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.
covid 19 impact
October 2020
Global FDI flows fall by 49%: UNCTAD
According to the UN body, global foreign direct investment flows fell 49% in the first half of 2020, compared to 2019, due to the economic fallout from Covid-19.
Jobs pour in for doorstep delivery agents
Despite the Covid-19 hit, e-commerce and logistics companies have been hiring delivery and warehouse executives ahead of the festive season.
Edelweiss Group fund raises ₹6,600 crore
Amidst subdued economic climate, this is the year’s largest fund raise in the Indian private credit space.
The positive power of negative thinking
Insecurities have risen due to the pandemic and aggregated mental health is at an all time low. It is only apt that we explore powerful techniques for business leaders to live with the hidden illness.
Passenger vehicle sales to fall in FY21: ICRA
The ratings agency said that the passenger vehicle segment's FY21 volumes are expected to see a drop, as it is tied to GDP and overall consumer sentiment, both of which are at historic lows.
Will the next normal be a better normal?
The pandemic has given us a rare opportunity to shape the new normal, and trust will be its key currency.
RBI relief for Covid-19 pain
Monetary policy committee keeps rates unchanged; central bank announces new measures to mitigate pandemic woes, as it sees 9.5% contraction in real GDP for FY21.
Corporate cash flows not hunky-dory: Dinesh Khara
Balance sheets being closely watched; SBI’s price to book ratio of 0.3 times convinces the new chairman that the market values the bank well.
Covid-19 shadow on FPI flows
In the five years since 2016, FPIs recorded their second worst performance on total flows in the nine months ended September 2020, with debt flows recording their worst show of five years.
