Tuesday 7 April 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Urjit Patel has a grim warning for India's financial sector

Ø Yes bank can't declare co NPA for unpaid loan: HC

Ø India's growth may slip below 3% in FY21: KPMG

Ø 'Metals & mining sector to be hit if lockdown persists'

Ø Petrol sales shrink 15.5%, diesel 24% in March

Ø Japan PM Abe announces $1 trillion stimulus package

Ø Govt frees exports of all APIs and formulations





Ø Life insurers will not invoke 'force majeure' clause for Covid-19 claims

Ø NHAI constructs highest ever total of 3,979 km national highways in FY20

Ø Rupee payments allowed for exports to Bhutan under RBI guidelines: Expert

Ø Rajan calls Covid-19 'economic emergency', advises govt to invite experts

Ø Covid-19: Sebi curtails cut-off timings for mutual funds from 3 pm to 1 pm

Ø Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report

Business Line



Mint

Ø Labour Ministry orders Bengal jute mills to extend lockdown

Ø CII-Kerala calls for action plan to strengthen industry

Ø ‘Aviation sector’s expectation of govt bailout unrealistic’

Ø Drug regulator pulls up Bione for selling unlicensed home testing kits

Ø India Ratings gives `stable’ outlook to IndiGrid’s market-linked debentures



Ø Power Ministry warns discoms to pay bills on time, promises more funding

Ø WHO warns masks 'no silver bullet' for ending coronavirus pandemic

Ø Japan's Shinzo Abe unveils 'massive' coronavirus stimulus worth 20% of GDP

Ø Volkswagen loses 'damning' dieselgate UK class lawsuit

Financial Express



Deccan Chronicle

Ø COVID-19: IMF sees early signs of recovery in China

Ø Fitch downgrades Cairn India to ‘B+’ on lower oil prices

Ø Bacardi to produce 70,000 litres of hand sanitisers

Ø Post-lockdown FMCG industry ready to scale up production





Ø Insurers cannot decline covid19 death claim settlement

Ø Mukesh Ambani's net worth down to 17th on Global Rich List

Ø India's March gold imports hit 6.5 year low
By: via @AlliesFin Serve T.ME/ALLiESFiN

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...