Clipped from: https://www.business-standard.com/ It’s not just the inability to downsize that constrains it but opaque hiring practices and the illogic of size-based legal thresholds that encourage
Category: Economy
RBI repo cuts not effective any longer? They seem to have lost their sting | Business Standard News
Clipped from: https://www.business-standard.com In 12 months, bond yields are down 100 bps, against 200-bps cut in repo In the past 12 months, the RBI has cut
Dismantling of labour laws will take away workers’ protection, says Ex-CEA | Business Standard News
Clipped from: https://www.business-standard.com India’s January-March GDP growth sank to 3.1 per cent, a low not seen in at least 17 years Subramanian agreed with most
Perils of ‘self-reliance’ | Business Standard Editorials
Clipped from: https://www.business-standard.com Protectionism will hurt India’s economy and its people When Prime Minister Narendra Modi introduced the concept of “aatmanirbharta” or self-reliance to the nation
Cabinet gives nod to fund for reviving NPA accounts in MSMEs; to provide this much credit guarantee – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The government will provide Rs 4,000 crore support to the CGTMSE, which will give partial credit guarantee support
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
‘Govt must replace red-tapism with red carpet to attract firms exiting China and for MSMEs to benefit’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Recently, Japan announced $2.2 billion stimuli to help out Japanese companies moving out of China followed by
IBC realisations for financial creditors may drop 40% to Rs 60,000 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com Against the stipulated resolution period of 330 days, the average time taken for completion of the CIRPs yielding approval of resolution plans has
Reform Push: Cabinet clears Ordinances on farm trade, insolvency – The Financial Express
Clipped from: https://www.financialexpress.com The government could also allow trading through the e-NAM platform without going through the mandatory registration process as an extension of the current
Welcome move on privatising banks–Economic Times
Clipped from: https://economictimes.indiatimes.com The government is toying with the idea of privatising some public sector banks (PSBs). This is welcome in principle. The government’s stated policy
Cabinet okays ordinance to amend insolvency law; defaults due to COVID out of IBC ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Payment defaults from March 25 — the day when the nationwide lockdown to curb coronavirus infections began — would not be considered for
MSME news: MSMEs to be classified based on new criteria from July – The Economic Times
Clipped from: https://economictimes.indiatimes.com The existing criterion of definition of MSMEs is based on the MSMED Act, 2006.It was different for manufacturing and services units. It was
Covid impact on Indian companies: Titan, Minda & TTK among 10 firms from 10 sectors telling you where Covid hurt them the most – The Economic Times
Clipped from: https://economictimes.indiatimes.com Most companies are clueless about how the endemic disrupted their markets and businesses. The real impact of Covid-19 on Indian businesses is still
Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks. NEW DELHI: The Reserve Bank
Retail and SME loans to deteriorate now: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com Days after downgrading India, Moody’s said the quality of retail and SME loans will also deteriorate. Days after downgrading India’s sovereign ratings, global
FRBM framework will need to be updated, says former CEA Arvind Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com It will be a very difficult economic year. We should brace ourselves for a sharp decline in growth, he said. NEW DELHI: Former
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
India’s lockdown strategy was faulty, economy to contract 10% this fiscal: Former finance secretary SC Garg – The Financial Express
Clipped from: https://www.financialexpress.com/ The former finance secretary went on to say that the 2020-21 fiscal will go down in the history of India as the year
India needs to open up more and knock down import tariff imposed in last 3 years: Arvind Panagariya – The Financial Express
Clipped from: https://www.financialexpress.com Panagariya said India should continue to engage with Asia Pacific partners and get into RCEP as it prepares to take over the multinational
Getting the priority sectors right post-lockdown–Times of India
Clipped from: https://timesofindia.indiatimes.com A recent FICCI survey made it amply clear that the Covid-19 pandemic has had a deep impact on Indian businesses which could lead
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