nationwide lockdown
Housing sales in April-June drop 79% in top 8 cities
Mumbai saw 85 per cent fall in the second quarter of 2020 to 4,559 units, from 29,635 units in the corresponding period previous year
Government rejects Flipkart's plan to enter food retail sector
The company spokesperson said that Flipkart intends to re-apply for the permit
Maruti Suzuki India records 86% slump in May sales
Domestic sales declined by 88.93 percent to 13,888 units last month
Economic damage for India from lockdown to be significant, says Moody's
Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations
Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon
The company implemented layers of protection, including cleaning, disinfecting and social distancing
Swiggy to lay off 1,100 employees as covid19 hits online food orders
Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic
RBI may extend moratorium on repayment of loans for three more months, says report
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020
BRICS' new development bank provides $1 billion loan to India to fight pandemic
The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April
Auto component industry likely to witness double-digit degrowth in FY21
India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and Latin America
India's fuel demand crashes nearly 50% in April
The country’s fuel demand is set to recover with easing restrictions on industrial activity and transport in areas