Clipped from: https://www.business-standard.com/ Interest rate reduction may not push credit offtake In another out-of-turn policy meeting last week, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)
Category: Economy
No bad bank yet: Govt plans reforms in asset recast space – The Financial Express
Clipped from: https://www.financialexpress.com The government first wants to ensure that structural reforms are initiated in the asset reconstruction space to boost the performance of existing companies.
Sovereign rating: Economists shrug off downgrade fear amid Covid crisis – The Financial Express
Clipped from: https://www.financialexpress.com Unprecedented crises, they stress, warrant elevated government spending to rekindle growth impulses fast and protect both lives and livelihood, while fiscal hawkishness is
India’s retail trade lost business worth Rs 9 lakh cr in last 60 days: CAIT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Businesses can be small in size, but big in reach, so that they are not at the mercy of a handful of customers.
Gearing up for the new normal: How SMEs can manage their finances better in the post-COVID economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com Businesses can be small in size, but big in reach, so that they are not at the mercy of a handful of customers.
Reforms do not mean complete abolition of labour laws, says Rajiv Kumar – Times of India
Clipped from: https://timesofindia.indiatimes.com/ NEW DELHI: Amid concerns over changes in labour laws in various states, Niti Aayog vice chairman, Rajiv Kumar on Sunday said reforms do not mean
States compete to bring in sweeping changes to labour laws, ‘competition to attract capital’, say analysts | Business News,The Indian Express
Clipped from: https://indianexpress.com A blanket suspension of labour laws, as has been in the case of UP, however, may not find favour, with the Centre leaning
Modi refuses to follow path adopted by most countries to counter economic consequences of Covid-19 | The Indian Express
Clipped from: https://indianexpress.com/ The model advocated by almost all economists is fiscal stimulus. That means only one thing: spend more. India has not suffered negative GDP
How Atmanirbhar Bharat impacts sectors, stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com We evaluate the impact of key proposals and reforms on various sectors Banking: An added burden for banks The stimulus package, which was
Atmanirbhar Presentation Part-1 Business including MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore of collateral-free loans for small businesses, cut the tax rate for non-salary
Future actions to stimulate economy will depend on how coronavirus crisis pans out: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A day after the RBI projected economic contraction in 2020-21, Finance Minister Nirmala Sitharaman on Saturday said that future fiscal policy actions to
Will economic reforms continue after the crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com It was Thomas Jefferson who stated that ‘I predict future happiness for Americans if they can prevent the government from wasting the labours
Last rate cut for now but there’re more bullets in RBI’s chamber | Business Standard Column
Clipped from: https://www.business-standard.com/ Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35
RBI rate cuts won’t help, get banks to lend – The Financial Express
Clipped from: https://www.financialexpress.com/ If the financial system isn’t fixed, it can’t support business, and there will be no growth. Repo rate cuts have outlived their utility.
Deposits rise over Rs 2.8 lakh crore in six weeks of lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com Bank deposits have risen by over Rs 2.8 lakh crore in three fortnights of the lockdown till May 8, while bank credit during
About 20% SBI borrowers opt for loan repayment moratorium: Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com SBI Chairman Rajnish Kumar on Friday said close to 20% of the bank’s borrowers have opted for moratorium on repayment of term loans
Easy going | The Indian Express
Clipped from: https://indianexpress.com Monetary policy may have greater space to operate. But there are limits to what it can achieve. The dovish tone of the policy
RBI warns of encircling gloom, the challenge of dissipating it remains unmet–Times of India
Clipped from: https://timesofindia.indiatimes.com Delivering a dire prognosis to the country, RBI governor Shaktikanta Das has indicated that GDP growth could be in the negative territory in
The economic package: Few takeaways–Times of India
Clipped from: https://timesofindia.indiatimes.com Difference is of ten times – the government announced economic package is around 21 Crores, more than 10% of GDP, while many observers
Another push: But RBI’s arrows are having diminishing impact–Times of India
Clipped from: https://timesofindia.indiatimes.com Reserve Bank of India governor Shaktikanta Das yesterday indicated that national output may shrink this financial year, which would make it the first