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Two months and counting: How lengthy will the covid-19 bear market final? – Livemint

This time around, valuations have fallen from 26 times earnings to 14.7 times in the past two months. (Mint) 2 min read . Updated: 06 Apr 2020, 11:25 PM IST Clifford Alvares Indian market is yet to hit the lowest point based on the trailing 12-month price-earnings ratioOn price-book value basis, valuations are at an…

All You Want To Know Going Into Commerce On April 7 – BloombergQuint

Apr 07 2020, 6:51 AMApr 07 2020, 8:23 AMApril 07 2020, 6:51 AMApril 07 2020, 8:23 AMAsian markets have opened with gains on Tuesday morning on optimism that the Coronavirus epidemic may be waning in some key epicenters. This is the first instance of markets seeing back to back days of gains in two weeks.The…

Covid-19: Home air journey could fall to 2015-16 ranges this fiscal – Instances of India

NEW DELHI: The coronavirus pandemic could take Indian aviation back at least four to five years. A Capa India report titled "Covid-19 & the State of the Indian Aviation Industry" said domestic air travel is expected to decline from an estimated 14 crore in fiscal 2019-20 to about 8-9 crore in FY 2020-21. According to…

Virus headwinds poised to clip aviation sector wings – Livemint

Uncertainties around the duration of the restrictions will further hurt airline business. Photo: Ramesh Pathania/mint 3 min read . Updated: 07 Apr 2020, 12:47 AM IST Rhik Kundu Domestic traffic may decline from 140 mn in FY20 to around 80-90 mn in FY21: CapaFalling demand would leave Indian carriers with 200-250 surplus planes over the…

JPMorgan CEO Dimon calls ‘unhealthy recession’, mulls suspending 2020 dividend – Moneycontrol

JPMorgan Chase & Co's top boss Jamie Dimon on Monday said he sees a "bad recession" in 2020, and that the largest US bank could suspend its dividend if the coronavirus crisis deepens.Dimon, widely regarded as the face of the US banking sector, is the most prominent voice on Wall Street so far to project…

SIDBI pronounces COVID-19 Startup Help Scheme – Entrackr

Governments across the globe have enforced strict lockdowns in an attempt to halt the progress of the rampaging Covid-19 pandemic, killing in the process cash flows and revenues of many companies and inadvertently hurting economies.  This coupled with the choking of venture capital investments which have witnessed a 22% YoY decline in the first quarter…

RBI mortgage moratorium scheme: Banks, HFCs tread cautiously on EMI deferral supply – Moneycontrol

By now, most banks and Housing Finance Companies (HFCs) have published the details of Reserve Bank of India's (RBI) loan moratorium scheme on their websites. Some banks are also sending direct messages and emails to borrowers to seek their response.It isn't clear what percentage of borrowers have applied for the loan moratorium offer so far.A spokesperson…

S&P 500 set to recoup $1 trillion in worth as coronavirus deaths sluggish – Moneycontrol.com

The S&P 500 was on track to recoup about $1 trillion in market value on Monday in a frantic rally after New York, the biggest US coronavirus hot spot, reported a fall in daily deaths, raising hopes that the pandemic could level-off soon.All three main stock indexes jumped more than 4 percent, with gains led…

As virus ravages progress, RBI’s added problem is visibility on inflation – Livemint

The Reserve Bank of India (RBI) may face the challenge of a lack of clear visibility on inflation. (Aniruddha Chowdhury/Mint) 2 min read . Updated: 06 Apr 2020, 09:43 PM IST Aparna Iyer The trouble is that the lockdown has reduced demand to just that for essential itemsFor monetary policy, growth would continue to be…

Lockdown impression: Bajaj Finance loses 350,000 prospects in 10 days – Enterprise Customary

Takes Rs 4,750-cr hit on assets under management “We are in an uncharted zone. We will be partially flying blind between April 15 and June 30,” Jain warned. In a call with analysts on Monday, Bajaj Finance’s management team, led by its Managing Director Rajeev Jain, said that over the past 10 days, the company…

Oil Ends Down, however Avoids Freefall on Combined Messaging About Cuts – Investing.com

© Reuters. By Barani Krishnan  Investing.com - Crude prices fell as much as 6% on Monday on anxiety that oil titans Russia and Saudi Arabia were still arguing about who between them caused the market to collapse rather than agreeing on production cuts that would help. Yet the market avoided another freefall after the chief…

Oil Slides As OPEC Delays Assembly – OilPrice.com

Oil prices took another nosedive today after during the weekend Russia and Saudi Arabia postponed a meeting scheduled for Monday as they went at each other’s throats trading blame for the price collapse.CNN reported, citing an OPEC source, that the meeting was rescheduled for Thursday. The Financial Times reported that Norway and Alberta would be…

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Google lists meals and night time shelters on maps: Right here’s the right way to entry it

A policeman wearing a protective mask walks inside a shelter set up for migrants during a 21-day nationwide lockdown to limit the spreading of coronavirus disease (COVID-19) in Mumbai, India, April 6, 2020. REUTERS/Francis Mascarenhas (Reuters) 2 min read . Updated: 07 Apr 2020, 11:17 AM IST Danny Cyril D Cruze The new venture is…