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SEBI makes FPI documentation processes simple in lockdown-hit areas

Extending partial reliefs to Foreign Portfolio Investors (FPI) enforcement requirements, Sebi allowed scanned documents in jurisdictions that are still locked to prevent the spread...

JioMart order flow increases by four times during lockdown

The new e-commerce venture JioMart of Reliance Industries Limited (RIL), which went live in May, saw an order flow of four times than that...

Ease of lockdown restrictions improves collections of Microfinance Institutions

Lifting of coronavirus lockdown restrictions helped microfinance institutions in India to improve their collection. In April Collections had plunged near to zero and rebounded to...

COVID-19 lockdown: Banks issue 1.6 crore new debit cards

Coronavirus outbreak made a huge demand for contactless payments. This demand resulted in issuing new debit playing cards by the major players...

Lockdown time is a loss time to Titan

Due to the pandemic situation of Covid-19 in the country resulted in a huge loss for Titan Company. Last Monday it was reported that...

The situation of rural poor and urban poor in India amidst lockdown

In the best of times, the poor people in India lead a fragile existence but in the worst of times, their situation...

Decline in gold imports during lockdown

During the lockdown Amid a crash in gold imports, it was announced by the government that the jewelers and bullion dealers on...

Smartphone shipments in India declines 41% in June quarter: Lockdown Impact

Smartphone Shipment in India declined 41% quarter-on-quarter and 48% year-on-year in June quarter to the corona virus outbreak and the lockdown implementation all over...

Distribution losses of Adani Discom Mumbai widens due to lockdown

Major damage was caused to the power sector due to 1-month lockdown which resulted in the declining demand for power. As a result of...

Banks favor sovereign bonds over credit during the lockdown

During the lockdown, enough deposits, poor credit demand, and therefore the ability to cherry-pick borrowers have flooded Indian lenders with liquidity, encouraging them...

‘Divestment’, a bleak outcome for PSB: ICRA

According to Icra (formerly Investment Information and Credit Rating Agency of India Limited), the transition to divest larger part stake in the public sector...