STACK BOOKS MT146.O37 2019

STACK BOOKS ML3477.8.N48 A55 2019

STACK BOOKS ML410.S283 A4 2019

STACK BOOKS NK1520.W36 2018

STACK BOOKS DB844.M34 H37 2019

STACK BOOKS DU125.Y64 G39 2019

STACK BOOKS PN3352.S68 W75 2018

STACK BOOKS BF592.V64 O94 2019

Smartphone makers such as Xiaomi, Vivo and OnePlus plan to absorb the exchange rate impact as of now, with the industry fearing a slide in sales since prices are all set to go up due to increase in goods and services tax on smartphones to 18% from 12%. But they will factor the exchange rate in the pricing of future launches, the executives said.

"Two long-term policy decisions have been taken to make India hub of electronics manufacturing in new directions and medical electronics. Cabinet has approved production linked-incentive for electronics companies. We will give Rs 40,995 crore in the coming five years for production linked-incentive," Union Communications Minister Ravi Shankar Prasad said.

On the impact of the outbreak, the company said: "COVID-19 has affected the supply of some components to our manufacturing facilities and volume of business in 'Servicetec' segment. This is likely to impact our planned production and volume of business in excess of 10 per cent for the month of March."

For domestic mobile phone companies, the investment threshold is Rs. 200 crore over four years and sales criteria is Rs. 5000 crore in five years and for components it is Rs. 100 crore for 4 years and Rs. 600 crore of sales in 5 years.

The company plans to make investments of around Rs 210 crore on infrastructure development of the facility over the next four years. This new manufacturing facility will cater to the domestic and international business for Compaq televisions, for which it holds licence for multiple countries and regions.

Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will be transitioning to a new role in the bank

The meetings were also attended by deputy governors and other senior officers of the central bank, RBI said in a statement on its website

The number of NPA accounts rose from 2,08,035 as of March 31, 2014, to 6,17,306 as of December 2019

Mutual Funds say they didn't need to use their liquidity line fully

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

Senior SBI executives said most of those seeking deferment are retail and micro and small enterprises and are hard-pressed for resources when earning and cash flows have almost dried up.

Axis' credit costs for the quarter ended March 31, 2020 are higher than anticipated, but some of it is precautionary

Considers 25 fresh credit proposals from shadow banks

The rise in currency in circulatiom is perplexing when economic activity has nosedived. Generally, CIC should rise in tandem with growth in economic activities, as people need cash to transact

During March-April 2020, PSBs sanctioned loans worth Rs 5.66 lakh cr for more than 41.81 lakh accounts

RBI had earlier announced a three-month moratorium on loans by banks to NBFCs.

Those eligible for the benefit will have to show a cash shortage to prove that they will not use the relief to divert funds for other purposes.

The RBI has allowed banks to extend moratorium to borrowers of term loans of all kinds for three months -- March, April and May. "SBI has taken a decision to extend the moratorium allowed by RBI to the NBFC sector which is facing severe problem of cashflow," Khara said.

The borrowers represented the micro, small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors, which was indicative of an economic revival, said finance minister Nirmala Sitharaman’s office in a tweet on Thursday.

In the previous fortnight which ended on April 10, 2020, bank credit had grown by 7.20 per cent and deposits by 9.45 per cent.

“Anyone who has not been able to pay because of the moratorium, we have taken care to not report them to rating agencies,” Yes Bank managing director Prashant Kumar said. “Customers cannot be penalised for that.”

On Monday, the front-month US WTI benchmark crashed into negative territory for the first time ever in history

Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

Though WTI recovered, investment in alternative fuels like shale has become unviable.

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years

Variables such as nominal gross domestic product (GDP), central bank balance sheets, or official gold reserves will remain the key determinants of gold prices.

Report points to the possibility of grains being hoarded by farmers and traders to be sold at a later date when mandi operations and logistics normalise

The Rupee is finding resistance around 77.06 and upside momentum will continue above that level

Demand continues to remain high, as harvesting and shipping issues hamper supplies

Farmers hold on to stocks due to great demand for high-quality Indian produce