Macro
Fitch reviews ratings outlook of four NBFCs
The credit rating agency points out that the pandemic will continue to be a spoilsport for the NBFCs it reviewed as funding remains a challenge in the current market.
RBI managing economic challenges well: report
While gloom prevails across economies, a State Bank of India report says that the Reserve Bank of India has been relatively successful in ensuring financial stability in the market since May.
FY21 fiscal deficit seen at 7.6% of GDP
Motilal Oswal Financial Services estimates India’s fiscal deficit at ₹14.6 lakh crore in FY21, while GDP could contract by 6.5% against its earlier estimated decline of 4.7%.
Economic recovery likely to be gradual: Das
Reserve Bank of India governor Shaktikanta Das says that efforts towards reopening the economy are confronted with rising Covid-19 infections.
Macro
Fitch reviews ratings outlook of four NBFCs
The credit rating agency points out that the pandemic will continue to be a spoilsport for the NBFCs it reviewed as funding remains a challenge in the current market.
RBI managing economic challenges well: report
While gloom prevails across economies, a State Bank of India report says that the Reserve Bank of India has been relatively successful in ensuring financial stability in the market since May.
FY21 fiscal deficit seen at 7.6% of GDP
Motilal Oswal Financial Services estimates India’s fiscal deficit at ₹14.6 lakh crore in FY21, while GDP could contract by 6.5% against its earlier estimated decline of 4.7%.
Economic recovery likely to be gradual: Das
Reserve Bank of India governor Shaktikanta Das says that efforts towards reopening the economy are confronted with rising Covid-19 infections.
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