Shutdown
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Stimulus package to revive economic activities, boost Make in India, says steelmakers
•Indian steelmakers on Wednesday said the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi would give a quantum jump to economic activities in the country and boost the ambitious Make in India programme
Rs 20-lakh cr stimulus package: At 10% of GDP, Narendra Modi's Atma-nirbhar Bharat Abhiyan ranks among biggest in world
•Prime Minister Narendra Modi's pledge of a total spending of Rs 20 lakh crore to weather the fallout of coronavirus pandemic is among the largest economic stimulus package announced by nations around the world
As lockdown lifts, wearing a face mask could be your only defence against COVID-19: How to pick the right one
Abigailb •WHO keeps reminding the public that mask needs to be worn correctly and kept clean to ensure that they are effective in stopping the virus.
Gully Gang releases lockdown-themed album, Shutdown; Divine says 'it will keep listeners motivated and positive'
•Gully Gang's hip hop and rap compilation album titled 'Shutdown' is inspired by the stay-at-home circumstances amidst the rise of an unprecedented pandemic.
Moody's downgrades India's rating to Baa3; outlook remains ‘negative’; says move not driven by impact of COVID-19 outbreak
Fp Staff •The global rating agency Moody's Investors Service on Monday downgraded India's rating to BAA3 from Baa2, and its short-term local-currency rating to P-3 from P-2
Godrej Properties sees strong sales this year despite COVID-19; cash flow may pose challenges
•Buoyed by record sales bookings of Rs 5,915 crore last fiscal, realty firm Godrej Properties expects to repeat its strong performance on sales front this year despite coronavirus pandemic, but sees cash flow as a challenge due to slow construction activities
Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
•Auto major Mahindra & Mahindra (M&M) on Monday reported a steep 79 percent decline in total sales at 9,560 units in May
Coronavirus Lockdown: Hyundai Motor India sales decline 79% in May to 12,583 units, exports down 66%
•Hyundai Motor India Ltd (HMIL) on Monday reported a 78.7 percent decline in total sales at 12,583 units in May
Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
•The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday
HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know
Fp Staff •HDFC Bank announced that it has extended the loan moratorium by another 3-months