India Finance and Business news

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Coronavirus hits India's economy to the tune of Rs 30 lakh crore so far: Report
COVID-19 has so far hit India's economy to the tune of over Rs 30 lakh crore, with top five states including Maharashtra and Karnataka accounting for ...

Buy Birla Corporation target of Rs 650: Anand Rathi
Buy Birla Corporation target of Rs 650: Anand Rathi Anand Rathi is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 650 in its research report dated May 24, 2020.

Gold Futures Fall Below Rs 46,650/10 Grams Mark Tracking Global Rates
Gold Price Today: At 4:56 pm, the gold futures contract (delivery on June 5) traded at Rs 46,742.00 per 10 grams - down 0.49 per cent or by Rs 231 per 10 grams compared to its previous close.

States Deficit Jumps to 4.5 Per cent of GDP, Revenue Gap Seen to Soar 7-times To 2.8 Per cent: Report
As the nine-week long national lockdown to contain the spread of the coronavirus pandemic crippled the economy, the Centre has allowed the states to borrow 200 bps.

Zoomcar resumes operations in 35 cities
Zoomcar resumes operations in 35 citiesAs part of the special sale, the company will offer a 100 per cent discount with 50 per cent off on initial booking amount and 50 per cent cashback -- on all short-term rental bookings made from May 26 – May 29.

Report finds Indian states lost 1.5 times more than Atmanirbhar Bharat package
Report finds Indian states lost 1.5 times more than Atmanirbhar Bharat package. Read full details

Denmark expects biggest economic contraction since WW2
Denmark expects biggest economic contraction since WW2Denmark's economy is facing its biggest contraction since World War Two this year as a result of global coronavirus lockdown measures, the finance ministry said on Tuesday. The corona crisis is likely to affect the Danish economy for several years going forward. In April, Wammen said Denmark was facing one of the "darkest chapters" in its history as the government predicted a contraction this year of between 3% to 6%.