MUMBAI: Large banks had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the Covid-19 outbreak.
Day: March 19, 2020
GoAir news: GoAir asks some employees to go on leave without pay – The Economic Times
Mumbai: Low fare carrier GoAir is asking a chunk of its employees to go on rotational leave without pay as the Coronavirus crisis makes a
Coronavirus cases in India: View: Get ready. A bigger disruption is coming – The Economic Times
By Pankaj Mishra As global supply chains break, airlines slash flights, borders rise within nation-states, stock exchanges convulse with fear, and recession looms over economies,
Mnuchin: Trump wants checks sent to public in coronavirus response – The Economic Times
Bigger than the 2008 bank bailout or the 2009 recovery act, the White House proposal aims to provide a massive tax cut for wage-earners, $50
Lakshmi Vilas Bank: Lakshmi Vilas Bank initiates action against senior executives, prunes staff strength – The Economic Times
Private sector lender Lakshmi Vilas BankNSE -3.28 % has initiated action against three of its senior executives for not taking adequate safeguards while lending even
From creditor’s claim to death on duty, here’re the top court orders | Business Standard Column
Secured creditor’s claim above taxmen’s The income tax authorities cannot claim a superior right to attach a property already sold under the direction of the
Virus concerns overblown, market overreacting: Keki Mistry – The Economic Times
There is a belief in the market that this time, delinquency will start in the home loan market. There would be problems in paying EMIs.
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
NCLT allows 90 days’ extension for Jet Airways insolvency process – The Economic Times
MUMBAI: The National Company Law Tribunal (NCLT) on Wednesday allowed 90 days’ extension for the corporate insolvency resolution process of Jet AirwaysNSE -1.55 %. Jet
Govt encouraging people to avoid using cash to stop coronavirus transmission – The Economic Times
The government has asked banks to encourage customers to use digital payment methods like UPI, NEFT, mobile banking and debit and credit cards instead of
View: What makes world economy particularly susceptible to this virus crisis – The Economic Times
By Ruchir Sharma Though the US Federal Reserve moved aggressively over the weekend to slash rates, investors around the globe were not comforted. Now the
gst: Demonetisation, GST & liquidity crisis drove small businesses to the brink. Then came coronavirus – The Economic Times
As lockdown of entire cities takes place, consumer confidence has fallen sharply. No industry has been spared and major shows and events across the world
coronavirus insurance policy: Are deaths due to coronavirus covered by life insurance policies? | COVID-19 Updates
Every policyholder should scrutinise the exclusions of their life insurance policy The World Health Organization (WHO) has declared the coronavirus or COVID-19 a pandemic. The
Avoid discretionary travel, eating out: Donald Trump says coronavirus crisis could stretch up to August – The Economic Times
WASHINGTON: As Americans prepared to confine themselves within their homes to stop the deadly spread of coronavirus, US President Donald Trump has warned that the
Missing in Action, Private Sector–Economic Times
The Covid-19 pandemic calls for all hands on deck. In India, private hands have been missing in action. This must be remedied. India appears to
For Individual Effort In Virus Battle–Economic Times
The novel coronavirus global pandemic is a medical emergency that calls various public health measures to effectively contain its spread and impact, including precautions at
Coronavirus impact on SMEs: India’s small businesses were struggling. Coronavirus may be their death knell – The Economic Times Video | ET Now
The coronavirus outbreak is making small businesses across sectors struggle to make ends meet. With GST compliance issues, slow domestic demand and demonetisation already playing
Stressed NBFC sector relying more on banks for borrowings: Care Ratings – The Economic Times
Facing difficulties in raising money from the capital market, non-banking financial companies are relying more on banks to meet their funding requirements, with lending to
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Covid-19 impact: India Inc seeks moratorium on loans, waiver on levies – The Financial Express
By Malini Bhupta Hit by near lockdown conditions across the country, Corporate India is expected to seek relief from the government. On a conference call on