The government has set up 11 empowered groups headed by senior bureaucrats and Niti Aayog representatives to coordinate the response to the situation arising out
Day: March 31, 2020
‘The positive effect of coronavirus is customers will not put all eggs in the Chinese basket’–Times of India
What is the scenario with Indian engineering exports this fiscal? Last year, we touched $81 billion in engineering exports, as against $76 billion achieved in
Lockdown to hit performance of commercial vehicle and SME loans in Indian asset-backed securities: Moody’s – The Hindu BusinessLine
The economic disruption caused by the 21-day lockdown will hit the performance of commercial vehicle and small and medium enterprise (SME) loans in Indian asset-backed
Reverse migration of workers raised new concerns – The Hindu BusinessLine
Hordes of workers clogging sealed State borders reflects the government’s poor grasp of migrant labour issues The Home Ministry’s announcement on Sunday evening to seal
A holistic strategy is required to deal with Covid-19 – The Hindu BusinessLine
The govt should not look at the fiscal deficit till the pandemic is contained. Like in war time, the state could commandeer all resources for
GST compliance of companies under IBC: Gaps in the new mechanism | Business Standard Column
Recently, the ministry of finance notified the process to be followed by an interim resolution professional (IRP) or resolution professional (RP) for ensuring GST compliances
COVID-19: Prepare for second-order effects | Business Standard Column
As India enforces a 21-day lockdown, I have a sense that we are living in the pleasant hope that we will dramatically slow the spread
The liquidity gush | Business Standard Editorials
The Reserve Bank of India (RBI) did well to advance the monetary policy committee (MPC) meeting and announce a range of measures to support the
Tata, Bajaj among 277 promoters that hiked stake in group firms in March | Business Standard News
Analysts say the promoters are using this opportunity to buyback is a typical feature of a bear market The 40 per cent correction in benchmark
Covid-19 crisis: Imposing a financial emergency can be useful | Business Standard Column
On March 26, the Centre for Accountability and Systemic Change (CASC), a governance reform outfit, filed a petition with the Supreme Court, seeking that the
Measures announced by RBI are enough for now but what next, Mr Das? | Business Standard Column
Last Friday, the Reserve Bank of India (RBI) did more than what the market was expecting from the central bank. It cut the policy rate
US healthcare, one of the best in world, under deep stress due to Covid-19 | Business Standard News
The US healthcare system, considered to be the best in the world, is under deep stress due to the coronavirus outbreak with medical professionals expecting
Bankruptcy deadlines relaxed: IBC activity falling behind during lockdown can be finished later – The Financial Express
The decision is taken after considering that it is difficult for the insolvency professionals to continue to conduct the process and for members of the
Software company Zoho accuses rival Freshworks of stealing customer data; files legal case in US court – The Financial Express
Two of India’s leading software-as-a-service (SaaS) companies – Zoho and Freshworks are at loggerheads. Zoho has sued Freshworks in a US court alleging data theft
Strong economy may prevent India from recession; almost all G20 countries can face economic contraction – The Financial Express
As the spread of coronavirus is still unchecked and the disruptions in economic activities are not expected to end anytime soon, most of the countries
COVID-19 virus: Hit by a virus and lockdown, the wheels are coming off the Indian logistics industry – The Economic Times
Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their
Hero MotoCorp suspends payments to suppliers amid lockdown – The Economic Times
NEW DELHI | MUMBAI: The country’s largest two-wheeler manufacturer Hero MotoCorpNSE -6.56 % said it’s invoking force majeure to suspend full payments to vendors, since
Lockdown period won’t be counted in IBC timeline: IBBI – The Economic Times
New Delhi: Lockdown period will not be counted towards the timeline for any activity under the corporate insolvency resolution process. “…the period of lockdown imposed
Coronavirus: Maharashtra releases 601 inmates from 37 jails in 3 days – The Economic Times
MUMBAI: The Maharashtra government has released 601 inmates from 37 prisons in the last three days to reduce crowding in view of the coronavirus outbreak,
lockdown impact on msmes: A quarter of MSMEs may shut shop if the lockdown persists – The Economic Times
Bengaluru: More than one fourth of India’s 69 million micro, small and medium enterprises (MSMEs) may shut shop if the lockdown extends beyond four to
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