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Latest Articles in second wave
India Inc. Spent Over Rs 1,600 Cr On Mitigating Second COVID-19 Wave: CSRBOX
More than 400 of the corporate CSR initiatives to combat the second wave of infections were aimed at procuring medical supplies, ventilators, and safety gear like PPE kits.
Read MoreDeal Activity Crosses USD 40.7 Bn Via 710 Transactions In First Half Of This Year: Report
The M&A deals space continues to be dominated by domestic deals with activity worth USD 6.2 billion being recorded in the first half of this year and consolidation continued to be a standout trend.
Read MoreShipping Corporation Shares Tumble Nearly 3 % After Earnings
Its total income declined to Rs 1,048.47 crore in the latest June quarter as against Rs 1,178.43 crore in the year-ago period.
Read MoreSteady Recovery Seen In Tyre Industry, Long-Term Outlook Favourable : Goodyear
India has one of the lowest rates of farm mechanisation despite having a high dependence on the agriculture sector, making it a high potential market for the growth of the tractor industry
Read MoreRecast Loans At Non-Bank Lenders May Double By This Fiscal-End: Report
Factors supporting the liquidity measures at NBFCs include fundraising through special government schemes, improving collections in the second half of fiscal 2021
Read MoreGNPAs Of Banks To Improve In FY22 On Higher Recoveries : Report
The NPAs will go lower on higher recoveries and upgrades, and also faster credit growth, Icra said, adding that the fresh accretion to the NPAs will be higher in FY22 due to the absence of any regulatory dispensations like moratoriums.
Read MoreIndia Coming Out Of Second Wave Of Covid-19; Will Witness Strong Economic Recovery: Jaishankar
The evolving situation in the Indo-Pacific region in the wake of China's increasing military muscle-flexing has become a major talking point among leading global powers.
Read MoreAverage Daily Number Of Tweets About COVID-19 From India Jumped 7X In Apr-May: Twitter
Social media emerged as a lifeline for many during the deadly second wave of the pandemic with people turning to platforms like Twitter and Facebook with SOS calls as they looked for resources like oxygen cylinders, hospital beds, plasma donors, and ventilators.
Read MoreSecond Covid Wave Derailed Hospitality Industry Recovery: ICRA
ICRA's industry sample is expected to report operating losses in FY2022 as well, although it will be lower at low-single digit, compared to the 23 per cent operating loss witnessed in FY2021.
Read MoreBharti AXA Life Premium Income Rises 4.3 % To Rs 2,281 Crore In FY21
The second wave of the COVID-19 pandemic has impacted the new business premium income, which stood at Rs 783 crore in FY21, compared to Rs 829 crore in FY20
Read MoreCovid Second Wave Impacted 58% Of Indian Business Activities: Ficci
The MSME sector has faced the maximum brunt and there is an immediate need for relief to this sector. This view was expressed by nearly 65% of the surveyed companies.
Read MoreNeed Calibrated Steps To Support Economic Recovery: PHDCCI
Government/ PSU payments must not be delayed due to Work From Home issues or shortage of funds as these are crucial to maintain the working capital cycle
Read MoreSecond COVID Wave May Worsen Stressed Assets In Financial System: Rakesh Mohan
As per the Financial Stability Report, NPAs of the banking sector were projected to surge to 13.5 per cent of advances by September 2021, from 7.5 per cent in September 2020, under the baseline scenario.
Read MoreDespite Hit To Consumption, TV Advertising Grows In Second Wave: BARC
Policymakers are grappling with how to revive the dent to consumption demand as a result of the second wave of the pandemic, which also impacted vast expanses in rural India unlike the first one which was restricted to the urban areas.
Read MoreKotak Mahindra Life Insurance Arm Expects To Incur Up To Rs 275 Cr Loss In Jun Qtr
Kotak Mahindra Life Insurance Company said the foregoing extraordinary development and its potential impact were discussed at a meeting of its board on June 16, 2021.
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