Gold loses lustre as Covid-19 takes a toll
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
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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.
‘India is Thomson’s fastest-growing market’
In a boost for the Make in India initiative, the brand—owned by French multinational firm Technicolor—says it wants to produce all its appliances in the country.
‘At Vu, values are more important than value’
Devita Saraf, the founder, chairperson, and CEO of Vu Technologies, also said that sustainability is very important for the company.
The secret of Zoom’s success
The company did not disrupt the market as it did not eat into the shares of the existing players but won new buyer groups with its simple, friendly offering.
From lockdown to unlock
The five severe lockdowns in India have paralysed the economy, and the GDP is expected to contract 4% to 6% in FY21, according to various market estimates.
Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
COVID-19: The dilemma company directors face
Due to the pandemic, it is not just businesses; even directors seem to be caught between a rock and a hard place.
Astral in wait-and-watch mode
Astral Poly Technik, a FORTUNE INDIA 500 lister since 2016, and one of FORTUNE INDIA’s TOP 100 Wealth Creators in 2019, sees consolidation picking up in the pipe industry due to the Covid-19 pandemic.
Covid-19: VC-backed healthtech deal values soar
Venture capital investment in healthtech hits $8.2 billion in the first quarter of 2020, the highest quarterly total on record, says Preqin; large deals continue to be made.
