Acko General Insurance on Tuesday said it will offer one month’s vehicle insurance free of charge to its customers in the wake of the coronavirus
Day: April 8, 2020
Relief from moratorium and rate cuts are proving elusive for retail borrowers – The Hindu BusinessLine
As livelihoods suffer severe setbacks from Covid-19 and the state-imposed lockdown, Indian policymakers have been quite stingy with their direct support measures targeted at households.
Retail industry will take almost a year to recover from Covid-19 shock – The Hindu BusinessLine
The Indian retail industry may take at least 9-12 months to recover from the aftermath of the coronavirus pandemic. 20-25 per cent of the industry
India opens up drug export after Trump cracks the whip–Deccan Chronicle
New Delhi: The Narendra Modi government hastened to comply after Donald Trump warned of “retaliation” if India did not export the anti-malarial drug hydroxychloroquine to the
‘Be infected with coronavirus,’ lawyer curses judge after unfavourable verdict | Deccan Herald
In an “abominable” act of misconduct after failing to get a favourable order, a lawyer cursed a Calcutta High Court judge, swearing he be infected
70% of India’s economy hit by lockdown, 10 crore jobless, says Subhash Chandra Garg | Deccan Herald
“The 21-day lockdown would hit 70 per cent of India’s economy but has already rendered at least 10 crore workers of the mining, construction, manufacturing and
Exit strategy: End lockdown in a fashion that’s staggered geographically and sectorally–Times of India
As India enters the final phase of the lockdown which began a fortnight ago, Prime Minister Narendra Modi asked the country to ready itself for
Post-lockdown Blueprint: Hotspot containment will only be successful with uninterrupted supply of essentials–Times of India
As coronavirus cases continue to rise in the country, AIIMS director Randeep Guleria has said there may be some community spread of Covid-19 infections in
‘India has 3-5% of GDP that it can put into this process of stabilisation of the economy’–Times of India
What does the World Bank’s $1 billion Covid-19 package for India entail? The objective is to support the government’s effort to stop the pandemic. It’s
Covid-19: Why focus should now shift to these 10 districts – Times of India
The pandemic seems to be slowing down in the worst-hit countries, but it will take a while for India to get there. Right now India
Indian tea exports may decline by up to 8% over Covid-19 outbreak | Business Standard News
Tea production in India took a particularly bad hit as the impact of the pandemic coincided with the first flush harvest Indian tea exports may
Investment pipeline in economy chokes as key indicators show deterioration | Business Standard News
The investment pipeline in the economy is choked with four out of the six key indicators – investment rate, bank credit offtake, industrial production of
Force majeure does not extend expiry dates in letters of credit: Expert | Business Standard News
Q. Many of the letters of credit opened by foreign buyers on us for export of goods expire during the lockdown. We have made the shipments but
Lockdown and rewiring banks | Business Standard Column
With the spread of Covid-19, governments have mandated lockdowns and social distancing, thereby creating a paradigm shift in the working of banks, from a traditional
RBI tells states: Don’t worry, pay back your dues later; gives breather on repayment of dues – The Financial Express
From the current 14 working days in which state governments can be in overdraft continuously, RBI has decided to increase the number of days to 21 working
India Must Shore Up Pharma Production–Economic Times
To export drugs and pharmaceuticals or not to export? Today, on World Health Day, the Centre needs to decide. True, meeting domestic demand is critical,
Lowest ever GST on imports in March – The Economic Times
NEW DELHI: The government managed to rake in just over Rs 18,000 crore through integrated GST (IGST) on imports in March, the lowest since the new tax regime kicked
Looking beyond the lockdown: Re-orient economic policy towards the poor | Deccan Herald
S G Vombatkere, Migrant workers carry sacks of groceries distributed at their workplace during a government-imposed nationwide lockdown as a preventive measure against the coronavirus.
Job cuts on anvil: Small, medium retailers may layoff this many employees as Covid-19 kills liquidity – The Financial Express
Skilling, Labour, Talent for MSMEs: Small and medium retailers in the country are heading towards manpower rationalisation amid financial pressure and liquidity crisis due to Coronavirus
RBI: Moratorium option should be for all: RBI – The Economic Times
Mumbai: The Reserve Bank of India (RBI) on Monday reached out to several banks and non-banking finance companies to say that borrowers should be considered ‘under moratorium by
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