Clipped from: https://economictimes.indiatimes.com In the past 69 years, India has seen a recession only thrice, in fiscals 1958, 1966 and 1980. NEW DELHI: India’s fourth recession since independence,
Category: Economy
Consumer companies seek GST cut to help push sales – The Economic Times
Clipped from: https://economictimes.indiatimes.com The GST Council, which is expected to meet next month, had slashed tax rates on 200 products including chocolates, toothpastes, shampoos, washing
Export units may tap credit facility offered to MSMEs – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com The emergency credit facility was announced by finance minister Nirmala Sitharaman on May 13 as a part of the first tranche of the
Centre’s Covid response ticks all boxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains Cutting one’s coat
Already in debt, Delhi street vendors say they want relief, not more loans | Business Standard News
Clipped from: https://www.business-standard.com/ Because of lockdown, most street vendors were not able to earn anything and had to borrow money for survival. Not many will be
80% MSMEs in Sonipat hub await their turn to open | Business Standard News
Clipped from: https://www.business-standard.com The first of a five-part series captures the restlessness of workers in Haryana’s industrial clusters struggling to restart operations Before the lockdown, workers
Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/ The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45
MSME definition to be widened further, here’s what Centre planning – The Financial Express
Clipped from: https://www.financialexpress.com/ Days after announcing a new set of criteria to define micro, small and medium enterprises (MSMEs) on which various official benefits will be
Delink worker security from jobs–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/delink-worker-security-from-jobs/ The corona pandemic underscores the need for the government to recast social security and health insurance benefits for workers and delink them from
NCLAT sets asides NCLT order to make MCA party in all insolvency, company matters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Rejecting the order, the NCLAT said: “The impugned order making it applicable throughout the country to all the Benches of the National Company
Medium company turnover limit may be doubled for MSME benefits – The Economic Times
Clipped from: https://economictimes.indiatimes.com Finance minister Nirmala Sitharaman had on May 13 announced a new definition for MSMEs as part of the ₹20 lakh crore economic stimulus
Deficit monetisation: Is it really as simple as RBI printing more money? – The Economic Times
Clipped from: https://economictimes.indiatimes.com India has a comfortable foreign exchange reserves of $487 billion currently. The Indian economy is passing through an unprecedented phase, and so is
अटळ संकटाच्या खाईत – -महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com विधान परिषदेवर राज्यपालनियुक्त सदस्य म्हणून उद्धव ठाकरे यांना पाठविण्यास राज्यपालांनी नकार दिल्यानंतर जे रामायण घडले, त्यानंतर रविवारी प्रथमच मुख्यमंत्री उद्धव ठाकरे यांनी केंद्र
Loan moratorium set to worsen shadow banking crisis | Deccan Herald
Clipped from: https://www.deccanherald.com India’s NBFC sector, which has been reeling under stress since the collapse of IL&FS in September 2018, may see the health of many
Strong fiscal measures needed | Deccan Herald
Clipped from: https://www.deccanherald.com/ RBI Governor Shaktikanta Das addresses a press conference on the measures to ease the financial stress caused due to coronavirus pandemic, in New
RBI alone can’t anchor COVID-infected economy | Deccan Herald
Clipped from: https://www.deccanherald.com/ The Reserve Bank of India (RBI) has yet again cut the key policy interest rate – the repo — to 4% last week,
Government to exempt coronavirus-related debt of companies from insolvency law ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com Procedural violations under the Companies Act, such as shortcomings in corporate social responsibility reporting, inadequacies in board reports, filing defaults and delay in
Size of 2020-21 Budget should be ₹40-lakh crore: P Chidambaram – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Government’s stimulus package has come in for criticism from Opposition parties, economists and even from a section of industry. Former Finance Minister
Has the RBI got its inflation outlook wrong? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The country carries sufficient inventory of pulses to meet the needs of consumers. In fact, the government has included pulses as part of
Retailers, small businesses not registered as MSME also to get guaranteed emergency credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Eligible borrowers should have annual turnover up to Rs 100 crore, exposure to bank credit Guaranteed emergency credit will be available for retailers
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