Tuesday 2 June 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Moody's downgrades India's ratings, keeps outlook negative

Ø Passenger vehicle sales crash to decades low in May

Ø Cabinet Decisions: MSP raised for 14 kharif crops

Ø Govt extends crop loan repayment date till August 31; prompt re-payers to benefit

Ø GST Council to discuss waiver of late fee for Aug '17 to Jan '20

Ø Adani Power, Adani Green seek shareholder nod



Ø RIL's Rs 53,000 cr rights issue fully subscribed, closes on June 3

Ø MFIs see 50% recovery in June as rural borrowers avoid using moratorium

Ø India's unemployment rate in May rises to 23.48%, show CMIE data

Ø Maruti Suzuki records 86% slump in total May sales at 18,539 units

Ø L&T Construction transforms healthcare units into COVID-19 care facilities

Business Line



Mint

Ø ICRA continues its ‘negative’ outlook on the domestic passenger vehicle segment

Ø Manufacturing PMI touches 30.8 in May, points to challenges in recovery process

Ø Medical device industry to get over ₹3,000 crore boost

Ø Brokerage firms back InvIT, IndiGrid due to good recent performances

Ø Future Retail raises ₹200 crore via NCDs



Ø PSBs sanction ₹3,200 crore loan on June 1 under emergency credit line

Ø MCHI moves SC challenging RBI order for interest waiver during moratorium

Ø Hero MotoCorp registers wholesales of 1.12 lakh vehicles in May

Ø M&M Tractor domestic sales rise 2% in May; exports decline 72%

Fina1ncial Express



Deccan Chronicle

Ø World Bank: Palestinian economy could shrink by 11%

Ø Lockdown extension to have deep impact on Indian economy, says BofA report

Ø PFC plans to tap RBI borrowing as new low-cost funding source



Ø Oil prices slip even after OPEC meeting advanced

Ø DPIIT rejects Flipkart's plan to enter food retail sector

Ø Asia's factory pain deepens as China's recovery fails to lift demand
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