How are the European and Indian Economies Handling COVID-19?

How are the European and Indian Economies Handling COVID-19?

The global economic outlook for Q1 and Q2 is bleak. In Europe, Italy is the poster child for a country that has been decimated by COVID-19.

MSME Loans at 9.25 percent under Indian Government’s 3 Lakh Crore Package

MSME Loans at 9.25 percent under Indian Government’s 3 Lakh Crore Package

Indian government has clarified that MSME loans announced recently to help micro, small and medium businesses to deal with coronavirus led economic slump will be allocated at a preferential rate of

Dr Reddy’s reports 22 percent Growth in Profit before Tax

Dr Reddy’s reports 22 percent Growth in Profit before Tax

Pharmaceutical major Dr Reddy’s has reported 22 percent jump in profit before tax for fourth quarter and 10 percent growth in revenue.

Mitesh Thakkar: BUY Cadila Healthcare, Cipla, Tata Steel and Page Industries

Mitesh Thakkar: BUY Cadila Healthcare, Cipla, Tata Steel and Page Industries

Market expert Mitesh Thakkar has suggested four BUY calls for today’s trading session.

Sudarshan Sukhani: BUY Bajaj Auto, Cadila Healthcare; SELL UBL and Shriram Transport

Sudarshan Sukhani: BUY Bajaj Auto, Cadila Healthcare; SELL UBL and Shriram Transport

Technical analyst Sudarshan Sukhani has suggested two BUY calls and two SELL calls for traders. Indian markets are expected to open positive today as US markets closed strong on Wednesday.

Ashwani Gujral: BUY HDFC, Reliance, Dr Reddy’s; SELL Bharti Infratel and IndusInd Bank

Ashwani Gujral: BUY HDFC, Reliance, Dr Reddy’s; SELL Bharti Infratel and IndusInd Bank

Market expert Ashwani Gujral has suggested BUY calls and SELL calls for traders today. Indian markets witnessed impressive buying on Wednesday and benchmark BSE Sensex jumped nearly 2 percent.

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News in Focus

JioMart Grocery & Fresh Products Service Launches in Many Cities Across India

Mukesh Ambani’s latest ecommerce venture JioMart has launched in additional cities across India after the company ran a pilot project in Mumbai.

Long and Painful Road to Recovery for Automobile Sector: Bosch MD Soumitra Bhattacharya

Bosch India Managing Director Soumitra Bhattacharya feels that Indian automobile sector will need around 3-4 years to recover from the economic slowdown which Indian economy was facing before COVID

Hertz Global Files for Bankruptcy as Car Rentals Business Collapses

Car rentals major Hertz Global has filed for bankruptcy as the company failed to reach a deal with creditors in order to survive coronavirus pandemic led lockdowns.

RBI Reduces Repo-rate by 40 bps for Credit Growth

The Reserve Bank of India has reduced the repo rate from 4.4 percent to 4.0 percent in its latest policy meeting.