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Rising Covid spends, fuel prices, online delivery will crowd out consumer demand, warns SBI report

Rising Covid spends, fuel prices, online delivery will crowd out consumer demand, warns SBI report
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Last Updated: May 17, 2021, 07:07 PM IST
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As the pandemic rages through the country, it is worthwhile to look beyond the headline inflation as rural core has now jumped to 6.4 per cent in April and will rise further in May. The increasing health spend due to the pandemic is having a meaningful impact in rural areas, Ghosh said.
The report said households inflation expectations have softened.
The massive increase in healthcare spends, especially in the hinterland, steadily rising fuel prices and online delivery of articles will increase inflation pressure much higher on one hand and crowd out other consumer spending on the other, putting a big question mark on overall growth that s still being driven by consumption demand, according to a report. ....

Soumya Kanti Ghosh , Kanti Ghosh , State Bank , Reserve Bank Of India , Headline Inflation , Core Inflation , Retail Inflation , சௌமிய காந்தி கோஷ் , காந்தி கோஷ் , நிலை வங்கி , இருப்பு வங்கி ஆஃப் இந்தியா , தலைப்பு வீக்கம் , கோர் வீக்கம் , சில்லறை வீக்கம் ,

Covid care: Companies roll out wellbeing allowances

Covid care: Companies roll out wellbeing allowances
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Covid care: Companies roll out wellbeing allowances
Shilpa Phadnis / TNN / May 13, 2021, 06:44 IST
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BENGALURU: Companies are rolling out wellbeing allowances for their employees to deal with expenses related to Covid. Some are also supporting them with extended workfrom-home benefits and creating dashboards for verified Covid-related information.
Salesforce India is giving Rs 15,000 as a one-time payout to go towards any Covid-related expenses, sources told TOI. Salesforce is offering $250 for office tools and equipment, in addition to the $250 provided last year. To support working parents, it has expanded its family care leave, making them eligible for six weeks of paid time off. VMware, which has nearly 11,000 employees in India, has rolled out a wellbeing allowance of Rs 29,565. ....

Rajeev Bhardwaj , Allianz Life Insurance , Sun Life , Business News , Target India , Salesforce India , Co Vid , ராஜீவ் பரத்வாஜ் , அலையன்ஸ் வாழ்க்கை காப்பீடு , சூரியன் வாழ்க்கை , வணிக செய்தி , இலக்கு இந்தியா , விற்பனையாளர் இந்தியா , இணை வித் ,

Welcome To IANS Live - BUSINESS - Jindal Stainless gets first major credit re-rating uplift

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New Delhi, May 13 (IANS) In the first-ever such development, Crisil Ratings has assigned CRISIL A+/Stable rating to the long-term credit facilities of Jindal Stainless Ltd (JSL).
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Update: 13-May-2021 ....

New Delhi , Jindal Stainless Ltd , News Service , India Private , Jindal Stainless , Crisil Ratings , All Rights , புதியது டெல்ஹி , ஜிண்டால் எஃகு லிமிடெட் , செய்தி சேவை , இந்தியா ப்ரைவேட் , ஜிண்டால் எஃகு , மிருதுவான ரேடிஂக்ஸ் , அனைத்தும் உரிமைகள் ,

K C P receives upgrade in credit ratings from CRISIL

Read more about K C P receives upgrade in credit ratings from CRISIL on Business Standard. Long-term rating - CRISIL A/Stable (Upgraded from CRISIL A-/Stable)Short-term rating - CRISIL A1 (Upgraded from CRISIL A2+)Rs 125.00 crore fixed deposit programme - F A+/Stable (Upgraded from FA/Stable)Rs 70.00 crore non-convertible ....

Rating Withdrawn , Capital Market , S Ampp Global , Economy Of India , Sankar Chakraborti , மூலதனம் சந்தை , கள் அம்ப்ப உலகளாவிய ,

Crisp Co. residents begin cleanup after Tuesday's storms

At least 1,200 people were without power in Crisp County Wednesday afternoon after strong winds tore through the area downing trees and power lines. ....

Paige Jackson , Crisp County Wednesday , Lincoln Pinch Drive , Crisp County , பைஜ் ஜாக்சன் , மிருதுவான கவுண்டி ,