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Credit Suisse said the credit cycle in India is at an earlier stage compared to all other markets in the region. “The scope for rate cuts is greater than in perhaps every other market save Indonesia,” the brokerage said.
Retail, wholesale prices of chicken crash 10-35%Wholesale prices have crashed 60% for chicken and 27% for eggs as companies and suppliers grapple with a reduction in demand.Online food and grocery operators such as Grofers and BigBasket as well as meat delivery companies h… Read MoreSGX Nifty down 30 points; here's what changed for market while you were sleepingAsian stocks were mostly lower on Tuesday, tracking Wall Street declines as political turmoil in Washington and rising coronavirus cases worldwide weighed on sentiment ahead of the start of the quarterly earnings season.
fro… Read MoreStocks in the news: Adani Green, RIL, GAIL, Karnataka Bank, Tata Elxsi and Dr Reddy's LabsReliance Retail will exit direct sale of packaged food, grocery and FMCG goods on its e-commerce platform JioMart.
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… Read MoreAsia shares mostly lower amid rising coronavirus cases, Washington turmoilJapan's Nikkei slipped 0.48 per cent, South Korea's KOSPI fell 0.91 per cent and Hong Kong's Hang Seng index futures lost 0.54 per cent.
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… Read MoreReal bank stress may be hidden by easy liquidity: RBI's Shaktikanta DasThe extraordinary easy liquidity policies of the Reserve Bank of India (RBI) have helped banks report strong financial parameters but these numbers do not necessarily reflect the true stress in the system due to the pandemic,… Read More
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