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Sunday, May 3, 2020

Bajaj Auto reverses wage-cut decision

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THE ECONOMIC TIMESDaily Newsletter
Sun, May 03, 2020 | 05:03 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Coronavirus is pulling millions back into poverty Coronavirus is pulling millions back into poverty
By the end of the year, 8% of the world's population - half-billion people - may be pushed into destitution....
Bajaj Auto reverses decision to cut wages
Biz activities hit; recovery may take a yr: Survey
Great depression is coming. Will there be a new deal?
The silver lining in India's death cloud
Till vaccine arrives, this is Asia's new normal
Online car sales may gain traction post COVID-19: EY
Net redemptions under credit risk funds down by 81.5%
Debate This
Now debating: Will partial lifting move India's economic needle?
India has been locked down for two more weeks. However, a maze of regulations, restrictions on movement of people and unbridled powers to local administration mean a vast segment of economy will still stay shut, amplifying the stress. Could we have done better?

Top Gainers

NSE
34 companies (largecap) appreciated more than 5%
Tata Motors 19.32%
UPL 16.49%
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Top Losers

NSE
1 company (largecap) price decreased more than -3%
Torrent Pharma -3.10%
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Rise in corona cases may stabilise soon: Niti member
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