The supply chain sector needs cash flow. As such, banks have to provide funding through ways and means advances, which means that it is not
Month: May 2020
27 of top 100 companies can’t sustain current wage bill: Deloitte study – The Hindu
As per the study, these companies will either have to dip into its cash balance or borrow in short-term. As many as 27 out of
Covid crisis: India at the cliff edge of a rating downgrade – The Financial Express
India’s Achilles heel on ratings is its parlous state of fiscal affairs and the risk of a sharp deterioration of government debt to potentially ~75-80%
11 crore jobs, 30% of GDP: Small enterprises pushed to brink amid looming distress, despair | Business News,The Indian Express
At stake are not only these jobs but the future of what makes up 45 per cent of the country’s total manufacturing output, 40 per
Meghnad Desai writes, ‘Disruption of global supply chains during pandemic creates tremendous opportunities to reindustrialise India’
Over the last 70-plus years, India has frittered chances to become a centre of manufacturing on the scale of other Asian countries. Restoration will be
FPIs in selloff mode, pull out Rs 15403 cr in April amid coronavirus crisis–Deccan Chronicle
New Delhi: Continuing their selling spree for the second straight month, foreign portfolio investors (FPIs) withdrew a net Rs 15,403 crore from the Indian capital
Over 150,000 Indians in UAE register to return home – world news – Hindustan Times
The Indian missions in the country last week opened online registration for the expatriates who wish to fly back home after getting stuck in the
GST collections may show negative growth into September, says GIFT study – The Hindu BusinessLine
Goods and Services Tax (GST) collections may likely witness a slow or even negative growth rate for at least six months from March due to
It’s unfair to expect private businesses to foot the social security bill for lockdown – The Hindu BusinessLine
It is high time the Central and State governments stopped passing the buck and announced a concrete package for workers and businesses debilitated by the
Need to speed up work on infra to make up for time lost on Covid-19: PM Modi – The Hindu BusinessLine
Modi holds meet to strengthen MSME sector; discusses financial sector, structural and welfare measures to spur growth Prime Minister Narendra Modi has stressed the need
NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data – The Economic Times
Summary The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI
If trials are successful, Serum Institute to sell coronavirus vaccines for Rs 1,000, says CEO Adar Poonawalla
Adar Poonawala, CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical
लघु उद्योजकांनी आता काय करणे अपेक्षित आहे ? — भाग दोन –अनिल तिकोटेकर-
सर्वच विभागातून सूर असा निघतोय की लघु उद्योजकांना ज्यादा कर्ज पुरवठा केला किंवा हफ्ते बंदी –३ महिन्यासाठी केली किंवा व्याज दर कमी केला म्हणजे बराचसा
India’s lockdown is running up an unsustainable economic cost – The Hindu BusinessLine
A strategy that focusses on intensifying testing and possibly curbs on the vulnerable population, while allowing the rest to resume economic activity with the necessary
Work relaxation amid lockdown fails to convince migrants to stay put | Business Standard News
Most labourers are more concerned about getting on trains and buses to get back home, rather than returning to work Migrant workers wait to board
Why rural resurgence matters | Business Standard Column
With rural demand driving growth in many Indian industries, interventions aimed at jump-starting agrarian activities will play a key role in the country’s economic revival
How to reduce India’s infrastructure deficit | Business Standard Column
India aims to spend huge amounts on infrastructure in the coming years. It will be equally important to promote the efficiency of these investments through
RBI guv Das chastises banks not doing enough on lending, NBFC liquidity | Business Standard News
Relaxation likely on branch audit as Guv meets bankers Shaktikanta Das was also upset about the failure of the Targeted Long Term Repo Operations 2.0
Shutdowns kill people and biz, ease them fast–Times of India
The most startling lesson from global experience is that shutdowns may be killing almost as many people as the Covid virus. The supposed cure is
travel insurance: Will you have to pay extra premium to extend foreign travel insurance due to Covid lockdown? – The Economic Times
To extend your foreign travel insurance while you are abroad, you need to have a valid travel insurance policy, that is, the policy should have