The coronavirus disease (Covid-19)-induced pandemic has brought with it days of dark gloom. But last Friday, this feeling was exacerbated with the shocking news that
Category: Economy
To restart, revise national strategy – columns – Hindustan Times
India is now entering the last week of the nationwide lockdown. Whether or not the lockdown has helped “flatten the curve” and prepare the health
Millions of young losing their jobs is long-term cost of lockdown | Business Standard Column
Over 27 million youngsters in their 20s lost their jobs in April. This has serious long-term repercussions. It is during this age that young India
Unrealistic growth forecasts | Business Standard Editorials
The incoming high-frequency indicators suggest that most forecasters would need to take a fresh look at their projections for gross domestic product (GDP) growth for the current
Let TReDS sabotage impair credit rating–Economic Times
At a time when India’s 6.5 crore micro, small and medium enterprises (MSMEs) struggle for finance, in fact, for survival, and the government can ill
FICCI writes letter to Finance Minister Nirmala Sitharaman seeking fiscal support for the MSME sector – The Economic Times
In a letter to finance minister Nirmala Sitharaman, the Federation of Indian Chambers of Commerce & Industry (FICCI) sought immediate support and additional funds for
The working person’s right to life – The Economic Times
Such speculations are undeterred by survivors’ accounts of exhaustion, police harassment driving them to the tracks, the mistaken belief that trains were not running and,
reserve bank of india: Gurumurthy pitches for one-time restructuring of loans to boost economy – The Economic Times
In a webinar on ‘Rebuilding Indian Economy: Challenges and Opportunities’ organised by Bharat Prakashan Delhi, RBI director S Gurumurthy said that out of Rs 11
HDB Financial Services sacks about 150 employees – The Economic Times
Some of the sacked employees said it is unethical on part of the company to ask them to leave without any prior notice or anything
Indians hooked to games during lockdown; highest ever sales and gaming app downloads – The Economic Times
Live game streaming app Loco, by digital entertainment start-up Pocket Aces, said it has seen a surge in streamer signups by more than 50%. Sales
Private banks increase provisions, but will it be enough? – The Economic Times
Private banks like Axis Bank, ICICI Bank and IndusInd have shown their conservative side by raising provisions related Coronavirus uncertainties as they see a jump
It’s now or never: States are driving bold reforms. We will never get this opportunity again, seize it–Times of India
In one of the boldest and bravest initiatives since the reforms of 1991, Uttar Pradesh, Madhya Pradesh and Gujarat have ushered in radical labour market
Why electronic manufacturers are concerned despite relaxations – The Financial Express
As consumer electronics companies fire up their manufacturing units with limited employees and resources after taking permission from authorities, there are still supply-side constraints and
India will be risking economic hara-kiri, if lockdown extended for much longer: Anand Mahindra | Deccan Herald
Leading industrialist Anand Mahindra on Monday said that if lockdown is extended for much longer duration then the country will be “risking economic hara-kiri”. The
स्वदेशीचा सोस! |लोकसत्ता
सैन्यदलांनी गरज वाढवून दाखवत अवाढव्य आयातीवर भर देऊ नये, हे तिन्ही दलांच्या समन्वयप्रमुखांचे म्हणणे मान्य होण्यासारखेच X संग्रहित छायाचित्र भारतीय सैन्यदलांनी महागडय़ा साधनांचा आग्रह टाळावा
SME: India reopens economy, but millions of SME workers stay home – The Economic Times
Apart from the labor shortages and slack demand, small businesses are living with the threat they’ll be shut down for several weeks if a single
Workers refusing to rejoin factories post lockdown may face pay cuts, disciplinary action – The Economic Times
Gujarat, Madhya Pradesh, Karnataka and Uttar Pradesh are considering strict enforcement. Millions of migrant workers have gone back to home states in the absence of
Experts back ‘bold’ labour reforms – The Economic Times
Several states have undertaken steps to ease labour laws. Employers have been given the flexibility to increase workshifts upto 72 hours a week with overtime
Coronavirus impact on tourism: International tourism could decline by 60-80% in 2020: UN – The Economic Times
The global international agency said that the pandemic has caused a 22 per cent fall in international tourist arrivals during the first quarter of 2020.
6 critical measures govt must include in MSME relief package to ease working capital stress – The Financial Express
Credit and Finance for MSMEs: The most important support that can be offered to MSMEs is the security of their jobs and payment. Addressing this