'Economy Already in Recession Mode': Experts Doubt Timing of Economic Revival in Post-COVID-19 Era in Top Business News- News18.com published on June 19, 2020 leave a reply State Bank of India's chief economic advisor Soumya Kanti Ghosh said the GDP for one quarter has been lost, amounting to Rs 40-50 lakh crore, due to the coronavirus crisis. from Top Business News- News18.com https://ift.tt/2UZZAwR Tweet Share Share Share Share Previous Post Sensex Soars 524 Points, Nifty Tops 10,200 as Reliance Rally Lifts Markets Next Post Thomas Cook India Q4 Net Loss at Rs 14 Crore Due to Covid-19 Pandemic post written by: Rohit Related PostsSensex Slips Below 34,000-Mark, Asian Paints Biggest Loser; Nifty Below 10,200All the sectoral indices led by oil and gas, FMCG, capital goods and PSU, were trading in the negative terrain by falling up to 1.80 per cent. from Top Busines… Continue ReadingFake News Menace Rises, Now Creeps Into Corporate WorldA message on social media claimed that some real estate developers had defaulted on loans taken from Piramal Enterprises and its subsidiary Piramal Capital &… Continue ReadingRupee Weakens 23 Paise to 73.79 Against US dollar in Early TradeOn Monday, the rupee had settled 24 paise lower at 73.56 against the US dollar due to steady capital outflows and strengthening of the American currency. from … Continue ReadingRecapitalisation Just a Strange Word for Subsidy to Banks, Says CAG, Questions RBI Role in NPA CrisisThe banking sector had non-performing assets (NPAs) or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18, according to government data. from Top Bu… Continue ReadingIndiGo, SpiceJet, Jet Airways Face Credit Rating Revisions as Costs SpiralDespite being one of the fastest growing domestic aviation markets in the world, local carriers have been facing tough business conditions, especially with surg… Continue Reading
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