The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
Author: Anil R Tikotekar
MSME: Retailers seek MSME tag to get some Govt support – The Economic Times
MSME borrowers with up to Rs 25 crore outstanding and Rs 100 crore turnovers will be eligible for the emergency credit line to their businesses
Govt thinks it knows better than any economist in the world: P Chidambaram – The Economic Times
I have not come across one economist who says liquidity acts on the demand side.’ Lower middle class families have started to borrow. Now families
RBI moratorium extension news: RBI should allow one-time loan restructuring instead of moratorium extension: Amitabh Chaudhry – The Economic Times
‘The survival and recovery phase will definitely take a lot time’ No one wants to not lend. Ultimately we are in the business of collecting
GST officials seek directors’remuneration information – The Economic Times
This comes as only a few companies have started operations following the staggered opening up of the nationwide lockdown to counter the Covid-19 outbreak. The
India’s ‘mammoth’ COVID-19 package much smaller than it seems, says Fitch Solutions – The Economic Times
The rating agency said a seeming reluctance for fiscal expansion by the central government amid the COVID-19 crisis in India also poses a significant downside
Nine NBFCs surrender certificate of registration – The Economic Times
The certificate of registration is granted by the RBI. With surrendering the certificates, the companies cannot transact the business of a non-banking financial institution. In
Barclays pegs $20 billion current account surplus in FY21 – The Economic Times
The last time the country had a current account surplus was in the first quarter of 2006-07, again due to the cheaper crude, according to
You cannot allow rating agencies to decide policy: P Chidambaram – The Economic Times
‘If need be, monetise part of the fiscal deficit, print money. There is a sovereign right’ You dug a hole, you are digging a deeper
One-year IBC suspension plan leaves banks in a fix – The Economic Times
A one-year blanket suspension of new cases under the Insolvency Code has surprised bankers. MUMBAI: A one-year blanket suspension of new cases under the Insolvency
India startups | Covid-19 impact: India’s startups story hanging by a thread
The worst hit segments are early and mid-stage businesses, especially in B2C space. The Nasscom survey says around 60% of all B2C companies are facing
reliance rights issue: RIL rights issue set to open: Key things to know before investing – The Economic Times
A rights issue is an instrument for a listed company to raise additional capital. The company will offer one share for every 15 shares held
India news: Why India needs courts more than a vaccine–Economic Times
Every bankruptcy case does not mean liquidation. It is a legal protection to reorganize business that’s becoming unviable with prevailing financial metrics. On a day
Should MFs call for direct RBI support? – The Hindu BusinessLine
It is unfair to expect RBI to rescue select funds — favoured by HNIs — who have only themselves to blame for their crisis Franklin
Japan concerned over fate of its companies in India – The Hindu BusinessLine
Asks New Delhi to ease labour laws, lower import duties The Japanese government has expressed concern over the fate of its companies in India, especially
Input tax credit is permissible on detachable sliding, stackable glass partitions, rules AAAR – The Hindu BusinessLine
As offices get ready to reshape workstations and the entire workplace, a ruling by the Appellate Authority for Advance Ruling (AAAR) may come in handy.
Blanket one-year ban on fresh insolvency under IBC: A boon for corporates, but huge burden for banks – The Hindu BusinessLine
Unless the RBI offers dispensation on recognition of defaults or one-time restructuring, banks could face immense pressure going ahead In a bid to offer respite
Borrowing limit raised, but states won’t rush to make use of the chance | Business Standard News
Only eight states will qualify for the extra borrowing, as they have to meet stiff conditions on ease of doing business. States, if they meet
New-look inter-creditor agreement on the cards as IBC process suspended | Business Standard News
The Indian Banks’ Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight Under the current arrangement when
Great social divide: A new normal post Covid-19 | Business Standard Column
Economic and social activities will come out from slumber in the coming weeks Covid-19 has shaken the world — India is devastated as other countries.