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Economic activity back at February levels
Nomura India Business Resumption Index rose to 99.4 for the week ending August 8 against 84 for the week earlier.
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S&P Global Ratings revises Indian Bank outlook to stable
Indian Bank is likely to maintain its solid funding and liquidity profile over the next 18-24 months, the report noted
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CRED a digital platform analysed credit card spends
People preferred to dine out and travel while cases were less, reducing wallet usage to 58% from January 1 to March 31 this year
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This Doctors’ Day, go beyond lip service
As a nation – we should thank doctors every single day. They have saved someone we know, someone we love - not just during the pandemic
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S&P cuts India’s FY22 growth forecast to 9.5%
GDP growth in the current FY was estimated to be in double digits initially, but second Covid wave has led to various agencies cut growth projections
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India Inc turns slightly cautious on demand revival
Motilal Oswal believes that the cautious outlook and impact of rising raw material prices on companies have raised earnings to downgrade risks
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UPI transactions decline in second Covid-19 wave
PhonePe is the market leader in the market that has about a dozen apps such as Paytm, BHIM app, MobiKwik, Google Tez, Chillr, Paytm Payments Bank, SBI
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Indian govt’s schizophrenia led to Covid-19 ravages: Amartya Sen
Sen said India could not play on its strengths because of a poor response to the crisis due to confusion in the government
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Covid-19: India records over 2.4 lakh fresh cases, 3,741 fatalities
The Covid-19 active cases have reduced to 28,05,399 comprising 10.57 % of the total infections
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Higher retail participation is increasing liquidity risks for Indian markets: JPMorgan
Institutional participation, including domestic and foreign, is close to 14-year lows
