Clipped from: https://indianexpress.com A blanket suspension of labour laws, as has been in the case of UP, however, may not find favour, with the Centre leaning
Month: May 2020
Modi refuses to follow path adopted by most countries to counter economic consequences of Covid-19 | The Indian Express
Clipped from: https://indianexpress.com/ The model advocated by almost all economists is fiscal stimulus. That means only one thing: spend more. India has not suffered negative GDP
How Atmanirbhar Bharat impacts sectors, stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com We evaluate the impact of key proposals and reforms on various sectors Banking: An added burden for banks The stimulus package, which was
Atmanirbhar Presentation Part-1 Business including MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore of collateral-free loans for small businesses, cut the tax rate for non-salary
Future actions to stimulate economy will depend on how coronavirus crisis pans out: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A day after the RBI projected economic contraction in 2020-21, Finance Minister Nirmala Sitharaman on Saturday said that future fiscal policy actions to
Will economic reforms continue after the crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com It was Thomas Jefferson who stated that ‘I predict future happiness for Americans if they can prevent the government from wasting the labours
Reliance Industries rights issue: 8 reasons why you should subscribe to it – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Among them is the fact that RIL has financial muscle to weather the Covid-19 storm The ₹53,124-crore rights issue of Reliance Industries (RIL) —
As mobile transactions rise, hackers see mobile phones as a lucrative target – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Number of malicious mobile trojan files reaches shoots up in Q1 As more and more people go for digital transactions on their mobile
Last rate cut for now but there’re more bullets in RBI’s chamber | Business Standard Column
Clipped from: https://www.business-standard.com/ Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35
RBI rate cuts won’t help, get banks to lend – The Financial Express
Clipped from: https://www.financialexpress.com/ If the financial system isn’t fixed, it can’t support business, and there will be no growth. Repo rate cuts have outlived their utility.
Deposits rise over Rs 2.8 lakh crore in six weeks of lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com Bank deposits have risen by over Rs 2.8 lakh crore in three fortnights of the lockdown till May 8, while bank credit during
About 20% SBI borrowers opt for loan repayment moratorium: Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com SBI Chairman Rajnish Kumar on Friday said close to 20% of the bank’s borrowers have opted for moratorium on repayment of term loans
Govt looks at dedicated NCLT benches for insolvency, Companies Act-related matters – The Economic Times
Clipped from: https://economictimes.indiatimes.com Recently, the government had legislated changes to the insolvency code to fast-track processing of cases where a restructuring plan has been agreed in
Hertz files for bankruptcy after rental-car demand vanishes | Business News,The Indian Express
Clipped from: https://indianexpress.com/ After the coronavirus pandemic decimated revenue, the car renter sought relief from lenders and a bailout from the U.S. Treasury Department. Signage is
Easy going | The Indian Express
Clipped from: https://indianexpress.com Monetary policy may have greater space to operate. But there are limits to what it can achieve. The dovish tone of the policy
RBI warns of encircling gloom, the challenge of dissipating it remains unmet–Times of India
Clipped from: https://timesofindia.indiatimes.com Delivering a dire prognosis to the country, RBI governor Shaktikanta Das has indicated that GDP growth could be in the negative territory in
The economic package: Few takeaways–Times of India
Clipped from: https://timesofindia.indiatimes.com Difference is of ten times – the government announced economic package is around 21 Crores, more than 10% of GDP, while many observers
Another push: But RBI’s arrows are having diminishing impact–Times of India
Clipped from: https://timesofindia.indiatimes.com Reserve Bank of India governor Shaktikanta Das yesterday indicated that national output may shrink this financial year, which would make it the first
A package without content: Government’s package doesn’t deliver on fiscal relief, job and wage protection–Times of India
Clipped from: https://timesofindia.indiatimes.com/ By Abhishek Singhvi and Jaiveer Shergill The Indian government, in an attempt to paint a rosy picture on a cactus canvas, has lauded
Tell govt to take fiscal measures: Chidambaram to RBI governor after fresh cut in repo rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com “Governor Shaktikanta Das says demand has collapsed, growth in 2020-21 headed toward negative territory. Why is he then infusing more liquidity? He should