Clipped from: https://www.thehindubusinessline.com/ The government has ruled out any Goods & Services (GST) hike for non-essential goods. It has also said ‘no’ to monetisation of deficit,
Month: May 2020
We need to plan for the next round of NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are
How will consumption shape up post Covid? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com With consumers confined indoors and worried about the future, health and ‘homebody’ products may be chosen over indulgences Now that there’s a fair
A silent Surat: No orders, dormant looms and no diamond polishing | Business Standard News
Clipped from: https://www.business-standard.com The final part of the series looks at how industries are waiting for demand to bounce back A lone worker engaged in daily
New comprehensive I-T form to come in handy for taxman – The Financial Express
Clipped from: https://www.financialexpress.com/ Tax authorities will now have information regarding taxpayers’ transactions in stocks and property, along with other financial transactions, in any given year after
Niti Aayog suggests slew of steps to make India’s exports competitive – The Financial Express
Clipped from: https://www.financialexpress.com/ The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient. The
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans – The Financial Express
Clipped from: https://www.financialexpress.com RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route. Sanctioned loans account for well over a half
Auto sector outlook: Auto sector will feel the maximum pain this year: Prashant Jain – The Economic Times
Clipped from: https://economictimes.indiatimes.com ‘The impact on wages is significant and auto is a discretionary product’ Expect income to be disrupted in the most vulnerable sections of
Mohandas Pai to chair IBBI advisory committee on service providers – The Economic Times
Clipped from: https://economictimes.indiatimes.com Bharti Infratel Chairman Akhil Gupta, Raksha Shakti University Director General Bimal N Patel, CSB Bank MD and CEO Chinna Veerappan Rajendran, former Sebi
Business leaders optimistic of economic revival in 6-9 months – The Economic Times
Clipped from: https://economictimes.indiatimes.com The positives and silver lining in the current COVID-19 and economic slowdown were identified and elucidated at a webinar on ‘New Normal: Impact
Even before Covid, economy was slumping – The Economic Times
Clipped from: https://economictimes.indiatimes.com The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed
Fiscal deficit widens to 4.6% of GDP in 2019-20 – The Economic Times
Clipped from: https://economictimes.indiatimes.com As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%. NEW
Should we fear post-pandemic inflation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Inflation could well go through a yo-yo effect, as is already happening with other economic indicators. It’s not just the usual inflation alarmists. Many people
Pinch of cost: Pandemic may claim half of standalone restaurants. Why franchises can dodge it. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com The worst phase of the longest lockdown may be behind us, but it has a loud message for the food and restaurant industry
Why India needs to put cash in the hands of the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com GoI has sedulously avoided direct disbursements to wage labourers who have no jobs and no recourse. In his 1776 magnum opus, An Inquiry
Over 7 lakh small stores may have shut shop due to lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Over 6 lakh kirana stores and 1.5 lakh smartphone outlets may have closed down, as per industry estimates. KOLKATA/MUMBAI: Leading consumer goods companies said over
Can Resolution Professional’s appointment be stalled on the ground of alleged bias ? NCLAT ruling creates new uncertainty- Will the Supreme Court intervene ? View Anil Tikotekar
Under the Insolvency and Bankruptcy Code 2016, there is a procedure which enables any financial creditor to initiate action against any corporate debtor who defaults
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default–Business Today
Clipped from: https://www.businesstoday.in/ On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But
Krishnamurthy Subramanian: ‘Significant uncertainty about growth … after Spanish flu, recovery was V-shaped’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/ Chief Economic Adviser Krishnamurthy Subramanian said it is difficult to make a reliable estimate on growth given the kind of uncertainty resulting from
A letter to justices of Supreme Court, from senior members of the Bar on the migrant crisis | The Indian Express
Clipped from: https://indianexpress.com The government’s statement has been clearly shown to be contrary to the facts. Several reports suggest that more than 90 per cent of
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