A global consumer default wave is just getting started

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THE ECONOMIC TIMESDaily Newsletter Sun, Mar 29, 2020 | 05:51 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day A global consumer default wave is getting started in China The early indicators from China aren't pretty. Overdue credit-card debt swelled last month by about 50% from a year e... Coronavirus scare: FPIs pull out Rs 1.12 lakh crore in March so far 7 out of top 10 firms add Rs 1.23 lakh cr to m-cap; Infosys, Reliance lead Peak power demand falls 28 per cent to 117 GW in since March 20 Mega merger of state-run banks comes into force from April 1, says RBI No fuel crisis in India; enough stock of petrol, diesel, LPG: IOC Saudi assures India of uninterrupted LPG supply: Oil minister India Inc wants govt to make this financial year a 15-month one

Coronavirus Updates How to catch a Covid patient, Sherlock-style Remote heat maps, phone tracking, crowd sourcing apps and spying neighbours have all been pressed to the task.... Locked up: No masks, sanitizer as virus spreads behind bars 106 new COVID-19 cases, six deaths reported from six states in last 24 hours: Health Ministry Mass exodus, rising count now new normal in India Time for new economic ideas in the time of coronavirus

SENSEX 29815.59 -131.18 NIFTY 50 8660.25 18.80 USD/INR 74.86 -0.31

Top Gainers NSE 13 companies (largecap) appreciated more than 5% Bandhan Bank Ltd. 15.75% Shriram Tran Fin 11.33% More from Gainers Top Losers NSE 12 companies (largecap) price decreased more than -5% Bajaj Finance -9.00% Adani Enterpr. -8.73% More from Losers

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PM asks for forgiveness for hardship due to lockdown "I ask for forgiveness from my country men especialy the poor who have been asked to remain under lockdown and have t... Labour Ministry allows EPF withdrawal amid lockdown Wuhan shrimp seller identified as coronavirus 'patient zero' Centre asks states to seal state, district borders to stop exodus of migrants Appliances, consumer electronic makers assist customers virtually amid lockdown Houston hospital first in US to try coronavirus blood transfusion therapy Anil Agarwal for the first time takes board position on Vedanta Ltd Rahul Gandhi urges PM to provide social safety net for those hit by lockdown Nearly one lakh in Uttar Pradesh to be quarantined: Reports

More From our Partners How Tier 2 and Tier 3 cities are set to drive major business in next 5 years? FinTech Companies can achieve customer satisfaction and loyalty, by focusing on technologies such as blockchain.

Top Slideshow Lockdown: Unique way to dissuade defiers Top Video PM seeks pardon over lockdown hardships

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