Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
banking sector
May 2020
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December 2019
August 2019
Markets close another week in red
The slide continued through the week, though at a slower pace and also with some recovery. The Sensex ended Friday’s trade 2.39% lower from the previous day’s close. The Nifty 50 closed 2.06% lower.
A tale of India’s loss-heavy banks
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
