Ratings agency Icra on Monday said two-wheeler volumes are expected to contract by 11-13 per cent in FY2021 due to the coronavirus pandemic. The challenges are likely
Month: April 2020
Domestic air traffic to fall from 140 mn to 90 mn due to covid-19: CAPA | Business Standard News
Domestic air traffic is expected to drop to 80-90 million passengers in the current fiscal and delivery of more than 200 planes to Indian carriers
Businesses likely to face challenges in preparing financial reports in FY21 | Business Standard News
On April 1 every year, businesses unroll their budgets and targets for the new financial year. This financial year — FY21 — is different. As a relief from the
Finance to the fore | Business Standard Column
The epidemic, and the responses to it, have created stress for a lot of firms. A sound financial system will put out a lifeline for
Petrol sales shrink 15.5%, diesel 24% in March as Covid-19 lockdown wipes demand – The Economic Times
New Delhi: India’s petrol sales shrank by 17.6 per cent and diesel demand tanked nearly 26 per cent in March as the economy froze under the nationwide lockdown announced to check
Shinzo Abe: Japan PM Shinzo Abe proposes state of emergency over virus, $1-trillion stimulus – The Economic Times
Tokyo: Japan‘s prime minister on Monday proposed a state of emergency for several major regions seeing a sharp rise in coronavirus cases, as well as a stimulus package
Recession: Global recession due to pandemic inevitable; but recovery can be fast – The Economic Times
A prediction, which can be made with reasonable accuracy, is that the global economy will slip into recession in 2020. We have never had a
Time to invoke the FRBM escape clause: Rakesh Mohan – The Economic Times
The biggest question before policymakers today is a trade off between health and the economy. Given the ferocity of the pandemic, is it a question
US Economy Coronavirus: US is nowhere close to reopening the economy, experts say – The Economic Times
WASHINGTON — How long can we keep this up? It is still very early in the U.S. effort to snuff a lethal pandemic by shutting
urjit patel: India should keep public finances healthy: Former RBI chief Urjit Patel – The Economic Times
By Anirban Nag India must keep public finances relatively healthy to stave off a possible second wave of risks in the financial sector once the coronavirus crisis
Big carriers: Airlines flew in 3.2 million people to India at the contagion’s peak. Here are the red zones. – ET Prime
More than a fortnight after the coronavirus claimed its initial victim in China, a 61-year-old regular customer at the market in Wuhan — the epicentre
How to restart the economy after the lockdown: Here’s how India can meet perhaps the greatest challenge of our times–Times of India
Economically speaking, India is faced today with perhaps its greatest emergency since Independence. The global financial crisis in 2008-09 was a massive demand shock, but
Hsg socs to compile data on all staffers–Times of India
Exercise will help enrol these people under a central government pension scheme Any effort to come to the rescue of the daily wagers and those who work in
Covid-19 aftermath: A third of orders cancelled, grave crisis grips export hubs – The Financial Express
With vast swathes of key markets — the US and the EU — badly bruised by the Covid-19 outbreak and migrant workers back home following
New headache for banks: Let the lenders decide on loan moratorium – The Financial Express
The better way to address the problem was to have left it to lenders to decide which customers would be eligible for the repayments holiday.
Media Industry | Covid-19 crisis: Media industry urges government to clear advertising dues–Economic Times
Mumbai: Having witnessed a massive drop in ad volumes due to the Covid-19 crisis, there is a growing chorus of media voices demanding immediate clearance of advertising dues by
Insurers keep a social distance from risky Covid covers – The Economic Times
MUMBAI: Just a fraction of Indian insurers permitted to sell Covid-19 cover are marketing the policies as they see it more as a liability than a profit-making business
Rajan urges government to invite experts to deal with economic impact of COVID-19 – The Economic Times
Former RBI governor Raghuram Rajan has suggested to the government to call people with proven expertise and capabilities, including from opposition parties, to deal with
US enters ‘hardest, saddest’ week in coronavirus crisis – The Economic Times
The United States enters one of the most critical weeks so far in the coronavirus crisis with the death toll exploding in New York, Michigan and Louisiana and some
‘Empowered Group’ meeting today to discuss exit strategy post shutdown – The Economic Times
NEW DELHI: The government has convened a meeting of the ‘Empowered Group on Strategic Issues Related to Lockdown‘, to be chaired by the home secretary, on Monday to