Monday, 8 June 2020

One more sign of how bad the Covid mess is

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THE ECONOMIC TIMESDaily Newsletter
Mon, Jun 08, 2020 | 04:57 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
A niche Indian loan market hasn't been this quiet in 14 years A niche Indian loan market hasn't been this quiet in 14 years
Lending by Indian banks is drying up in a niche market that is important for lower-rated companies....
Jefferies sees doubling of mobile revenue by FY25
Wipro partners with IBM to offer Cloud solutions
India is mulling a new way to bring its bad loan burden under control
Delhi CM to be tested for Covid-19 on Tuesday
India Inc may keep 50% of employees in WFH mode
WMO applauds IMD for its prediction of cyclone Amphan
Plans afoot for India's first Coal Exchange
Debate This
Can India do without China in a post-Covid world?
India has again found itself in an eyeball-to-eyeball confrontation with China. The new standoff comes at a time when India was hoping to make some inroads into Chinese dominance of global supply chains in a post-Covid world. But with its own domestic markets flooded with Chinese products, and a high dependency on Chinese imports to run its own factories, can India afford to antagonise its giant neighbour?

Top Gainers

NSE
12 companies (largecap) appreciated more than 5%
General Insurance Corporation of India 9.97%
Ashok Leyland 9.72%
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Top Losers

NSE
1 company (largecap) price decreased more than -5%
InterGlobe Aviation Ltd. -6.11%
More from Losers
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Bad bank not a good idea unless key issues are addressed: Uday Kotak Bad bank not a good idea unless key issues are addressed: Uday Kotak
"I think we have tried the bad bank in the past. If you recall when IDBI had challenges in the early 2000s, there was...
IBC suspension leaves door open for fraud: Experts
Job demand, household coverage under MGNREGS hit a new high
Govt extends oil block bid deadline to June 30
Getting growth back on track is non-negotiable: Uday Kotak
Who's bidding to be next World Trade Organization chief?
Prolonged growth slowdown likely to hit India's external sector: SBI report
Business economists expect worst slump since 1940s: Survey
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Hit by Covid-19, Census-NPR may be pushed to next year
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Meet woman bosses who are revolutionising start-up ecosystem

Reforming the pet-care industry in India and making citizens' voices heard on laws and regulations, Devanshi Shah and Antaraa Vasudev are revolutionising the start-up ecosystem.

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