Summary “Given the lack of risk appetite in banks, a structure with partial credit guarantee by the government maybe the only viable option to ease liquidity
Day: April 24, 2020
Govt decides to suspend up to 1 year IBC provisions that trigger fresh insolvency proceedings: Report – The Economic Times
Section 7, 9 and 10 of the IBC would be suspended for six months and the suspension time can be extended up to one year.
Nitin gadkari: Centre working on scheme to reimburse pending dues to MSMEs with interest: Gadkari – The Economic Times
In an interaction via video conferencing with the representatives of Bharat Chamber of Commerce, the minister for MSME and transport said the default on pending
Corporates miss vendor payments, bill discounting platforms see red – The Economic Times
Several large corporates which have issued ‘bills of credit’ are now demanding additional 30 to 60 days to honour their commitment. According to leading players
26 million have sought US jobless aid since virus hit – The Economic Times
The enormous magnitude of job cuts has plunged the US economy into the worst economic crisis since the Great Depression of the 1930s. Some economists
india news: View: India can show the way to be smart, not coy, on rolling back decades of inflation-era dogma – The Economic Times
It’s time to establish credibility with action, and not by observing institutional niceties. A Holy Grail of policymaking since the end of the 1970s high-inflation
View: Getting back to work — carefully – The Economic Times
A lockdown of economy for so long a period is unviable. So how do we lead any semblance of a normal life? In the post-Covid
Jet Airways: Running out of luck at just about every turn – The Hindu BusinessLine
Several attempts were made to revive Jet, but none bore fruit When Jet Airways suspended operations a year ago, its over 20,000 employees were hopeful
Sunanda K Datta Ray: US, China on the brink of a new global cold war
We are on the brink of a global war. It’s not just a battle against a mysterious and deadly germ but an old-fashioned contest for supremacy
Removing ambiguity: Government does well to keep lines of communication open and encourage restart of factories
A signature measure of the Narendra Modi government to improve the environment for doing business in India was to bring punishments in line with the
Let it flow: World continues imbibing during the lockdown, don’t force abstinence on India either–Times of India
Even with airports, malls, bars and restaurants shuttered up the world hasn’t stopped drinking. Only, it is drinking at home these days. Some places like
Fiscal package is overdue–Times of India
IMF has forecast that India’s economy in the current financial year will expand by 1.9%, the lowest level in about three decades. A couple of
Unparalleled global recession underway, twice as severe as 2009: Report – business news – Hindustan Times
Fitch said the slump in FY21 growth was mainly due to a projected fall in consumer spending to just 0.3 per cent in FY21 from
When your private space is actually a public space – analysis – Hindustan Times
For millions in urban India, it is the street, the marketplace, or the public transport that offers moments of privacy Prakash Nedungadi As the lockdown
Post lockdown, India’s economy should not lapse into ‘permit raj’ | The Indian Express
At this crossroads, missteps can change nation’s trajectory for decades to come. We cannot have the poor, the labourers and the migrants bear the brunt
Maruti not to resume production despite permission from the authorities – The Hindu
Earlier, the Haryana government issued a permission certificate to the company saying the “authorised strength” of the company during the lockdown period would be 4,696
Exploiting a pandemic: The Hindu editorial on Trump’s immigration policy – The Hindu
Trump’s immigration policy is more campaign point than response to impact of the virus United States President Donald Trump has announced that he would be using an
Non-essentials can wait: The Hindu Editorial on e-commerce flip-flop – The Hindu
While the flip-flop on e-commerce seems arbitrary, caution is best during a pandemic The Centre’s last-minute reversal of its decision to allow e-commerce companies to resume deliveries
View: Only time will tell if Jio-Facebook deal is beneficial for India – The Economic Times
This deal gets Jio easier access to hundreds of millions of users across WhatsApp, Facebook and Instagram. Facebook and Jio together also have access to
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