RBI's rate cut balm for a virus-hit economy

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THE ECONOMIC TIMESDaily Newsletter Fri, May 22, 2020 | 05:11 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day RBI announces a 40 bps rate cut, 3 month extension of loan moratorium The RBI has projected negative growth with a pick up in growth impulses in second half.... RBI's rate cut balm comes with a dire warning Cheque number 5 for Mukesh Ambani's Jio India plans scrutiny of new portfolio investors from China, Hong Kong Lenders fret, borrowers welcome moratorium Indian economy to contract in FY21, says Moody's CISCE board to conduct pending class 10, 12 exams from July 1-14 Harsh Vardhan takes charge as WHO Executive Board chairman

Debate This Is India's startup story over for good? Once the job market's darlings, startups are now turning into toxic liabilities. Covid-19 has shaken the façade of confidence that ignored the reality of mounting losses and topline stagnation. Post Covid there may be no coming back for India's startups. Agree?

SENSEX 30672.59 -260.31 NIFTY 50 9039.25 -67.00 USD/INR 75.96 0.34

Top Gainers NSE 1 company (largecap) appreciated more than 5% Zee Ent. 6.04% More from Gainers Top Losers NSE 7 companies (largecap) price decreased more than -5% M&M Financial -6.42% Shriram Tran Fin -5.90% More from Losers

More From our Partners Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis

RBI's 6-month EMI pause. Here's what it will mean for you The earlier deadline of three-month EMI moratorium was ending at May 31, 2020. ... The cost of availing loan EMI holiday extension Why only 5% investors make all the money Pakistani passenger plane crashes near Karachi Current account may turn surplus in FY21 Deposits rise over Rs 2.8 lakh cr amid lockdown Creating close to 50,000 seasonal jobs: Amazon Nissan considering 20,000 job cuts PM announces relief of Rs 1,000 cr to Bengal No annual growth target for virus-hit China All about Hong Kong's controversial security law Netflix to cancel inactive users' subscriptions

Top Slideshow How the virus discriminates Top Video Loan moratorium, other RBI announcements

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