Business

1 in 4 people employed lost jobs in March and April: CMIE

[ad_1] NEW DELHI: An employment crisis may be facing the country as several crucial sectors of the economy have been severely affected by the Covid-19 outbreak that threatens to push more people into poverty, engulfing both workers in the formal as well as informal sector. The blockade triggered a massive …

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HDFC targets ₹ 8,000 cr to bolster capital reserves

[ad_1] Housing Development Finance Corp. Ltd (HDFC) plans to raise as much as ₹Rs 8 billion to bolster its capital reserves and prepare for future uncertainties amid widespread economic disruptions from the covid-19 outbreak, four people familiar with the development said. India’s leading mortgage lender has begun talks with various …

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