NEWS / VIEWS 
      
NEWS
Short-term debt is a must-have in India market awash with cash
Fri, Jul 10, 2020     Source : Economic Times
Moody’s Investors Service cut the country's rating outlook to a notch above junk last month
NEWS
BSE commodity derivatives segment registers turnover of Rs.3,015 cr
Fri, Jul 10, 2020     Source : Mint
The BSE has said its commodity derivatives segment registered a record turnover of Rs.3,015 crore on Wednesday.
NEWS
Sensex rises 409 points on firm global cues; Q1 earnings in focus
Fri, Jul 10, 2020     Source : Economic Times
On Thursday, as many as 22 of 30 Sensex stocks closed higher.
NEWS
India hasn't entered community transmission stage, only localized outbreaks: Health ministry
Fri, Jul 10, 2020     Source : Mint
While India on Thursday recorded 26,128 fresh covid-19 cases taking the total tally to 77,1603, government continued to deny the onset of community transmission in the country.
NEWS
Modi says India already witnessing green shoots of economic recovery
Fri, Jul 10, 2020     Source : Business Standard
While the PM did not go into specifics on his statement, he did seem to try allay apprehensions that India could turn more protectionist with his call for an 'Aatmanirbhar Bharat'
NEWS
At over Rs.1-lakh cr, Centre to pay stiff interest on recap bonds
Fri, Jul 10, 2020     Source : Business Line
Instruments to bail out banks to add to Covid-induced fiscal stress for the govt
NEWS
Vodafone Idea defaults on rental, energy payments for June to tower firms
Fri, Jul 10, 2020     Source : Business Standard
According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.
NEWS
India's GDP to contract by 3 per cent in FY21: BofA
Fri, Jul 10, 2020     Source : Economic Times
BofA Securities also said the RBI will monetise the fiscal deficit through purchase of government bonds of up to USD 95 billion through open market operations, and its revaluation reserves of USD 127 billi...
NEWS
Banks move branches, rethink strategy to cut costs amid Covid spread
Fri, Jul 10, 2020     Source : Financial Express
In order to mitigate this particular challenge, banks will also have to adopt a stringent set of norms, Moody’s said
NEWS
Dow Jones slips over 400 points as surging coronavirus cases dent recovery hopes
Fri, Jul 10, 2020     Source : Mint
US stock indexes fell in choppy trading on Thursday as fears of another lockdown to contain a surge in coronavirus cases overshadowed data pointing to a declining trend in weekly jobless claims.
NEWS
Flows to India stock funds tumble as furious rally spurs caution
Thu, Jul 09, 2020     Source : Mint
Flows into Indian stock funds slumped in June as investors pocketed gains from a strong rebound in equities as the pandemic showed no signs of slowing in Asia’s third-largest economy.
NEWS
Sensex, Nifty give up five-day gaining streak as volatility surged
Thu, Jul 09, 2020     Source : Financial Express
Giving up their 5-day winning spree, domestic benchmark indices ended in the negative territory on Wednesday.
NEWS
Economy limps back to normalcy, show trends
Thu, Jul 09, 2020     Source : Mint
Economic activity in India seems to be gradually inching towards pre-covid-19 levels with the latest data from Google showing an uptick in mobility trends.
NEWS
Top consumer sector shares that may beat coronavirus woes, even as pandemic hits consumption
Thu, Jul 09, 2020     Source : Financial Express
Analysts at research and brokerage firm Axis Capital noted that staples have recovered smartly, almost back to pre-COVID on exit basis while discretionary is witnessing a pent-up led boost in June
NEWS
PMS schemes gain in June; 70% beat Nifty over one year, shows data
Thu, Jul 09, 2020     Source : Business Standard
For the quarter, about a third of the schemes managed to beat the benchmark index
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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