Clipped from: https://www.thehindubusinessline.com Restrictive conditionality Only intended to hinder States’ development policies – Getty Images/iStockphoto Restrictive conditionality Only intended to hinder States’ development policies – Getty
Category: Economy
Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economic-revival/lockdown-4-0-not-looking-for-dole-need-better-policies-say-meerut-msmes-120052801729_1.html The fourth of a five-part series looks at the situation in the industrial heartland of Western UP where firms prefer GST refunds, supportive
Rs 20 lakh crore Covid-19 relief package: Missing demand – The Financial Express
Clipped from: https://www.financialexpress.com/ The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank. What
Blanket ban on recovery impractical, say bankers – The Economic Times
Clipped from: https://economictimes.indiatimes.com Despite the government announcement of Covid-related delinquencies not being treated as a default, it would be impractical to provide a blanket protection against
SBI ready with micro market plan, soft launch on June 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com State Bank of India (SBI) is all set to activate its micro market vertical from June to raise its stake with the bottom-of-the-pyramid
Reopen the malls, spare real estate–Economic Times
Clipped from: https://economictimes.indiatimes.com Restaurants in shopping malls are reportedly looking at moving out of these precincts that have been shut due to the pandemic-induced lockdown. That
Labourer: Projects worth Rs 21.11 lakh cr at a standstill in red zone districts: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to the study by projects monitoring organisation Projects Today, around 8,917 projects worth Rs 21.11 lakh crore are stuck in the 108
Law or no law, deficits keep getting monetised–Times of India
Clipped from: https://timesofindia.indiatimes.com A report in the 27th May edition of Times of India says that the union government is considering the option of getting the Reserve
Coronavirus Lockdown: Why Rs 5,000 crore credit facility for street vendors may fall short | Deccan Herald
Clipped from: https://www.deccanherald.com Financial relief in the form of loans is unlikely to work for a majority of street vendors The urban landscape in India will
MSME loans: Eligible MSMEs to get offer of pre-approved loan under Rs 3 lakh crore relief package – The Economic Times
Clipped from: https://economictimes.indiatimes.com It seeks to provide much-needed relief to the MSME sector by incentivising lending institutions to provide additional credit of up to Rs 3
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch – The Economic Times
Clipped from: https://economictimes.indiatimes.com The impact of forced lending on banks’ impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), depending on the severity
Indian economy to contract 5% in FY21, says S&P assuming COVID-19 peak by third quarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com S&P Global Ratings forecast Indian economy to contract 5 per cent in the current fiscal. S&P Global Ratings on Thursday said the Indian economy will
Punjab approves reforms to avail additional borrowing of 1.5% of GSDP | Business Standard News
Clipped from: https://www.business-standard.com/ The additional borrowing would help state tide over the estimated 30 per cent revenue shortfall in 2020-21 fiscal The Punjab cabinet approved setting
India can tide over worst recession, but govt must be careful: Experts | Business Standard News
Clipped from: https://www.business-standard.com/ Montek Singh, D Subbarao were participating in a webinar hosted by Bhavan’s SP Jain Institute of Management Research Former Reserve Bank of India
Labour pains: Thane’s MSMEs operating at 10-15% capacity amid lockdown | Business Standard News
Clipped from: https://www.business-standard.com The third of a five-part series looks at how lack of manpower and cash flow issues have put small units in dire straits
Do borrowers have any rights? | Business Standard Column
Clipped from: https://www.business-standard.com/ Can the bank take shelter under the omnibus problems caused by the Covid-19 crisis to indiscriminately cut down on the sanctioned credit limits
No need to worry about food inflation for six months, says expert – The Financial Express
Clipped from: https://www.financialexpress.com/ The buffer stock has been procured by the government at Rs 37 per kg and Rs 27 per kg for wheat, and this
Reserve Bank of India should keep its powder dry, use ammunition with caution: Former RBI governor D Subbarao – The Financial Express
Clipped from: https://www.financialexpress.com Subbarao explained that one thing about the current crisis around the world is that fiscal policy has no room but it has traction
Stimulus: The faster, bigger, the better–Economic Times
Clipped from: https://economictimes.indiatimes.com Dire forecasts of GDP growth plunging deep into the negative territory might or might not be precise, but precision is not the point.
GDP growth: India’s GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said. The country’s economy, which is likely to