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Posted on June 3, 2020

India’s services sector slump stretched into May – PMI

India’s enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near halt, causing steep job losses and cementing fears of a deep …

( read original story …)



Posted on June 3, 2020

India’s lockdown strategy was faulty, economy to contract 10% this fiscal: Former finance secretary SC Garg

The former finance secretary went on to say that the 2020-21 fiscal will go down in the history of India as the year when India got way-laid from its story of three decadal outstanding growth.

( read original story …)



Posted on June 3, 2020

India’s Nifty tops 10,000 as economic reopening boosts risk appetite

Indian shares extended gains for a sixth session and the Nifty crossed the 10,000 mark for the first time since March 13, as Asia’s third-largest economy gradually comes out of COVID-19 lockdowns and …

( read original story …)



Posted on June 3, 2020

Trade Finance Market Size to Reach USD 79.410 Billion by 2026 – Valuates Reports

Trade Finance signifies financing for trade, and it relates to both domestic and international trade transactions. A trade transaction …

( read original story …)



Posted on June 3, 2020

BMW India’s new finance plans offer 40% lower EMIs, 0% downpayment and more

An Easy Start to a Dream Car the initiative by BMW India Financial Services aims to make buying a BMW model easier with new finance schemes. With lower EMI amounts, zero-downpayment and buyback …

( read original story …)



Posted on June 3, 2020

India concerned over UN report on terrorists operating from Afghanistan

India expresses concern at a United Nations report that said a large number of foreign terrorist fighters, including up to 6,500 Pakistani nationals, are operating in Afghanistan and says this …

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Posted on June 3, 2020

D-Street Buzz: Banks, financials rally as economy comes out of lockdown; PNB, Bajaj Finance jump 4-5%

PSU Bank index surged almost 5 percent led by Punjab National Bank and Union Bank of India which jumped over 5 percent each followed by Bank of Baroda, Canara Bank, Central Bank of India and Indian …

( read original story …)



Posted on June 3, 2020

India’s services sector slump stretched into May – PMI

India’s enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near halt, causing steep job losses and cementing fears of a deep …

( read original story …)



Posted on June 3, 2020

India’s lockdown strategy was faulty, economy to contract 10% this fiscal: Former finance secretary SC Garg

The former finance secretary went on to say that the 2020-21 fiscal will go down in the history of India as the year when India got way-laid from its story of three decadal outstanding growth.

( read original story …)



Posted on June 3, 2020

U.S. probe into India’s digital tax not a move of aggression, says Indian govt source

NEW DELHI, June 3 (Reuters) – The U.S. government’s move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of …

( read original story …)



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