Clipped from: https://timesofindia.indiatimes.com This week, international ratings agency Moody’s downgraded India’s sovereign debt ratings and made the outlook negative. The same agency had upgraded India’s ratings
Day: June 6, 2020
DLF ‘battle ready’ for the future: KP Singh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Company well-positioned to to take advantage of post-Covid opportunities DLF is positioned to play a major role in the India growth story in
Corporate insolvency suspension ordinance promulgated – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com No insolvency initiation for debt defaults arising on or after March 25 The much-awaited ordinance suspending initiation of Corporate Insolvency Resolution Process (CIRP)
Just announcing a MSME stimulus package isn’t enough – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Proper implementation of the stimulus measures for the sector, minus the red tape, is crucial The Atmanirbhar stimulus package is a welcome mix
India must move away from prescriptive macro-policy making – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Fixing targets for macro-economic variables under FRBM is detrimental to the efficiency and equilibrium-seeking ways of free markets The Indian economy seems caught
President approves ordinance to suspend IBC, offer 6-month relief to firms | Business Standard News
Clipped from: https://www.business-standard.com/ Reprieve can be extended up to a year via govt notification; default committed before March 25 not to enjoy benefit The ordinance said
CEA Krishnamurthy Subramanian sees FY21 fiscal deficit at over 5% | Business Standard News
Clipped from: https://www.business-standard.com No doubt that economy will contract in Q1, Krishnamurthy Subramanian says The centre has decided to borrow Rs 4.2 trillion more than budgeted
Haryana follows in PM Modi’s footsteps; comes up with its own MSME grievance portal – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The new portal called Haryana Udhyam Sahyog by the state government will allow MSMEs to resolve their credit-related
PSBs luring MSMEs with pre-approved loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com A top government official told ET that public sector banks are trying to reach out to MSMEs, which are their existing customers, for
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