Covid-19: The art of survival
Maintaining cash balances that allow you to survive many months of significantly lower revenues and perhaps no profits will be the key to survival.
global recession
May 2020
April 2020
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.
Covid-19 takes a toll on alternative assets outlook
Though investors are revising their commitments to alternatives in 2020, most are not adjusting their longer-term plans, says Preqin.
RIL’s credit rating could be upgraded
Facebook’s $5.7-billion investment in RIL’s subsidiary will help both companies monetise their digital platforms; it will also aid in deleveraging RIL’s balance sheet, says Fitch Ratings.
Asia to see 0% growth in 2020, says IMF
Chang Yong Rhee, director of the IMF’s Asia and Pacific Department, also wrote in a blog that the current crisis from Covid-19 is like no other, worse than the Global Financial Crisis.
The build-up to RBI’s ‘bazooka’
Minutes of RBI’s Monetary Policy Committee meeting highlight that members were divided on the space for future rate cuts.
Covid-19: 400 mn workers in India may fall into poverty
Millions of workers are vulnerable to income loss and layoffs, says ILO; the ongoing nationwide lockdown has further pushed workers in the informal sector to the brink.
Motilal Oswal: Taking the long view
Market maven Motilal Oswal expects Indian markets to remain strong in 2020, notwithstanding headwinds. He sees opportunities for long-term wealth creation.
Markets accord red welcome to FY21
Day 1 of the new fiscal saw benchmark indices in the red all through the day; they closed 4% lower.
