Clipped from: https://timesofindia.indiatimes.com Moody’s Investors Service this week downgraded India’s long-term foreign currency and local currency ratings a notch to Baa3 from Baa2. India’s rating remains
Category: Economy
‘Innovation is the need of the hour’: Kiran Mazumdar-Shaw says businesses have to reinvent and repurpose in a post-Covid world – The Economic Times
Clipped from: https://economictimes.indiatimes.com Shaw also gave her two cents on how street vendors can survive the pandemic. The Covid-19 pandemic has triggered an economic slowdown of epic proportions.
Forget Moody’s, Focus on the Mood–Economic Times
Clipped from: https://economictimes.indiatimes.com Global credit rating agency Moody’s has nipped India’s long-term sovereign rating from ‘Baa2’ to a notch lower, ‘Baa3’, but it does not really
Indian economy to contract 10% this fiscal: Subhash Chandra Garg – The Economic Times
Clipped from: https://economictimes.indiatimes.com The former finance secretary said India’s lockdown was faulty, saying the economy will shrink by 10%. Former finance secretary Subhash Chandra Garg on Tuesday said
Already in a mega-recession, India needs a venture capitalist of last resort – The Economic Times
Clipped from: https://economictimes.indiatimes.com India must plan for a terrible year ahead in which GDP falls by 5% or more. Bankruptcies are inevitable. The government is focused
Showing declared value on ‘Bill of Lading’ not mandatory, says expert | Business Standard News
Clipped from: https://www.business-standard.com Rule 3 of the Rules Relating to the Bill of Lading (BL) set out in the Schedule to the Carriage of Goods by
Government launches Electronics Manufacturing Scheme 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com To give incentives to top 5 global, Indian companies initially The government on Tuesday launched the Electronics Manufacturing Scheme 2.0 to give a
Centre right in announcing relief package for small industries, farmers and migrant workers: Bosch Jt MD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Incentives for automobiles and other industries can wait A key executive at the Indian operations of Bosch, the world’s largest auto parts maker,
Fall in bank credit may delay jewellery sector recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The consistent fall in bank credit to the gem and jewellery industry may exert further pressure and delay the recovery of the sector
All you wanted to know about the shapes of economic recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The rolling lockdowns due to Covid have sent the economy into a tailspin. Growth in India, and indeed much of the world, is
India made a big mistake in not joining the RCEP: Arvind Panagariya – The Economic Times
Clipped from: https://economictimes.indiatimes.com “India should continue to engage with Asia Pacific partners and get into RCEP as it prepares to take over the multinational companies from
Extension of moratorium on loan repayment to affect liquidity conditions of NBFCs: Icra – The Financial Express
Clipped from: https://www.financialexpress.com Most NBFCs carried adequate on-balance sheet liquidity as of March 2020, which, along with access to funding lines, would be sufficient to meet
Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak – The Economic Times
Clipped from: https://economictimes.indiatimes.com The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore while
Need urgency in implementation of policy to overcome present crisis: Ajay Piramal – The Economic Times
Clipped from: https://economictimes.indiatimes.com “How do we overcome the present crisis. Over the past several weeks, many policy announcements have been made, both for the short term
IBC news: IBC tweak challenges flagged – The Economic Times
Clipped from: https://economictimes.indiatimes.com Many lenders, particularly state-owned banks, are not in a hurry to initiate IBC proceedings. MUMBAI: The road towards changing the Insolvency & Bankruptcy Code
It is criminal not to give cash support to MSMEs: Rahul Gandhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com Gandhi has been calling for immediate financial support to the micro, small and medium enterprises (MSMEs) in the country, which employ a large
Why Moody’s downgrade is not a bolt from the blue but still not justified | Business Standard News
Clipped from: https://www.business-standard.com/ While this downgrade will not affect the sovereign as it does not borrow overseas, it will however affect Indian companies borrowing from abroad
21 million jobs added in May | Business Standard Column
Clipped from: https://www.business-standard.com While the main labour market metrics indicate an improvement in May compared to April, the labour market conditions still remain much weaker than
Medium-term dynamics for India post Covid-19 lockdown – The Financial Express
Clipped from: https://www.financialexpress.com Shape of economic recovery will determine employment, debt and exchange rates. The immediate fiscal deficit dynamics and growth outcomes for India post Covid-19
A V-shaped economic recovery is certain, but for how long? – The Financial Express
Clipped from: https://www.financialexpress.com/ With the economy in bad shape even before Covid-19, and no large stimulus, even FY22 will be a low-growth year. Given the severity
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