The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
Day: April 16, 2020
RBI wants banks to take call on package, moratorium extension for NBFCs | Business Standard News
However, banks have argued that the regulatory forbearance was extended for working capital, and for retail customers The Reserve Bank of India (RBI) is unlikely to take
Amid dire economic forecasts, an urgent govt response is awaited | Business Standard Editorials
Ahead of the spring meetings — or, this year, video conferences — of the Bretton Woods institutions, both the World Bank and the International Monetary Fund (IMF) have released
Hotels, restaurants support lockdown extension but expect whopping 70% job loss without govt relief – The Financial Express
Ease of Doing Business for MSMEs: The national body for hotels and restaurants associations – The Federation of Hotel & Restaurant Associations of India (FHRAI) said
Coronavirus outbreak: Rs 1,000 crore of Gujarat’s cotton yarn exporters stuck – The Financial Express
Nearly Rs 1,000 crore of Gujarat’s cotton yarn exporters have been stuck due to closure of domestic and international courier services in wake of the
IBC suspension: Creditors to take a hit, but breather for several firms – The Financial Express
The Cabinet is likely to consider, at its next meeting, an Ordinance to amend the IBC to hold off proceedings in the insolvency courts. The
One-time loan restructuring, fire sale of inventory: Deepak Parekh’s prescription for real estate – The Financial Express
He asked for a one-time restructuring of stressed developer accounts as that would offer a better way to renegotiate timelines of repayment than the legal
Lockdown extension is no surprise, but lack of economic roadmap is – The Hindu BusinessLine
In his Tuesday speech, the Prime Minister strove to drive home the point that the 21-day lockdown had slowed the march of coronavirus (which indeed,
Lockdown extended: But where are the big bang fiscal stimulus measures? – The Hindu BusinessLine
In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative
NBFCs: More than 4/5th of NBFCs sufficiently liquid, hints RBI monitoring mechanism – The Economic Times
Mumbai: The Reserve Bank of India’s (RBI) monitoring mechanism suggests that more than four-fifths of the non-bank lenders by assets are sufficiently liquid to withstand
India lockdown | Coronavirus lockdown: Banks stare at defaults as cabbies go home–Economic Times
Mumbai | Bengaluru: The exodus of cab drivers from Indian metropolises in the wake of the Covid-19 pandemic will trigger a massive default in vehicle loans, according
PM should involve CII, FICCI, small industry and farmers representatives in Corona task force–Economic Times
The war against the corona pandemic has to be fought on two fronts. The first is the containment, control and elimination of the pandemic. The
Indian IT to face near-term disruption, but will revive soon: Pravin Rao, Nasscom Chairman – The Economic Times
Infosys’ chief operating officer Pravin Rao has taken over as chairman of the National Association of Software and Services Companies (Nasscom), the IT industry lobby group, at a time
Agriculture growth won’t take big hit: Narendra Singh Tomar – The Economic Times
As the rabi (winter) harvest commences in parts of the country, the governments in the states and at the centre need to perform a deft balancing act
Bring in the MSME relief package–Economic Times
The national Covid-19 lockdown and consequent loss of production call for a package of proactive measures to boost credit availability for India’s micro, small and
Welcome end to total lockdown–Economic Times
It is welcome that the prime minister has promised a review on the resumption of economic activities, while extending the all-India lockdown to May 3.
Investing in healthcare infrastructure can drive growth, prepare for next pandemic – The Economic Times
Many businesses having been left with zero revenue for one-and-a-half months, the Indian economy will struggle to recover even when the generalised lockdown is lifted on May
Coronavirus lockdown: Graded opening likely from April 20 – The Economic Times
New Delhi: Prime Minister Narendra Modi extended the nationwide Covid-19 lockdown until May 3, with a close scrutiny of how well the closure is observed across the country for
India has to get back to business; marginal cost is far exceeding the marginal benefit – The Economic Times
Economics students spend a lot of time learning the concept of marginal cost and marginal benefit. These are simple but powerful ideas. Economics 101 typically discusses marginal
Local inputs crucial to easing lockdown restrictions from April 20 – The Economic Times
New Delhi: Gradual resumption of economic activity in the country will be based on the assessment by local administrations regarding control of Covid-19 on the ground, said people with
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