NEW DELHI: All the 11 empowered committees constituted to suggest ways to tackle different aspects of the Covid-19 crisis have favoured a gradual lifting of
Month: April 2020
India’s cement demand may fall by 20-25% this fiscal if pandemic isn’t contained by May: Crisil | Deccan Herald
Cement demand in India is expected to fall sharply by 20-25 per cent in the current fiscal year if the COVID-19 pandemic is not contained
Lockdown: Continuous process industries exempted | Deccan Herald
The government has notified integrated steel plants, petroleum refinery units, cement plants, fertiliser plants, pulp and paper units among others under the new rules The
पत आणि पुण्याई | लोकसत्ता
करोनाने अधिकच विस्कटलेली आर्थिक घडी सावरण्यासाठी अन्य पक्षांतील नेत्यांच्या कल्पना ऐकणे व प्रत्यक्षात राबविणे, हे आता केंद्र सरकारला करावे लागेल.. एखाद्या योजनेच्या यशासाठी राज्यांस जितकी
मनोबल वाढवणारी सकारात्मकता | लोकसत्ता
माधव भांडारी मुख्य प्रवक्ता, महाराष्ट्र भाजप करोना संकटकाळात अनेक पातळ्यांवर केंद्र सरकार सक्रिय असताना, जनतेच्या आरोग्यासाठी काम करणाऱ्यांचे आभार मानणे आणि गेल्या रविवारचे ‘दीप प्रज्वलन’
Invoke escape clause under FRBM, says former RBI deputy governor Rakesh Mohan as he warns of huge fiscal cost – The Economic Times
Former RBI deputy governor Rakesh Mohan has called for invoking the escape clause under the FRBM Act even as he cautioned that it shouldn’t become a precedent. He has
India’s fiscal response to Covid-19 inadequate compared to other countries, says industry body – The Hindu BusinessLine
Till date, the Indian government has not announced any stimulus packages for companies or businesses. Many economists are of the view that the government is
SIDBI announces additional package for MSMEs to help fight against COVID-19 | Deccan Herald
The Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises
Telemedicine guidelines a step forward | Deccan Herald
The telemedicine guidelines issued by the government last week are timely and constitute a step forward. They are a major break from past practices of
COVID-19 pandemic pulls India’s service sector activity into contraction mode – The Hindu
India’s services sector activity contracted during March as the COVID-19 pandemic dented demand, particularly in overseas markets, while public health measures aimed at stemming the outbreak curtailed
Govt. may have to present second Budget to deal with COVID-19 aftermath, says Jairam Ramesh – The Hindu
With pandemic, everything has been turned upside down, according to the senior Congress leader. A day after Prime Minister Narendra Modi reached out to Opposition leaders including
India is being too defensive at the WTO on its food subsidies – The Hindu BusinessLine
India has not come anywhere near breaching the WTO limit of permissible subsidy being within 10 per cent of total agriculture output The Centre recently
A blueprint for a post-pandemic economy – The Hindu BusinessLine
Steps such as focussing on the distress of the aam aadmi, reviving the financial system, and raising the productivity of capital can take India forward
Covid-19 impact: Kaushik Basu details three steps for gradual opening of the economy – The Hindu BusinessLine
India’s former Chief Economic Adviser says that testing should be expanded vastly to get economy moving While social distancing and lockdowns are a must in
What are the legal obligations to pay wages during a lockdown? – The Hindu BusinessLine
What are the legal obligations to pay wages during a lockdown? The directions issued by the government to employers to pay wages to all the
Pandemic will lead to demand, supply and financial market shock: Moody’s – The Hindu BusinessLine
The sectors that will see positive impact include remote communications; online media, online retail; sectors that benefit from supply chain relocation; and vaccine developers The
Be ready to fight economic impact of Covid-19 on war footing: PM tells Ministers – The Hindu BusinessLine
Prime Minister Narendra Modi on Monday asked Union ministers to prepare plans to fight the economic impact of COVID-19 on war footing and asserted that
Covid-19: Economic opportunities and challenges | Opinion – analysis – Hindustan Times
When pandemics spread, they bring on an economic contagion, beyond the morbidity and mortality of the disease itself. Economic activity has been curtailed to enforce
COVID-19 impact: Banks to witness spike in credit costs, non-performing assets in 2020
Banks in the country are likely to witness a spike in their non-performing assets ratio by 1.9 per cent and credit cost ratios by 130
Insurers cannot decline death claim settlement in case of Covid-19–Indian Express
The Life Insurance Council on Monday said all the insurers are duty-bound to settle claims if a death occurs due to COVID-19. All life insurers, both
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