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NEWS
Sensex falls for 5th day as coronavirus spreads to more countries
Fri, Feb 28, 2020     Source : Economic Times
Domestic investors have lost Rs 6.3 lakh crore in equity wealth in the last five sessions.
NEWS
Coronavirus wipes out $3 trillion equity investor wealth; safe havens thrive
Fri, Feb 28, 2020     Source : Economic Times
Global equities have now fallen for six days, and W-Street's volatility gauge was near 2018 highs.
NEWS
End of decade-long rally? Some say coronavirus will trigger it
Fri, Feb 28, 2020     Source : Economic Times
Here’s what some market observers are saying about the situation.
NEWS
Government puts spending restrictions on ministries to contain fiscal slippage
Fri, Feb 28, 2020     Source : Mint
The finance ministry has directed central government departments and ministries to limit expenditure in March to 10% of their budget allocations for FY20 instead of 15% as was the practice earlier, in an e...
NEWS
Sebi's Ajay Tyagi stands out for his balanced view as his term comes to end
Fri, Feb 28, 2020     Source : Business Standard
Tyagi also had to struggle to preserve the autonomy of the market regulator
NEWS
Commerce Ministry assessing impact on pharma ingredient supplies from China
Fri, Feb 28, 2020     Source : Business Line
Pharmexcil asks drug-makers to file data on import of APIs, intermediaries
NEWS
India Ratings lowers domestic steel sector outlook for FY21 to negative
Fri, Feb 28, 2020     Source : Business Standard
High iron ore premiums for new mine owners could alter costs for steel mills
NEWS
Coronavirus outbreak: Govt to fast-track manufacturing of tech goods
Fri, Feb 28, 2020     Source : Business Standard
Cabinet likely to take up new scheme for consideration soon
NEWS
RBI flags risks to banks, inflation in telecom crisis
Fri, Feb 28, 2020     Source : Mint
The Reserve Bank of India (RBI) is concerned about the fallout of the Supreme Court order on telecom dues and is watching developments in the industry closely, a senior official aware of the matter said.
NEWS
76 per cent of Jan Dhan account holders have RuPay debit cards, show govt data
Fri, Feb 28, 2020     Source : Business Line
Usage of the debit cards may be low, but over 81% of the accounts are operational
NEWS
UPI beats debit, credit cards to become India's most preferred payment mode
Fri, Feb 28, 2020     Source : Mint
Unified Payments Interface (UPI) remained the most preferred mode of payment in terms of volume followed by debit cards, Immediate Payment Services (IMPS) and credit cards, said a new report on Thursday
NEWS
US stocks in correction territory on coronavirus fears, Dow plunges 600 points
Fri, Feb 28, 2020     Source : Mint
Wall Street stocks tumbled again early Thursday, joining a sell-off in most global bourses on fears the coronavirus will grow into a significant international health crisis.
NEWS
India Post Payments Bank crosses 2-crore customer mark
Fri, Feb 28, 2020     Source : Business Line
India Post Payments Bank (IPPB) has garnered over two crore customers in less than two years of being operational.
NEWS
Bulls quarantined by coronavirus spread, Sensex ends below 40K-mark
Thu, Feb 27, 2020     Source : Business Standard
Foreign portfolio investors (FPIs) sold shares worth Rs 3,337 crore, while domestic institutional investors (DII) tried to offset some selling by pumping in Rs 2,786 crore into stocks
NEWS
Analysts say markets near crucial level as Sensex falls for 4th day in a row
Thu, Feb 27, 2020     Source : Mint
Indian equities today fell sharply to extend losses to the fourth day.
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