What happens when 2nd 3-month moratorium ends in August?
The month of September, when loan repayments must resume, will be a time of reckoning for India’s banks.
Life in a lockdown
Stricter lockdown on weekends in Uttar Pradesh
The Uttar Pradesh govt has decided to impose a stricter lockdown across the state on weekends to stop the COVID spread, a senior official said.
TRAI doesn’t want Airtel, Voda Idea to go premium
Trai blocked premium plans that offer faster data, saying these could lower quality of mobile services.
Indian economy showing signs of normalcy: RBI Governor
Covid may lead to higher NPAs and capital erosion of banks, while MFs may turn a stress point, Das has said.
Sebi issues notices to Franklin Templeton
In the show-cause notices to Franklin Templeton AMC and its trustees, the regulator alleged code of conduct violations said people with knowledge of the matter.
President Trump wears mask for the first time in public
Yielding to pressure, US President Donald Trump was finally seen wearing a face mask in public for the first time since the pandemic took over the country.
Duchess emerges victorious! Meghan Markle wins plea to keep friends anonymous in UK court trial
Markle is seeking damages from ANL for alleged misuse of private information.
In India-China crisis, an India-US bonanza in view
Experts say India could finally end equivocation about openly aligning itself with the long-eager US.
Zomato revenue doubles to $394 million in FY20
In the first quarter of the ongoing fiscal year, the company’s Ebitda loss stood at $12 million on revenue of $41 million and unit economics of its food delivery business improved.
Bihar sees record 1266 cases in a day
Bihar saw a record high of 1,266 fresh coronavirus cases on Sunday at a test positivity rate of over 13 percent, taking the tally of total cases to 16,305.
How 6 money errors in Covid times could be avoided
During the Covid crisis, did you withdraw from your EPF? Or did you avail the loan moratorium? Or did you withdraw from equity when the market crashed? If you have made such mistakes, here’s how a financial planner could have helped you.
Mukesh Ambani is coming for India’s phones and wallets
The oil-and-petrochemicals tycoon’s digital services startup requires him to dominate the use of mobile devices, while his retail chain, India’s largest, needs maximum grip on customers’ moneybags.