It has been decided to extend a line of credit of Rs 15,000 crore to the Export-Import Bank of India (EXIM Bank) for a period of 90 days from the date of availment with rollover up to a maximum period of one year so as to enable it to avail a dollar swap facility to meet its foreign exchange requirements. … [Read more...] about COVID-19 impact: RBI announces measures to support foreign trade
Covid 19 impact
"The inventory with channel partners, shorter season period, and aggressive pricing may pose challenges in covering up the lost season sales in the coming months. The demand pattern and behaviour of the Consumers might undergo a change, and spend towards discretionary products may be withheld, temporarily affecting the growth of the industry in 2020-21," the company said in a statement. … [Read more...] about COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas
3-Point Analysis | These companies may gain as global supply chain gets reconfigured Big Story | Decoding the importance of CSR for corporates Ideas For Profit | Is elevated rural exposure Dabur's Achilles heel? … [Read more...] about Ideas For Profit | Will HDFC’s resilient performance hold out amidst COVID-19 uncertainty?
India's gross domestic product (GDP) grew 3.1 percent during January-March this year, as the COVID-19 induced disruptions appeared to have devastated the broader economy, pummelled by collapsing household spending and shuttered businesses that are battling to stay afloat. … [Read more...] about COVID-19 impact | India’s GDP growth for January-March quarter at 3.1%, FY20 at 4.2%
Coal Output Growth At -15.5% Vs 4% (MoM)Crude Oil Output Growth At -6.4% Vs -5.5% (MoM)Natural Gas Output Growth At -19.9% Vs -15.1% (MoM)Refinery Products Output Growth At -24.2% Vs -0.5% (MoM)Fertilizers Output Growth At -4.5% Vs -11.9% (MoM)Electricity Output Growth At -22.8% Vs -8.2% (MoM) … [Read more...] about COVID-19 impact | April core sector output contracts 38.1%