New Delhi: Moody’s Investors Service on Thursday changed the outlook for Indian banking system to negative from stable, as it expects deterioration in banks’ asset
Month: April 2020
New Delhi must loosen the purse strings–Deccan Chronicle
State governments are in the forefront of the fight against the Covid-19 pandemic. They are putting in all their resources to implement the national lockdown,
सुस्पष्ट धोरणाचा अभाव –महाराष्ट्र टाइम्स
सुस्पष्ट धोरणाचा अभाव करोना विषाणूचा प्रसार रोखण्यासाठी केंद्र सरकारने २१ दिवसांची टाळेबंदी जाहीर केली, त्याला आठवडा होऊन गेला. टाळेबंदीच्या दुसऱ्या दिवशी केंद्र सरकारने देशभरात करोना
Coronavirus impact on economy: FM Nirmala Sitharaman holds meet to firm up response – The Financial Express
The Centre may also impress upon the RBI to consider extending beyond December 2020 a loan restructuring scheme for MSMEs, if the crisis lingers on
Fed unleashes unprecedented virus support for economy, companies – The Hindu BusinessLine
The US central bank unveils a slew of measures for household, employers The Federal Reserve, racing again to contain mounting economic and financial-market fallout from
Increased default threshold for IBC trigger comes into effect – The Hindu BusinessLine
From 1 lakh, the threshold has been raised to ₹1 crore The Ministry of Corporate Affairs (MCA) has operationalised the Centre’s move to raise the
Covid-19 impact: Will ₹1-lakh threshold for insolvency plea under IBC be reviewed? – The Hindu BusinessLine
If implemented, the move will offer substantial relief to stressed sectors In a bid to avoid frivolous applications under the IBC, one of the amendments
How FPI heavy stocks fell like ninepins over the past month – The Hindu BusinessLine
Indian equities, along with other global markets, went into a tailspin owing to the Covid-19 outbreak over the past month. After investing (net) a little
UPA economy doctors’ prescription to tide over coronavirus crisis | Business Standard News
Economy doctors of the United Progressive Alliance government — C Rangarajan, Montek Singh Ahluwalia, and Pronab Sen — had played a pivotal role in fixing
As Covid-19 grips economy, firms uncertain about impact on bankruptcies | Business Standard News
However, industry experts said many would also try to take advantage of the situation and blame the delay or non-delivery of projects on the Covid-19
Experts peg India’s Covid-19 lockdown cost at $120 bn, call for relief plan | Business Standard News
Pegging the cost of the Covid-19 lockdown at $120 billion (approximately Rs 9 trillion) or 4 per cent of the GDP, analysts on Wednesday sharply
An opportunity in Covid-19 crisis: Revisit all loan repayment contracts | Business Standard News
The prospect of wide-scale defaults in banking-related contractual obligations on account of the pandemic has stirred lenders into action. The Indian Banks’ Association (IBA) plans
Covid-19 impact: Banks want NPA forbearance for next two quarters or more | Business Standard News
An account is classified NPA if the default is beyond 90 days While the government has raised the threshold for invoking insolvency under the IBC
India as a driving force in new trade order – The Hindu BusinessLine
It can be a vanguard among Asian economies, having historically pursued free trade. Present protectionist thinking is unreal In the first part of this article
Coronavirus outbreak: Sebi eases compliance requirements for brokers, mutual funds – The Financial Express
In a bid to reduce compliance burden on market participants, Sebi on Monday provided various relaxations to stock brokers and mutual fund houses, including extension
The tough balancing act – editorials – Hindustan Times
Amid speculation that the national lockdown, which ends on April 14, may get extended, Prime Minister Narendra Modi offered the first hint of the government’s
Women are bearing the brunt of the lockdown – columns – Hindustan Times
Gauri, a lawyer in Mumbai, is grappling with a new problem — how to squeeze 25 hours into a day that already doesn’t have enough
The MSME sector is critical in times of Covid-19 – analysis – Hindustan Times
A large fraction of India’s firms are small, informal and operate in the unorganised sector. Recent annual reports on Micro, Small and Medium Enterprises (MSMEs)
Covid-19 will result in greater income inequality and unemployment, says Kaushik Basu – The Hindu BusinessLine
Sees increasing automation in post-coronavirus world Coronavirus will go, but the kind of world it will leave behind will be a very different one than
MSMEs grapple with stress even as govt grants more time for restructuring | Business Standard News
With Micro, Small and Medium Enterprises (MSMEs) grappling with the problem of delayed payments and slowdown in demand, the sector remains under major stress, even
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