“In a crisis, be aware of the danger–but recognize the opportunity.” – John F. Kennedy 40 days in to the lockdown and it has become pretty
Day: May 8, 2020
Twin responsibility: Government must enact policies to protect both lives and livelihoods–Times of India
It is the sacred duty of every government to protect lives and help secure livelihoods. Rarely have these twin responsibilities been put to greater test
Stimulus must be in line with tax-GDP ratio, says CEA Krishnamurthy Subramanian – Times of India
NEW DELHI: Chief economic adviser (CEA) Krishnamurthy Subramanian is optimistic that the Indian economy will stage a better recovery once the Covid-19 outbreak subsides and it will be a
MSMEs in essential operations are locked out; implementation paralysis hurting small businesses – The Financial Express
Ease of Doing Business for MSMEs: Even though clear guidelines have been issued permitting interstate trucking operations, significant concerns are being faced by stakeholders while
New MSME tag to rely on both investment and turnover, Bill being reworked – The Financial Express
According to the current definition, a micro unit is one where the investment does not exceed Rs 25 lakh, while a small enterprise is one
Economic Relief Package 2.0 soon, possible to raise $60 billion by listing govt bonds overseas: CEA KV Subramanian – The Financial Express
In an interview to India Today channel, the CEA said: “About $4 trillion of money tracks these (global) bond indices. India is expected to get
Government should heed India Inc–Economic Times
The captains of industry who spoke to ET all agree that the government should stop waiting for the right time and unlock the economy, adapting
unemployment: 33 million have sought US unemployment aid since virus hit – The Economic Times
The Labor Department’s report Thursday suggests that layoffs, while still breathtakingly high, are steadily declining after sharp spikes in late March and early April. Initial
Nitin gadkari: MSME sector on verge of collapse: Gadkari – The Economic Times
The minister said the position of MSMEs was “worst” as they were now engaged in a “battle for their survival”. Gadkari said the “rolling fund
SEZ units want customs duty waiver for domestic sale as exports plummet – The Economic Times
At present, SEZs are also not able to sell their products in the domestic market, as payment of customs duty as per Section 30 of
MSME: View: A data-driven rescue mission for the economy – The Economic Times
The picture for non-listed firms isn’t so good, with leverage rising to 43% from 37% in 2008. The last thing one wants is to make
Road contractors may get more time for project execution: Ministry – The Economic Times
The highway ministry is examining the issue faced by the contractors and could unveil steps for their resolution soon, two senior officials told ET. Toll
Coronavirus impact: Bank of England holds off on fresh stimulus, sees worst slump in 300 years – The Economic Times
LONDON: The Bank of England held off further stimulus measures but said it was ready to take fresh action to counter the coronavirus hammering which could cause the country’s biggest economic slump in
China News: India looks to lure more than 1,000 American companies out of China – The Economic Times
Trump’s move to blame China for the Covid-19 outbreak is expected to worsen global trade ties. India is seeking to lure U.S. businesses, including medical devices
Zoom emerges as a formidable rival to WhatsApp, Skype, Microsoft Teams. Can it stay on top? – ET Prime
It has zoomed to the top of the popularity charts in India, and in many corners of the globe. Zoom Video Communications is the new
Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 crore revenue loss: Crisil – The Economic Times
Crisil estimates indicate that the Indian aviation industry will “crash-land this fiscal”, witnessing a revenue losses worth Rs 24,000-25,000 crore. Mumbai: The domestic aviation industry, which
Bad Bank— Banking/Finance – Industry – The Economic Times
Mumbai: State Bank of India, ICICI Bank and some other large lenders came together on Wednesday to resurrect the idea of a ‘bad bank’ as
NCLT cancels summer vacation this year, to hear cases – The Economic Times
Several judicial bodies and quasi-judicial bodies have also cancelled their summer vacations as they were closed during the lockdown and are disposing only urgent matters
Government fast-tracks new definition of MSMEs – The Economic Times
Unlike the current definition, which is linked to investment in plant and machinery, the government has been pushing for turnover-based classification. Getty Images The Narendra
Micro enterprises best placed to help economy come out of COVID-19 crisis: Report – The Economic Times
The economy has been severely impacted due to the COVID-19 pandemic but the government and policymakers are looking for segments that are in the best
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