Competing with private companies for limited resources could cap the room for RBI to cut interest rates. Even if it does, market rates won’t ease due to higher government debt. Also, with inflation being predicted to ease by the second half of 2020 towards the target of 4%, prospects for sharp rate cuts diminish.

Police should have welfare systems similar to the ones implemented by the armed forces, says Delhi Police Commissioner SN Shrivastava.

Once the situation returns to normalcy and services resume, the customers can either opt to go to the store and pick up their jewellery or get it delivered to their doorstep, Tanishq said in a statement.

MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among large developers may be of limited use, as NBFIs are looking to shed their already-high exposure to the sector, especially to large borrowers.NBFIs have disproportionately increased their share of real-estate sector credit in the previous few years, owing to heightened risk aversion by banks; banks have been cutting exposure due to their own funding challenges that began in late 2018, which have become more acute in the previous few months; domestic bank exposures fell to 2.3% of loans in the financial year ending March 2019 from 2.8% in 2015-16.NBFIs are now also shying away from refinancing maturing debt of even large, proven developers to limit concentration risk to the sector. This is pushing developers towards alternative funding channels, such as private equity. The availability of such funding could be more limited than the value of maturing debt and may only be available to established developers with sufficient unpledged assets. It would also come at a higher cost. We believe banks may still consider exposure to quality real estate, but overall exposure continues to decline.Developers that are focused on high-end projects may face higher risk, as sales of such projects have slowed in the last two years. We believe these developers would be wary of taking sharp price corrections on unsold inventory to boost sales, except in extreme circumstances, as this could diminish the value of unsold inventory and weaken collateral cover for existing lenders.In addition, any boost in sales would be temporary. Meanwhile, developers with substantial exposure to affordable housing may still benefit from marginal access to lenders in light of healthy pre-sales growth, supported by India's substantial housing deficit and government incentives for buyers via the credit-linked subsidy scheme as well as for developers, including tax deductions and grant of infrastructure status, which entitles companies to some benefits and concessions.The government has announced measures to improve NBFI-sector liquidity, but their efficacy remains to be seen. For example, we believe the government's July 2019 announcement to provide a first-loss guarantee of 10% on securitised assets issued by NBFIs to banks could ease funding pressure for NBFIs in the short term. However, the provision refers only to financially sound issuers and there is a lack of clarity about the duration of the guarantee and the definition of what comprises a 'financially sound' entity. In addition, most of the actions by the authorities to alleviate the liquidity squeeze will benefit the largest and least risky NBFIs and is unlikely to address the pressure on the more property focused players.Defaults by two NBFIs - Infrastructure Leasing & Financial Services Ltd (IL&FS) in September 2018 and Dewan Housing Finance Corporation Ltd (DHFL) in June 2019 - have contributed to the sector-wide liquidity squeeze, as investors have become more risk averse. Banks' low appetite for lending to real-estate developers is evidenced by the usually high risk weights attached to such loans. These are due to developers' typically low credit ratings amid high leverage, making exposure to the sector an inefficient use of banks' already-limited capital.Substantial bank recapitalisation to increase lending capacity could benefit NBFIs as well as real-estate developers, subject to the banks' risk appetite. Although a structural improvement in NBFI asset books would take time. Nonetheless, even under better conditions we expect NBFI's to tighten credit standards, with developers facing funding pressure until there is a broader improvement in their operations, with better end-user demand and pricing support.

ICICI Bank, along with issuing details on availing the moratorium on loans and credit card dues, also issued a set of FAQs on moratorium for equated monthly instalments (EMIs) taken on debit cards.

Any investment decision during this period should be made factoring in the short-term goals of an individual.

Stores of value are worthwhile only if they can step up and be useful when we need them. Not if they also lose value, freeze up, or get locked when you must access them. In other words, you should be able to liquidate your assets without difficulty should the need arise.

There were about 10,000 Indians before the start of the serious strife between government troops and Sunni militants backed by al Qaeda in Iraq.

Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8376.11 in April.

A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic.

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund manager buys high-yielding, low credit quality bonds.

Whatever level of an investor you fall under, knowing what 'not' to do, could help you figure your route to investing in equities.

Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced!

The Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement of claims filed by policyholders for coronavirus (COVID-19) disease/infection.

IT service companies and consultancies, which normally place people at third-party locations, reported higher visa denial rates than US technology firms, as has been the case over the past few quarters. Cognizant (60 per cent), Infosys (59 per cent) and Deloitte (40 per cent) had the highest number of denials in the top 25 list.

If the company is planning lay-offs, start circulating your resume and talking to people in the industry without discussing it with colleagues. It is also a good idea to build a contingency fund to help you sail through in case you don’t find a job immediately.

HDFC Q3 profit jumps 4 times; provisions spike

IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

Bajaj Auto Q3 Earnings: Profit rises 15% YoY to Rs 1,262 crore

Tata Motors posts Rs 1,738 crore Q3 profit in dramatic turnaround

IOC Q3 net profit at Rs 2,688.54 cr

HUL Q3 profit up 12% at Rs 1,616 cr, volume growth at 5%

Tech Mahindra Q3 net profit dips 5% to Rs 1,146 cr

ITC Q3 net profit jumps 29% at Rs 4,142 crore, beats Street estimates

PNB Q3 Earnings: PSU lender reports Rs 492 cr loss on higher provisioning

Bharti Airtel posts Rs 1,035 cr Q3 net loss, hints at tariff hike

Cipla Q3 profit inches up 6% to Rs 351 crore

Sun Pharma Q3 net profit tanks 26% to Rs 913 crore

Hero MotoCorp Q3 net profit rises 14.8% to Rs 880 crore

Infosys Q4 results: Profit rises 6% to Rs 4,321 crore; firm suspends FY21 guidance citing uncertainty

Axis Bank Q4 results: Net loss at Rs 1,388 cr on Covid-19 provisions

RIL Q4 earnings preview: Here is what to expect

HUL Q4 results: Net profit slips 3.4% to Rs 1,520 crore, misses estimates

Tech Mahindra Q4 results: Profit falls 29% YoY to Rs 804 crore; revenue rises 7%

RIL Q4 results: Profit dives 39% YoY to Rs 6,348 cr; announces India's biggest rights issue

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

India's Q3 FY20 GDP growth inches up at 4.7% vs 4.5% in previous quarter

RBI to infuse Rs 3.74 lakh cr liquidity into financial system

RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"

Rajasthan hikes excise duty on liquor

Flows into equity MFs drops 8.8% to Rs 6,026 cr in October: AMFI

Consumer durables, two-wheelers to recover fairly quickly from Covid impact: Sanjeev Prasad

Lockdown was easy, opening up to require a lot of confidence: Rashesh Shah

Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.

Recent reports have suggested that the combination of the anti-malaria drug hydroxychloroquine, and the antibiotic azithromycin may help patients with COVID-19, said scientists from the New York University School of Medicine in the US.

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.