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Moody’s downgrades India rating for 1st time in 22 yrs – Times of India
India Business News: Global ratings agency Moody?s Investors Service on Monday downgraded India?s sovereign rating to the lowest investment grade, saying the country?s pol Read More
reported by TNN at The Times of India
Over one-third MSMEs start shutting shop as recovery amid Covid-19 looks unlikely: AIMO survey – Economic Times
The govt’s package has not reached the MSMEs and is also not enough to make up for the loss, a study said. Read More
reported by Nishtha Saluja at The Times of India
Why Moody’s downgraded India – The Indian Express
Sustained loss of economic growth momentum, worsening government finances, and weak implementation of economic reforms since 2017 are some of the key reasons. Read More
reported by Udit Misra at The Indian Express
World equities edge higher despite U.S.-China tensions – Investing.com
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From the blogs
A Popular Company Launched Atta Maker With Classist Ad, Suggesting Only Domestic Help Get Covid News18
The ad comes across as highly insensitive and even dangerous as it might deepen the stigma against domestic workers. Read More reported by Jashodhara Mukherjee at...
Startup Livspace lays off 450 employees on adverse business impact from COVID Moneycontrol
Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a three-sided marketplace and a design automation platform that connects homeowners, certified designers and vendors. Read More reported by at...
Hyundai’s three employees at Chennai plant test positive for Covid Times of India
News News: NEW DELHI: Hyundai Motor India Ltd (HMIL) on Sunday said its three employees at Chennai-based manufacturing plant have tested positive for COVID-19. Read More reported by at The Times of...