Prime Minister Narendra Modi announced Rs 20-trillion relief package for the Covid-19 impacted Indian economy in a late evening address to the nation. While the
Category: Economy
PM Modi announces Rs 20 trillion stimulus package to jump-start economy | Business Standard News
In his fifth address since the Covid-19 outbreak, Prime Minister Narendra Modi on Tuesday evening announced a much-awaited Rs 20-trillion stimulus package while giving away that the nationwide lockdown would be
Welcome stimulus, promise of reform–Economic Times
It is welcome that the prime minister has announced a stimulus package amounting to Rs 20 lakh crore, equivalent to 10% of GDP. While he
Consumer finance firms may axe ‘no-cost EMI’, zero down payment plans – The Economic Times
KOLKATA: Consumer finance companies are tightening terms fearing rising credit risk because of job losses and salary cuts due to the economy stalling in the
Government set to guarantee up to Rs 3 lakh crore loans to MSMEs – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/government-set-to-guarantee-up-to-rs-3-lakh-crore-loans-to-msmes/articleshow/75706083.cms NEW DELHI: The government’s much-awaited stimulus for micro, small and medium-sized businesses is expected to include a provision for additional loans of up
Credit rating for MSMEs on anvil; govt seeks ideas for setting up this new system – The Financial Express
Credit and Finance for MSMEs: MSME Minister Nitin Gadkari has sought ideas from the industry and small business associations for setting up a system for
Coronavirus: Just change in labour laws or tax rates won’t help – The Financial Express
All the changes were needed, but given frequent U-turns in govt policies, convincing India Inc isn’t going to be easy The fact is, the opportunity
टाळेबंदीचा संभ्रम – महाराष्ट्र टाइम्स
टाळेबंदीचा संभ्रम पाठोपाठच्या तीन टाळेबंदी आणि त्यातून ५४ दिवस देशभरातील व्यवहार बंद ठेवल्यानंतर, या टाळेबंदीने नेमके काय मिळाले, असा प्रश्न उपस्थित झाल्यावाचून राहत नाही. येत्या
IBA submits proposal on ‘bad bank’ to govt, RBI – The Financial Express
The proposed structure of a bad bank is based on the earlier recommendations of a panel headed by former PNB chairman Sunil Mehta, called ‘Sashakt’
Not sure whether India will gain if businesses shift from China due to coronavirus: Nobel laureate Abhijit Banerjee | Deccan Herald
What happens if China depreciates its currency. In that case, Chinese products will be cheaper and people will continue to buy their products”. Nobel laureate
Steel sector needs govt’s handholding to recover from COVID-19 disruptions: Seshagiri Rao | Deccan Herald
The domestic steel sector will take a longer time to recover from COVID-19 disruptions and will need government’s handholding to emerge from this crisis situation,
Jute industry incurs Rs 1,250 cr loss due to coronavirus lockdown | Deccan Herald
The jute sector has incurred an estimated loss of Rs 1,250 crore in the wake of the lockdown which brought livelihood of workers and farmers of the
MSMEs may now get their grievances resolved within 7 days through this new govt portal – The Financial Express
Ease of Doing Business for MSMEs: MSME ministry has also integrated its recently launched portal — ideas.msme.gov.in — for MSMEs to share their ideas, innovation,
Tax Holiday in India: India to plan tax holiday to win new investments | India Business News – Times of India
NEW DELHI: The trade ministry is proposing a tax holiday for companies bringing new investments as the government explores measures to support the economy amid the coronavirus pandemic, according
Ease land markets: Karnataka’s legislative change to help unlock land market is a welcome step–Times of India
Of all factors of production, the market for land in India is arguably the most distorted. A part of the distortion comes from long standing
india exports: Rotten pomegranates, unsold garments mark the ‘worst time’ for Indian exports – The Economic Times
Labour and logistics’ issues are making it overwhelmingly difficult for export operations to resume from the country. The steep rise in logistic costs has only
SIDBI scheme: SAFE and SMILE, two SIDBI schemes that can help you raise money during Covid-19 – The Economic Times
Finding money and funding for your business has become very difficult. However, two SIDBI schemes can provide some succor. According to SIDBI, the emphasis of
Open up after May 17 – editorials – Hindustan Times
As India enters the final week of its extended lockdown, there is a paradox confronting policymakers, which was visible in Prime Minister Narendra Modi’s meeting
Aakar Patel: Job security is a distant dream in lockdown times–Deccan Chronicle
A few days ago, I had something delivered at home from the food delivery app Swiggy. It was someone’s birthday and I ordered a kilo
C Raja Mohan writes: Trade politics in the US have evolved significantly in recent years.
Significant political contestations within the US and between the US and China to reform, reorient or bypass the WTO system are at hand. All major
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