by pallanus | Jun 2, 2020 | Business News
Carmakers Maruti Suzuki , Hyundai and Mercedes Benz are offering buyers “teaser loans”, a move sources said followed a softening of the Indian central bank’s stance on the products in the face of a coronavirus crisis induced economic slump. Although...
by pallanus | May 29, 2020 | Business News
The much elusive mini trade deal that was supposed to be signed during US President Donald Trump’s visit to India will be signed in the coming few weeks. Indian ambassador to the US Taranjit Singh Sandhu confirmed that the two sides are on the verge of clinching a...
by pallanus | May 27, 2020 | Business News
Zero. That’s the combined domestic vehicle sales reported by top automakers in India for the month of April. All major carmakers operating in India — Maruti Suzuki, Mahindra and Mahindra, Hyundai, MG Motor and Toyota Kirloskar — reported zero domestic...
by pallanus | May 16, 2020 | Business News
Finance Minister Nirmala Sitharaman on Saturday announced the fourth tranche of an overall package of Rs 20 lakh crore to deal with the economic fallout of the Covid-19 pandemic which focussed on structural reforms in new sectors where growth is possible and...
by pallanus | May 13, 2020 | Business News
Indian lenders want the government to provide up to $2 billion to set up a “bad bank” at a time when their heavy pile of soured debt is expected to double in size due to the COVID-19 pandemic, according to two sources with knowledge of the matter. The banks have...
