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News I read on 15th July
access_time 2020-07-14T17:23:45.791Z face Kundan Kishore
News I read on 15th July 1) A longer wait for a vaccine against the Covid-19 virus may lead to a contraction of up to 7.5 percent in the Indian GDP in FY21 and a fall of 4% in the base case. Ref: Business Standard 2) Former Reserve Bank of India governor Raghuram Rajan indicates that India’s financi...
News I read on 14th July
access_time 1594693800000 face Kundan Kishore
News I read on 14th July 1) Food price inflation in June eased to a nine-month low at 7.87%, while headline retail inflation at 6.09% came surprisingly higher than the pre-coronavirus print of 5.84% for March. Ref: Livemint 2) Technology giant Google has announced that it plans to invest over ₹75,00...
news-i-read-on-10th-july
access_time 2020-07-09T18:33:31.946Z face Kundan Kishore
News I read on 10th July 1) India’s consumer price inflation likely eased in June from March, as loosened coronavirus-led restrictions drove a slight recovery in economic activity and helped reduce a supply crunch. Ref: Reuters 2) The coronavirus crisis will cost banks across the world a combined $2...
news-i-read-on-9th-july
access_time 2020-07-08T18:47:35.634Z face Kundan Kishore
News I read on 9th July 1) While global equities have rallied on the back of aggressive monetary easing by central banks, the corporate results season should hopefully provide a reality check. Ref: livemint 2) Equity mutual funds saw a considerable fall in the net inflows during June which were the ...
news-i-read-on-8th-july
access_time 2020-07-07T15:59:55.581Z face Kundan Kishore
News I read on 8th July 1) Private equity (PE) investments dropped 65 per cent year-on-year (YoY) in the second quarter (Q2) of the calendar year 2020, with equity sum slipping to $1.45 billion. Ref: Business Standard 2) The finance ministry on July 7 said banks have sanctioned loans of about Rs 1,1...