Business

[ad_1] The country’s largest lender, the State Bank of India, said Saturday that it would be very difficult to assess the medium or long-term impact on the banking sector right now in the wake of the ongoing national blockade, as this will continue to evolve across countries. emerging. situation. The …

[ad_1] Car sales in April 2020 had been a disaster, as the closure of manufacturing facilities and retail rooms led to zero productivity. As expected, the Indian auto industry has seen its worst month as zero units have been sold across the country due to the closure of showrooms and …

[ad_1] Warren Buffett’s Berkshire Hathaway Inc posted a record net loss of nearly $ 50 billion on Saturday when the coronavirus pandemic hit its investments in common stock, but operating profit increased even when COVID-19 damaged its businesses. Berkshire’s first-quarter net loss totaled $ 49.75 billion, or $ 30,653 per …

[ad_1] New Delhi: The Governor of the Reserve Bank of India, Shaktikanta Das, held a meeting on Saturday with the heads of the banks and reviewed the economic situation and the implementation of various measures announced by him to reduce stress in the financial system amid the COVID-19 crisis. The …

[ad_1] NEW DELHI: Governor of the Reserve Bank of India (RBI) Shaktikanta Das held a meeting on Saturday with the heads of the banks and reviewed the economic situation and the implementation of various measures announced by him to reduce stress on the system financial in the midst of the …

[ad_1] While the week before was relatively slow mainly due to the coronavirus pandemic and ongoing blockade, the last week of April was fortunately active for the auto industry. To start, Datsun scoffed at his redi-GO facelift, followed by Mahindra who launched the BS6 compliant Alturas G4. Other highlights of …

[ad_1] RBI Archive Image | (Photo credits: PTI) Mumbai, May 2: Fear and panic seized the clients of the CKP Cooperative Bank in Mumbai after the Reserve Bank of India (RBI) canceled the bank’s license due to poor financial health and growing debt. Reports report that the central bank revoked …

[ad_1] NEW DELHI: Allowing e-commerce companies to sell all items, including non-essential items like laptops and refrigerators, in green and orange areas will provide relief to people and help millions of small and medium-sized businesses and merchants to boost their business amid the shutdown, industry executives said. The CAIT merchant …

[ad_1] There are no plans to increase office hours for central government employees. The central government has denied a report stating that office work hours for central government employees will be increased to 10 hours a day and they will have to work from 9 am to 7 pm in …

[ad_1] MUMBAI: Large global private equity firms Blackstone, Apollo Global Management, and The Carlyle Group reported a sharp drop in the value of their private equity portfolios as the covid-19 pandemic devastated markets and economies, forcing companies to reduce your investments. These three companies collectively manage more than $ 1 …