Clipped from: http://www.businessworld.in The government must generate demand by putting money into people’s hands. There is pent-up demand among middle-class professionals. Used car sales, for example,
Day: June 10, 2020
Banks burden MSMEs with ‘avoidable’ paperwork for collateral-free loans
Clipped from: https://www.businesstoday.in Federation of Indian Micro and Small & Medium Enterprises (FISME) and SME Chamber of India have received complaints from its members about some
India stares at 5th recession: How is it different from the past downturns?
Clipped from: https://www.businesstoday.in Since independence, India has witnessed four recessions. As per Reserve Bank of India (RBI), the recessions occurred in 1958, 1966, 1973 and 1980
Allow banks to release sanctioned loans to Amrapali homebuyers: SC to RBI | Business Standard News
Clipped from: https://www.business-standard.com/ A bench headed by Justice Arun Mishra issued the directions after observing that the construction of the housing projects had come to a
Why is India’s tax administration not in sync with MSMEs and exporters? – The Financial Express
Clipped from: https://www.financialexpress.com As a comparison, one should bear in mind that 12 million entities are GST-paying businesses, of which not more than 500,000 are registered
Owning a vehicle to cost less as ‘forced’ covers go – The Economic Times
Clipped from: https://economictimes.indiatimes.com India’s insurance regulator has withdrawn all long-term packaged third-party and own-damage policies that insured cars for three years and two-wheelers for five years,
gst: To cut, or not to cut GST rates, that is the question – The Economic Times
Clipped from: https://economictimes.indiatimes.com On one hand, tax revenues have dwindled to unbelievable levels and on the other hand businesses are bleeding and looking up to the
Rajiv Bajaj has four posers for the government on lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com Bajaj pilloried the Centre for going ahead with what he saw as a Western model of virus containment. India looked into the wrong
A deep divide: Reverse migration may put ailing rural economy on ventilator. Here’s how to save it. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com India does not live in its towns but in its villages — Mahatma Gandhi. Nobody has perhaps emphasised the importance of empowering India’s villages
Some financial offences like bouncing of cheques may be decriminalised – The Economic Times
Clipped from: https://economictimes.indiatimes.com “Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at provisions which are merely
MSME retailers stare at sustained downturn as consumer demand less likely to recover post lockdown – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Retailers have already been reeling under the lockdown impact for over two months with little to no
MSME NPAs to be a double whammy for small business sentiments; these added measures may get mojo back – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: The viability of the accounts should be worked out and their loan commitments should be rescheduled wherever
Covid-19 gloom: Apparel exporters hit as global retail biggies shut shop – The Financial Express
Clipped from: https://www.financialexpress.com JC Penney of the US and Laura Ashley of the UK among those who have filed for bankruptcy Amid massive cancellation of orders
Home prices can’t fall until states drop circle rates – The Financial Express
Clipped from: https://www.financialexpress.com/ For instance, the difference between the market value and the RRR in Lower Parel is just 6%, while in Worli it is 8%.
Modi government has carried out unprecedented reforms to drive prosperity and usher in a New India
Clipped from: https://timesofindia.indiatimes.com Two years ago, Prime Minister Narendra Modi had challenged the bureaucracy to transform the lives of common citizens in the 115 most backward
Lockdown impact: Cotton trade faces major shake-up, says ICAC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Global body hints at shrinking consumption leading to record stock-to-use ratio Cotton trade across the globe is likely to witness a major revamp
Micro, tiny units with no access to bank loans left in lurch – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Small and micro industrial units that have not availed finance support from banks find themselves in a Catch-22 situation. With the government making
Focus on small spends to revive economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Downward trend Latest data shows that the growth rate has decelerated continuously in all the quarters – erenmotion Downward trend Latest data shows
The recent stock price rally is fuelled by liquidity, has no fundamental basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The primary mover of the stock prices at this juncture is demand from foreign portfolio investors. After pulling out close to ₹62,000 crore in
Loan waivers are a double-edged sword – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Loan business The primary function of banks is to put the money of their account-holders to use by lending to others – Getty
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