The US itself is groaning under the weight of its own oil. Shale producers, who have, for the past five years run rings around traditional
Month: April 2020
Small biz, big trouble: Covid-19 disruption might prove fatal for many of India’s MSME units – The Economic Times
The meeting, organised by the Mumbai-based IMC Chamber of Commerce and Industry, had businessmen seeing May-end as a plausible date for reopening. But there was
Features – Startups – Small Biz – The Economic Times
How some startups are being inventive in the face of coronavirus pandemic Suddenly, startups that were looking for growth avenues were scrambling for ways to
Franklin Templeton Mutual Fund: Franklin TempleRun: Panic spreads to AMCs, corp bonds – The Economic Times
Investors are said to be pulling money out of other credit-risk schemes. The rush to hold cash amid growing risk aversion resulted in yields rising
OYO: Pay cuts, layoffs: Startup morale under lockdown – The Economic Times
Over the past 4 weeks, at least two dozen top companies have fired employees and contract staff. A common thread at all firms is a
India needs a new covenant for growth in a post-Covid world: Raghuram Rajan – The Economic Times
The former RBI governor said that India cannot remain under a lockdown forever. On lifting the lockdown, Rajan said that India needs a staggered exit
Loan moratorium: Lenders struggling to trace low-ticket retail borrowers – The Economic Times
Summary Unless banks can get hold of them, repayments stand automatically deferred under the new rules. Credit card outstanding balances have tripled since the global financial
Star fund manager let down by his own creation – The Economic Times
The spotlight has fallen inescapably on Santosh Kamath, the high-flying CIO at Franklin Templeton. As investor ire rains down on Franklin Templeton over its decision
coronavirus news: View: A new economic order is afoot – The Economic Times
We will come out of this catastrophe with not only positive changes, but negative practices as well. The Covid-19 pandemic affects every aspect of human life from
Farm workers broke, uncertain as rural lockdown eased – The Economic Times
April is a month of strong demand for farmhands. But the lockdown has brought India to a complete standstill. April is normally a month of
Economists propose ending lockdowns by releasing the young first – The Economic Times
While lockdowns from Mumbai to Chicago are credited with saving lives, the downsides are too evident now. How to balance lives and livelihoods is drawing
Post lockdown: Big units get ready, MSMEs see roadblocks to restart – The Hindu BusinessLine
Even as Tamil Nadu government contemplates partial lifting of lockdown, big industrial units are ready with a new set of operating procedures but MSMEs see
COVID-19: Finance Commission’s advisory panel suggests support to small biz, NBFCs – The Financial Express
Lockdown impact: The council felt that the COVID-19 pandemic and the national lockdown would slow down domestic activity and impact cash flows of financial institutions
Covid-19 pandemic: 800 million households dependent on remittances to be hit – The Financial Express
Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support. The
States should avail 0.5% fiscal deficit deviation through FRBM Act: Finance Commission chairman NK Singh – The Financial Express
In view of the massive disruption to economic activity due to Covid-19 impact and likely huge shortfall in revenues, the council felt that fiscal response
Fixed-term employment: House panel for defining job tenures, adding safeguards – The Financial Express
FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE
Don’t force industry to pay wages during COVID-19 lockdown – The Financial Express
Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival Indeed, for many, the wage bill, at a
Banks avoid NBFC lending, take 50% of RBI’s refinance – The Economic Times
Summary Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending
MSME: Hit by Covid-19 lockdown, Noida MSMEs seek Centre’s help – The Economic Times
The Noida Entrepreneurs’ Association (NEA) which has approximately 3,000 MSMEs as its members in western Uttar Pradesh’s Gautam Buddh Nagar, have sought government help so
A guide to opening your business after Covid-19 lockdown – The Economic Times
Once the lockdown ends we will need to take a series of steps to ensure that the workers are safe, and active to restart the