The last time the country had a current account surplus was in the first quarter of 2006-07, again due to the cheaper crude, according to
Category: Economy
You cannot allow rating agencies to decide policy: P Chidambaram – The Economic Times
‘If need be, monetise part of the fiscal deficit, print money. There is a sovereign right’ You dug a hole, you are digging a deeper
India startups | Covid-19 impact: India’s startups story hanging by a thread
The worst hit segments are early and mid-stage businesses, especially in B2C space. The Nasscom survey says around 60% of all B2C companies are facing
Should MFs call for direct RBI support? – The Hindu BusinessLine
It is unfair to expect RBI to rescue select funds — favoured by HNIs — who have only themselves to blame for their crisis Franklin
Japan concerned over fate of its companies in India – The Hindu BusinessLine
Asks New Delhi to ease labour laws, lower import duties The Japanese government has expressed concern over the fate of its companies in India, especially
Blanket one-year ban on fresh insolvency under IBC: A boon for corporates, but huge burden for banks – The Hindu BusinessLine
Unless the RBI offers dispensation on recognition of defaults or one-time restructuring, banks could face immense pressure going ahead In a bid to offer respite
Borrowing limit raised, but states won’t rush to make use of the chance | Business Standard News
Only eight states will qualify for the extra borrowing, as they have to meet stiff conditions on ease of doing business. States, if they meet
New-look inter-creditor agreement on the cards as IBC process suspended | Business Standard News
The Indian Banks’ Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight Under the current arrangement when
Great social divide: A new normal post Covid-19 | Business Standard Column
Economic and social activities will come out from slumber in the coming weeks Covid-19 has shaken the world — India is devastated as other countries.
‘Talk to experts to make self-reliant slogan work’ | Business Standard Column
For manufactured products, the stated policy since the 1950s was to allow imports of only the goods that were not being made in India in
Unemployment rate remains at 24%, but hard times ahead for labour | Business Standard Column
The small relaxations in the lockdown since April 20 have not had any positive impact on the unemployment rate, yet The unemployment rate remained stable
The impact of the Covid epidemic | Business Standard Column
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
The stimulus that wasn’t | Business Standard Column
The bulk of Ms Sitharaman’s proposals addressed supply problems, with only occasional and cursory references to demand, mostly as an afterthought Finance Minister Nirmala Sitharaman strove hard
Time for real action | Business Standard Editorials
The three legal reforms in agricultural marketing, announced as part of the Rs 20-trillion package for the economy, can be viewed essentially as pending work
Road To Revival! Liquidity boost to create jobs, pep up demand: Nitin Gadkari – The Financial Express
Gadkari on Monday said the recent steps announced by the government to boost liquidity and credit flows would also bolster “the purchasing power of the
Coal India under financial stress as power sector dues mount – The Financial Express
At a time when the government is bringing in reforms to end Coal India’s (CIL) monopoly while also allotting funds to enhance evacuation following the
Atmanirbharta and WTO: India needs to look at larger picture – The Financial Express
India needs to revisit its recalcitrance and play a far more proactive role in addressing the WTO dispute settlement crisis. The WTO’s dispute settlement system,
Welcome reform in minerals, power–Economic Times
The reforms announced in the mineral sector as part of the Covid-19 stimulus package are most welcome. The composite exploration and mining licence that has
MSMEs in need of immediate succour–Economic Times
While the provision of credit might suffice to help larger industry tide over the grim period of zero revenue during the lockdown, micro, small and
MSMEs still wary of fresh loans – The Economic Times
Micro, small and medium enterprises (MSMEs) expected a direct relief from the government in terms of waiving of electricity bills, payment of salaries, among others
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