Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric New findings make it clear that
Month: April 2020
This many MSME loans are at higher risk of becoming NPAs in next 12 months: CIBIL – The Financial Express
Credit and Finance for MSMEs: The NPA rate for MSMEs has increased continuously over the past few years. It stood at 12.6 per cent as
Need for all-round package to put life back into MSMEs, suggests FICCI; lists measures for govt, RBI – The Financial Express
Credit and Finance for MSMEs: FICCI suggested the government to extend the direct cash benefit to MSMEs without complicated paperwork. Finance Minister Nirmala Sitharaman had
MSMEs in logistics hit hardest by lockdown; here’s what govt can do to revive ailing small businesses – The Financial Express
Logistics for MSMEs: According to the All India Motor Transport Congress, the daily movement of trucks has decreased to less than 10 per cent of
Whopping 74% small businesses, startups may shutdown, scale down in next few months – The Financial Express
Credit and Finance for MSMEs: The government had recently said that it is looking at increasing the credit guarantee to MSMEs to Rs 5 lakh
Delayed MSME payments: Rate of disposed cases remains low; govt portal helps settle this much amount – The Financial Express
Credit and Finance for MSMEs: MSME Samadhaan, launched in October 2017 by then MoS MSME Giriraj Singh, has facilitated the disposal of 3,145 cases filed
M&M has opened 40% tractor dealerships, says Executive Director Rajesh Jejurikar – The Financial Express
Auto dealers are also ready and waiting for the announcement of dates to resume operations. Mahindra and Mahindra (M&M) has opened 40% of its tractor dealerships
Supreme Court refuses to stay MHA order on full salaries to workers during lockdown – The Financial Express
It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by
Reopening blues: More relaxations, guiding people towards a “new normal” should take precedence now–Times of India
A necessary step in the phased restart of businesses has been taken with the go-ahead for opening of neighbourhood shops, though not without its share
Timely backstop: RBI’s backstop measures for mutual funds should quell redemption pressure on them–Times of India
Contagion may be a buzzword to those following the course of the coronavirus, but the term has long been familiar to those who follow financial
Shift gears: Revenue shortfalls cripple the ability of states to fight both contagion and economic downturn–Times of India
Prime Minister Narendra Modi’s video conference with chief ministers saw the emphasis shift towards restarting economic activity even as many CMs betrayed nervousness over the
Face your problems–Economic Times
By Swami Chinmayananda Who doesn’t have problems? Everyone has them. A crowd of problems marching towards us, with plans to overwhelm us, is life to
There is no return to past normal–Economic Times
The upshot of the federal conclave that took place yet again on Monday, with the prime minister conferring with state chief ministers over video, is
Not quite a silver bullet for MFs–Economic Times
The fiasco that followed asset manager Franklin Templeton’s decision to abruptly shut down six debt schemes is a reminder of the gaps in the bond
6-month GST payment freeze for worst-hit sectors, a lower rate for realty among Covid options mulled – The Economic Times
Other proposals include switch to a cash-based tax system from current invoice-based one. India is considering a goods and services tax (GST) relief package to
FMCG companies launch special insurance schemes for ‘frontline’ workers – The Economic Times
The companies have tailored special schemes in collaboration with many insurance firms to keep people involved in its supply chain motivated so as to ensure
Virus takes a toll on blue collar staff; no pay for 12 crore – The Economic Times
Jobs are also expected to nosedive in the remaining quarters of the year unless demand picks up by the festive season later this year, experts
Subsume multiple levies into GST to cut tax burden on mining sector: Ficci – The Economic Times
Underlining multiple challenges coupled with disruptions due to coronavirus lockdown, Ficci has also sought deferment of royalty and contributions to DMF and the National Mineral
Ten steps while restarting the economic engine – The Economic Times
Refuelling the economy needs a comprehensive approach across different sectors to boost growth in each of them. Right from providing liquidity support to small enterprises
RBI: View: RBI’s action may not be a panacea, but a painkiller at best – The Economic Times
RBI’s loan appears to be based on asset size of the credit funds which is at Rs. 55,000 crore. Investors are elated that the Reserve
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