India’s Covid issue could be exacerbated by a second major cyclone in less than two weeks.

Amit Shah, the federal home minister, has directed state governments to ensure that hospitals, laboratories, vaccine cold stores, and other medical facilities have appropriate power backup. According to the India…

Continue ReadingIndia’s Covid issue could be exacerbated by a second major cyclone in less than two weeks.

In the face of the pandemic, BlackRock has joined the ranks of funds betting on the recovery of Indian assets.

Portfolio managers try to navigate the pandemic in India by concentrating on the country's long-term growth prospects. The pandemic has exacerbated the health crisis, but stock outflows have been restricted…

Continue ReadingIn the face of the pandemic, BlackRock has joined the ranks of funds betting on the recovery of Indian assets.

The Supreme Court has slammed Uttarakhand for violating Covid norms at the Kumbh Mela and the Char Dham Yatra.

The state government of Uttarakhand was strongly chastised by the Uttarakhand High Court for failing to ensure that procedures were followed when religious gatherings were held in the midst of…

Continue ReadingThe Supreme Court has slammed Uttarakhand for violating Covid norms at the Kumbh Mela and the Char Dham Yatra.

Bad loans: The Supreme Court has allowed banks to rely on personal guarantees from defaulters.

Even if bankruptcy proceedings against the firms are pending, the Verdict allows lenders to pursue payment from guarantors of loans. The Indian government's notification to invoke personal guarantees of promoters…

Continue ReadingBad loans: The Supreme Court has allowed banks to rely on personal guarantees from defaulters.