swiftly coronavirus turned from a distan ...
RBI Measures for NBFCs Unlikely to Boost Credit Flow to Broader Economy: Moody’s

RBI Measures for NBFCs Unlikely to Boost Credit Flow to Broader Economy: Moody’s

The Reserve Bank of India's (RBI) measures to help facilitate funds to the NBFC sector is unlikely to boost the credit flow to the broader economy as ...
Infosys Shares Jump Nearly 5% as Investors Await Q4 Results Announcement

Infosys Shares Jump Nearly 5% as Investors Await Q4 Results Announcement

Infosys Ltd shares jumped nearly 5 per cent in early trade on Monday as investors await the IT company’s earnings announcement for the fourth quarter ...
Rupee Slips 11 Paise to 76.50 against US Dollar in Early Trade

Rupee Slips 11 Paise to 76.50 against US Dollar in Early Trade

The Indian rupee fell 11 paise to 76.50 against the US dollar in opening trade on Monday, amid strengthening of the American currency overseas and sha ...
Fitch Solution Cuts India’s FY21 GDP Growth Forecast to 1.8 pc

Fitch Solution Cuts India’s FY21 GDP Growth Forecast to 1.8 pc

Fitch Solutions on Monday cut India's economic growth forecast for the financial year 2020-21 to 1.8 per cent saying private consumption is likely to ...
HDFC Bank Shares Jump Nearly 6% After Q4 Earnings

HDFC Bank Shares Jump Nearly 6% After Q4 Earnings

Shares of HDFC Bank on Monday surged nearly 6 per cent after the lender posted a 15.4 per cent rise in consolidated net profit for the March quarter o ...
Oil Prices Collapse to Over Two-Decade Lows on Storage Fears, Asia Equities Mixed

Oil Prices Collapse to Over Two-Decade Lows on Storage Fears, Asia Equities Mixed

Oil prices collapsed to more than two-decade lows on Monday as traders grow concerned that storage facilities are reaching their limits, while equitie ...