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Monday, June 8, 2020

One more sign of how bad the Covid mess is

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THE ECONOMIC TIMESDaily Newsletter
Mon, Jun 08, 2020 | 04:57 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
A niche Indian loan market hasn't been this quiet in 14 years A niche Indian loan market hasn't been this quiet in 14 years
Lending by Indian banks is drying up in a niche market that is important for lower-rated companies....
Jefferies sees doubling of mobile revenue by FY25
Wipro partners with IBM to offer Cloud solutions
India is mulling a new way to bring its bad loan burden under control
Delhi CM to be tested for Covid-19 on Tuesday
India Inc may keep 50% of employees in WFH mode
WMO applauds IMD for its prediction of cyclone Amphan
Plans afoot for India's first Coal Exchange
Debate This
Can India do without China in a post-Covid world?
India has again found itself in an eyeball-to-eyeball confrontation with China. The new standoff comes at a time when India was hoping to make some inroads into Chinese dominance of global supply chains in a post-Covid world. But with its own domestic markets flooded with Chinese products, and a high dependency on Chinese imports to run its own factories, can India afford to antagonise its giant neighbour?

Top Gainers

NSE
12 companies (largecap) appreciated more than 5%
General Insurance Corporation of India 9.97%
Ashok Leyland 9.72%
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Top Losers

NSE
1 company (largecap) price decreased more than -5%
InterGlobe Aviation Ltd. -6.11%
More from Losers
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IBC suspension leaves door open for fraud: Experts
Job demand, household coverage under MGNREGS hit a new high
Govt extends oil block bid deadline to June 30
Getting growth back on track is non-negotiable: Uday Kotak
Who's bidding to be next World Trade Organization chief?
Prolonged growth slowdown likely to hit India's external sector: SBI report
Business economists expect worst slump since 1940s: Survey
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Hit by Covid-19, Census-NPR may be pushed to next year
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Meet woman bosses who are revolutionising start-up ecosystem

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