By Dinesh Narayanan COVID-19 CASES WorldIndia The sudden displacement of migrant labour would have far-reaching impact on the Indian economy and states should be prepared
Month: April 2020
labourers: Supreme Court issues notice on unorganised labour payments – The Economic Times
By Samanwaya Rautray New Delhi:The Supreme Court on Friday overruled the Centre’s objections to taking up a public interest litigation on the plight of unorganised
Covid-19, FII sell-off hit liquid funds hard; RBI’s LTRO may calm investors | Business Standard News
Assets under management (AUM) of the Rs 27-trillion mutual fund industry took a huge knock in March, largely because of withdrawals from the debt and
New CBIC circular: Import, export of goods without furnishing bonds to Customs authorities allowed – The Financial Express
The CBIC said it has approved relaxation of the requirement to submit bonds. CBIC Circular: The Central Board of Indirect Taxes and Customs (CBIC) on
FPI limit hike paves way for foreign fund flows into Indian shares, after MSCI defers raising India weight – The Financial Express
The Ministry of Finance in October 2019 has published a circular raising the statutory FPI limit of Indian firms to the sectoral foreign investment limit.
Dire irresponsibility of responsible ones–Economic Times
Friday morning’s video message by the prime minister is a reminder that each one of us, individually and collectively, has the responsibility to act in
INR1.7 lakh crore may be small change. India needs a big-bang stimulus to skirt recession. – ET Prime
The world is confronted with a crisis similar to the ‘Great Depression’ in 1929. It calls for a tilt towards expansionary fiscal and monetary policies.
Measures that can boost MSMEs during Covid-19 lockdown – The Economic Times
By Sampad Swain Businesses have been taking a hit due to Covid-19 lockdown. The supply chain has been disrupted, imports are down, and markets are
Welcome Reduction in Administered Rates–Economic Times
It is welcome that the Centre has reduced interest rates on small savings quite sharply, between 0.7% and 1.4%, for various instruments. It would lead
Power companies’ troubles may mount in coming months; demand from commercial, industries collapses – The Financial Express
The current situation indicates the near-term outlook of the power sector is grim as half of the country’s electricity demand is from the commercial and
Covid-19 impact: Air India suspends contract of around 200 employees | Business Standard News
Air India on Thursday temporarily suspended the contracts of around 200 employees including pilots, who were re-employed after retirement, as all domestic and international commercial
Centre may go for staggered exit from lockdown – The Hindu BusinessLine
Modi seeks formulation of common exit strategy in meeting with Chief Ministers Prime Minister Narendra Modi, in a meeting held with Chief Ministers via video-conferencing
Covid-19 impact: Global economy could shrink by almost 1 per cent in 2020, say UN – The Hindu BusinessLine
With nearly 100 countries closing national borders during the past month, tourism flows have come to a screeching halt The global economy could shrink by
An unkind cut for India’s savers – The Hindu BusinessLine
It’s inexplicable why the Centre withheld small savings rate cuts for long, only to slash them now After making barely any changes to its interest
Covid-19: Insurers offer relief to travel insurance policyholders – The Hindu BusinessLine
Travel policies issued by insurers such as Bajaj Allianz General and ICICI Lombard can be extended up to 180 days by paying an additional premium
Banks may ask RBI for breather on lump sum repayment of deferred interest – The Hindu BusinessLine
Banks may move the Reserve Bank of India (RBI) to allow businesses and individuals availing working capital facilities more time to repay the interest in
We will only be as healthy as our supply chains–Time of India
Perhaps this is most urgently being felt by those at the frontline of the war against Covid-19, where disruptions in the global and domestic supply
Uncritical endorsement: The Hindu Editorial on exodus of migrant workers and the Supreme Court – The Hindu
Supreme Court must ask more probing questions on the way the government is handling the pandemic. There are two aspects to the Supreme Court’s limited
Facts fight fear | The Indian Express
The only official communications that the migrants received were delivered by the policeman’s heavyhandedness, and his lathi. In times of crisis, especially a health crisis
The pandemic in the US – editorials – Hindustan Times
A month ago, media platforms broadly aligned with United States (US) President Donald Trump termed the coronavirus a “hoax”. Just a week ago, Mr Trump
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