Clipped from: https://www.thehindubusinessline.com Businesses, including micro, small and medium enterprises (MSMEs), with an annual turnover of ₹100 crore, are likely to get emergency credit at 175 basis
Day: May 27, 2020
Power of Attorney given to stock brokers: What’s changing from June 1, 2020? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com File photo – REUTERS File photo – REUTERS× In the aftermath of the Karvy Stock Broking scandal which revealed misuse of Power of
Supply chain blocks, lack of labour push MSMEs in Chennai to the brink | Business Standard News
Clipped from: https://www.financialexpress.com Data available with insolvency regulator IBBI show, proceedings in 2,170 cases were going on as of March 2020. Typically most of the insolvent firms are
Government proposal: MSMEs may seek own insolvency – The Financial Express
Clipped from: https://www.financialexpress.com Data available with insolvency regulator IBBI show, proceedings in 2,170 cases were going on as of March 2020. Typically most of the insolvent firms are
RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens – The Financial Express
Clipped from: https://www.financialexpress.com/ The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies. RBI’s decision to extend
Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage
Clipped from: https://timesofindia.indiatimes.com Finance minister Nirmala Sitharaman has taken most observers by surprise by including wide ranging reforms in her stimulus package. Alongside, some states have
Delink worker security from jobs–Economic Times
Clipped from: https://economictimes.indiatimes.com The corona pandemic underscores the need for the government to recast social security and health insurance benefits for workers and delink them from
FM Nirmala Sitharaman’s MSME loans not disbursed–Economic Times
Clipped from: https://economictimes.indiatimes.com Finance Minister Nirmala Sitharaman presented a cleverly devised fiscal stimulus cum liquidity package of Rs 20 lakhs crore (10% of GDP) whose direct
Non-MSMEs to get cheap, govt-guaranteed loans too – The Economic Times
Clipped from: https://economictimes.indiatimes.com While the scheme has been broadly referred to as the MSME guarantee scheme, the terms of coverage are quite broad and will include
RBI’s moves may not really help revive credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com However, it is good to see the central bank taking a realistic view of the economy In yet another monetary policy offensive that
‘Material disclosure’ is imperative at this time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Investors need to be frequently updated on Covid-19’s impact on companies Even as most sections of the economy shut down operations in April
A case for an urban MGNREGA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-case-for-an-urban-mgnrega/article31680518.ece The urban poor have been hit harder than their rural counterparts by Covid, but policy attention is missing The case for an urban
An economic mess is staring in the face – The Financial Express
Clipped from: https://www.financialexpress.com Deeper contraction in output and sustained inflationary pressures could be policymakers’ nightmare It is now apparent that India’s economic fate is synchronised with
Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com “State governments, their ministries and public sector undertakings, Government of India, its ministries and undertakings, and major industries combined owe an estimated Rs
Banks may need capital for provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Bankers say that the RBI may have to tweak rules that demand provisioning if the existing promoters are retained after a loan restructuring.
No case to stop voluntary insolvency–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/no-case-to-stop-voluntary-insolvency/ The move to hold the Insolvency and Bankruptcy Code (IBC) in abeyance for one year on account of Covid-19 has an unintended consequence.
Stimulus calls for a bond–market–Economic Times
Clipped from: https://economictimes.indiatimes.com The Centre needs to provide focused policy attention for an active and vibrant corporate bond market, so as to raise long-term funds for
US heading for 2nd largest bankruptcies: Edward Altman – The Economic Times
Clipped from: https://economictimes.indiatimes.com ‘Certain industries will never recover everything’ There is no question that the global economy is now in a financial crisis, perhaps unprecedented in its type and
RBI extends EMI moratorium for another three months on term loans. Here’s what it means for borrowers – The Economic Times
Clipped from: https://economictimes.indiatimes.com The earlier deadline of three-month EMI moratorium was ending at May 31, 2020. The Reserve Bank of India (RBI) announced an extension of the moratorium
20 million back in the job in May as lockdown eases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to CMIE, increasing labour participation rate (LPR) week after week in May, touching 38.8% for the week ended May 17, shows that
