Clipped from: https://economictimes.indiatimes.com About 25-40 per cent of microfinance borrowers have started paying back their dues at the end of May, better than April’s 10-15 per
Category: Economy
India’s fundamentals demand much better rating, GDP growth to decline this year: CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ India’s ability and willingness to repay debt is gold standard, CEA said making a case for ratings upgrade. The government on Thursday virtually
Go for growth, signals S&P–economic times
Clipped from: https://economictimes.indiatimes.com It is to the credit of the rating agency S&P that it has retained India’s sovereign credit rating, despite forecasting sharply negative growth
Welcome thoughts on securitisation from RBI–economic times
Clipped from: https://economictimes.indiatimes.com The draft framework for the securitisation of standard bank assets put out by the Reserve Bank of India (RBI) seeks to rationalise a
loan moratorium: All kind of loans and contractual transactions can’t be put under moratorium: SEBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ SEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea which sought a clarification
Cash Not Credit Is The Key-Minhaz Merchant – BW Businessworld
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,
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
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
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
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
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