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Madan Sabnavis: Latest News

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02.09.2020 / 19:58

Salaried reassess money goals as covid-19 widens liquidity gap

Mint. The firm determines the score by taking into account over 70 parameters such as income, expenses, cash flows, liquidity, loans, insurance, goals and investment.Households are dealing with uncertainty around cash flows in the short to medium term.

virus covid-19 recommendations economy

Expansion plans of Indian Hotels on track despite covid blues

₹90,000 crore in 2020, said the Hotel Association of India (HAI), which represents 300 hotels across categories.The current debt levels in the organized hospitality sector, which is barely 10% of the total industry, stands at ₹45,000 crore, HAI added.The hotel business has a negative outlook for the year with little hope of a revival, said Madan Sabnavis, chief economist, Care Ratings Ltd. Any company looking at expansion is operating on a medium- to long-term strategy, he added.“Given that the country has been under lockdown for almost a year, there will be a pent-up demand.

India hospital 2020 travelers Coronavirus track

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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