While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation
The Covid crisis makes "data driven" projections inaccurate, as the past provides zero guidance for the future.
From India's first non-agri-driven recession, to Parliament missing in action, and why study suggests blood cancer patients usually survive Covid-19 - read these and more in today's India dispatch
The assessment is based on an analysis of 57 CRISIL-rated FMCG companies that account for approximately 50% of the sector's revenues
After hitting multi-year lows, metal prices have seen some gains. Though lower input costs are supportive, demand is the crucial missing piece
Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?
New cases have been averaging more than 6,000 a day over the past week as authorities begin easing stringent lockdown restrictions gradually to prevent economic costs from blowing out further
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
Extension in lockdown, higher economic costs and an economic package that lacked muscle are the three key reasons why Crisil has downgraded the GDP forecast now
3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact
A senior State Bank of India executive said the moratorium is apt for small and medium enterprises whose cash flows have been impacted severely
Large-cap focus, diversification pay off
Traditional trade sees bigger drop, says Nielsen
Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions
Given the nationwide lockdown and weak travel sentiment, global aviation consultancy CAPA revised downwards estimates for India's air traffic for the for FY21 from 80 to 90 million to 55-70 million
Ratings have been cut for 847 companies
Response from investors is expected to be lukewarm
Toll collection has restarted since, but there is unlikely to be a V-shaped revival in traffic after the lockdown ends - probably - on May 17. There will only be a gradual return to normalcy
At present, the country is under a 40-day lockdown till May 3, and there are indications of it being gradually withdrawn.
According to a Business Standard report, the Centre is considering a proposal to guarantee Rs 3 trillion of loans to small businesses as part of a plan to restart economy