Economy
Civil aviation revenues down 85%, 18,000 jobs lost
Pickup in domestic air travel since July has been very slack
Chinese FDI has been coming down in 3 years
The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.
Economic recovery in India likely to be gradual: RBI governor Shaktikant Das
Indian economy contracted 23.9 per cent in the first quarter of the current financial year
NBFCs witness 15-20 per cent improvement in retail lending in last 2 months
Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath committee recommendation
Indian economy to contract 10.5% this fiscal, says Fitch
India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdown
Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams move
The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money
Corporate loan recast roadmap, financial ratios for 26 sectors identified
Kamath-led committee says 72% of the debt of the banking industry has been Covid-affected
Andhra Pradesh leads in implementing business reforms, Telangana stands third
The DPIIT conducts the exercise for all states/UTs under the Business Reform Action Plan (BRAP).
Finally, it falls to the farmer to rescue India's parlous GDP
Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India
Indian economy contracts 23.9% due to COVID-19 impact
Agriculture stood out as the only outlier; all other sectors, including manufacturing, construction and services, suffered steep declines