I am having no quarrel with the direction of what the government is doing; yes you do need to focus on the needy, you do
Month: March 2020
Minimising coronavirus damage: After poor, govt must now focus on small businesses, industries – The Financial Express
The lockdown situation could lead to one of every three retail stores in the country shutting shop. While Finance Minister Nirmala Sitharaman has announced a
Covid-19 packages will take care of both people, corporates: Rajiv Kumar, vice-chairman, Niti Aayog – The Financial Express
India has unveiled both fiscal and monetary policy stimulus measures to minimise the negative impact of the coronavirus on economic activities and address the needs
Further fiscal and monetary stimuli will not help. Best to be patient | Business Standard Column
When aggregate demand in a county collapses, we know what to do. We turn to the Keynesian identity which exhorts governments to spend more money
Expert Explains: Is India ready for the group insolvency | Explained News,The Indian Express
Written by Dheeraj Nair & Angad Baxi Group companies are a set of entities related by shared control or economic dependencies. At present, the Insolvency
Coronavirus crisis: SMEs send SoS to govt on salaries; else retrenchment inevitable–Business Today
With factories closed and cash flow virtually dried up, small and medium private firms want the government to come up with financial support for payment
Coronavirus in India: COVID-19 lockdown may cost the economy Rs 8.76 lakh crore; here’s how–Business Today
The exercise is to find out the cost of the 21-day nationwide lockdown while the economy is on complete bed rest India is now facing
Coronavirus outbreak: Why FM Sitharaman’s decision to relax IBC is an important move for businesses–Business Today
The strengthening of the Covid-19 problem also presents an existential crisis for India’s SMEs and SSMEs which have been grappling with a fall in consumer
India’s MSME sector swells, adds these many enterprises in FY20; micro businesses dominate – The Financial Express
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
coronavirus updates: IMF chief Kristalina Georgieva: We have entered recession – The Economic Times
WASHINGTON: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva
Forex reserve: Covid effect: Biggest weekly fall in forex reserve since 2008 – The Economic Times
The forex reserve is expected to drain further in the subsequent weeks. India’s foreign exchange reserve fell the most in nearly 12 years by as
EMI moratorium: RBI’s moratorium on loan EMIs: What we know so far – The Economic Times
The three-month moratorium is applicable to all term loans. That means car loans, home loans, corporate loans, education loans, personal loans. The RBI has made
Covid-19 scare: Depositors withdraw Rs 53,000 crore cash in 15 days – The Economic Times
Mumbai: Indians have been withdrawing cash from banks this month to prepare themselves for likely emergencies, with the Covid-19-induced shutdown in the last week of
ET View: RBI should better target liquidity injection – The Economic Times
It is reassuring that RBI governor Shaktikanta Das has reiterated that, “all instruments – conventional and unconventional—are on the table.” It is welcome that the
term loans: What 3 month moratorium on repayment of term loans means for borrowers – The Economic Times
By Pragati Kapoor Prima facie, the 3 month moratorium on repayment of term loans by borrowers means that they would not have to pay the
Repayment moratorium covers all loans, including credit card dues: RBI – The Economic Times
Mumbai: The moratorium on loan repayment between March 31 and May 31, is applicable on all types of retail credit, including credit card outstanding balances,
coronavirus: 15 lakh air travellers entered India in 2 months: Cabinet Secretary – The Economic Times
NEW DELHI: Cabinet Secretary Rajiv Gauba has asked states to immediately strengthen surveillance of international air travellers who entered India between January 18 to March
RBI loan recast: Wish RBI had allowed one-time loan recast: Keki Mistry – The Economic Times
The bond markets have been virtually frozen and raising money from the bond market has been extremely difficult. RBI deserves a justifiable praise. Has the
Reassurance And Some Relief: RBI announces emergency measures but more is needed to remain afloat
In light of the coronavirus pandemic, RBI governor Shaktikanta Das has announced the emergency slashing of the repo rate by 75 basis points. He also
P Chidambaram welcomes RBI measures but says EMI deferment ambiguous, half-hearted – The Financial Express
Chidambaram said RBI’s direction on deferment of EMI payments is ambiguous and half-hearted. Congress leader P Chidambaram on Friday welcomed the RBI decision to cut
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