Fiscally empower state governments The Tamil Nadu government has sought a special grant of at least Rs 1 lakh crore for all state governments combined,
Month: April 2020
India GDP: India’s fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch Solutions – The Economic Times
NEW DELHI: India’s fiscal deficit in 2020-21 may shoot up to 6.2 per cent of the GDP from 3.5 per cent government estimate as a
Faith, hope or charity?–Economic Times
By Ateesh Tankha The Covid-19 pandemic is like nothing India has seen before. Not because of its unexpected arrival or its immediate impact. But because
Ashok Leyland March auto sales down 90% at 2,179 units – The Economic Times
Hinduja group flagship firm Ashok LeylandNSE -4.88 % on Wednesday reported 90 per cent decline in total vehicles sales at 2,179 units in March. The
Moratorium plan: Borrowers unlikely to get significant gains; banks to charge interest later – The Economic Times
NEW DELHI: The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium
Lockdown impact: Lockdown keeps outbreak manageable, but there will be hardship ahead–Economic Times
By Arvind Panagariya On March 24 last week, Prime Minister Narendra Modi ordered a complete lockdown of the nation. He did not have a choice.
FPI on Dalal Street: Fearful FPIs march out of Indian markets, pull out a record $15.9 billion – The Economic Times
Mumbai: With global trading desks in a ‘sell-everything’ mood, foreign portfolio investors (FPIs) pulled a record $15.9 billion (Rs 1.2 lakh crore) out of the
india lockdown: India’s budget under strain on day one of new fiscal year – The Economic Times
By Vrishti Beniwal India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the
Inside Altico’s resolution plan: a top-deck rejig, competing suitors, and a thwarted proposal – ET Prime
Beleaguered realty lender Altico Capital, which is in the process of finalising a viable resolution plan after it defaulted on interest payments in September 2019,
Crude oil prices are raining gold. Can India put out the bucket? Three factors hold the key. – ET Prime
Pump jacks draw crude oil from the Long Beach Oil Field under Discovery Well Park in Signal Hill, California, on March 9, 2020. Global stocks
Lockdown: MSMEs seek relief from electricity supply company – The Hindu BusinessLine
The Mangaluru council of the Confederation of Indian Industry (CII) has sought relief for micro, small and medium enterprises (MSMEs) from the Mangalore Electricity Supply
Now what? | Business Standard Column
Given the total shutdown across the world, with most major economies imposing some form of lockdown, the obvious question on the minds of investors is,
Universalise benefits | Business Standard Editorials
Everyone must have access to basic facilities Last Updated at March 30, 2020 23:13 IST The sight of a large number of people, many of
Unemployment rate during lockdown: Just like measuring water in ocean | Business Standard Column
Measuring the unemployment rate during a countrywide lockdown is like measuring water in the ocean. Water, water every where/nor any drop to drink. That was
Coronavirus lockdown: How cloud based accounting solution can fight coronavirus lockdown – The Economic Times
By Kapil Rana The global economy is reeling under the stress of Coronavirus, the pandemic that has reached 193 countries, impacting the livelihood of people
Covid-19 pandemic: Labour-driven export sectors run for cover – The Economic Times
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the
Stop Worrying, Start Stimulating–Economic Times
Our columnist Swaminathan S Anklesaria Aiyar has called for an Indian stimulus three or four times as large as the Rs 1,70,000 crore relief package
View: Putting finance on ice will only store up trouble for Covid-hit India – The Economic Times
By Andy Mukherjee Stop all the clocks. That’s what the Indian central bank is permitting lenders to do for three months after Prime Minister Narendra
Coronavirus lockdown: View: Scorching summer for banks ahead amid lockdown due to Covid-19 outbreak – The Economic Times
By Hari Hara Mishra For bankers, the approaching summer will not only bring a steady rise in temperature, but also branches and offices of the
China’s manufacturing rebounds as virus controls ease – The Economic Times
China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed Tuesday, but an industry group warned
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