Buffet’s speech in Berkshire Hathaway’s annual meeting implies that the worst may not be over yet The three-day long annual jamboree, the Woodstock of Capitalism,
Category: Economy
Centre to borrow ₹4.20-lakh crore more; fiscal deficit may widen to 5.4% – The Hindu BusinessLine
The government on Friday announced raising its borrowing by over 50 per cent of Budget Estimate during the current fiscal. Additional borrowing means fiscal deficit
Unions up in arms as State govts dilute labour laws via ordinances – The Hindu BusinessLine
Say laws are amended to woo firms looking to leave China; fear exploitation of workers Our Bureau Unhappy over several State governments making amendments to various
Jobs as memory: Don’t invite new anarchies on top of that wrought by Covid | Business Standard Column
Will people buy as many cars as before? How much office space becomes surplus as office-goers work from home? How will that impact construction? T
Industries want suspension of most labour laws for 3 years – The Financial Express
Earlier in the week, Uttar Pradesh promulgated an ordinance to exempt industries from various labour laws for three years to revive economic activities. In a
GST relief 2.0: Govt can provide relaxations with respect to certain measures under GST – The Financial Express
Current relaxations, prospective exemptions, and time taken to restore normalcy may depress tax collections. An increase in the tax rate of certain goods can compensate
Need for non-collateralized reverse repo operations: SBI Report – The Economic Times
Summary “Given that 2020 is going to be an exceptional year with government borrowings set to jump, we believe the time has now come for increasing
Is it lockdown for startups? – The Economic Times
With Covid-19 and automation, GoI’s one-time employment darlings could become prodigal liabilities. A triple-whammy — SoftBank’s debacles with WeWork and OYO, Covid-19 and GoI’s decision
Are India’s labour law reforms only a gift for factories, or will workers benefit too? – The Financial Express
The new labour reforms will promote ease of doing business in the state. however, it is crucial that companies safeguard the interests and wellbeing of
Moody’s pegs India’s FY21 GDP growth at 0%, says risk of slower economic growth rising – The Financial Express
Moody’s said high government debt, weak social and physical infrastructure, and a fragile financial sector face further pressures due to the coronavirus outbreak. Analysts across
Rescuing real estate: Developers must take bold and agile action to survive Corona shock – The Financial Express
For ‘Act Now’, company leadership should create a “war room” with a senior cross-functional team, focused on scenario planning, prioritising crisis response, and managing initiatives
Corporate Trends – Company – News – The Economic Times
Workforce shortage is biting. Wages will have to be increased to keep migrants from leaving for villages. New Delhi | Mumbai | Bengaluru: India Inc
Uber: The results are in for the sharing economy. They are ugly. – The Economic Times
Lyft said rides on its service fell nearly 80% in late March and remained down 75% in mid-April. In May, passengers began to return cautiously
Covid-19 crisis: It’s time for concrete revival plan, says SBI chairman | Business Standard News
Rajnish Kumar said, “a certainty on regulatory stance, and support that may be coming from the government, is required as we are now in the
India’s chance to seize opportunity amidst crisis–Times of India
“In a crisis, be aware of the danger–but recognize the opportunity.” – John F. Kennedy 40 days in to the lockdown and it has become pretty
Twin responsibility: Government must enact policies to protect both lives and livelihoods–Times of India
It is the sacred duty of every government to protect lives and help secure livelihoods. Rarely have these twin responsibilities been put to greater test
Stimulus must be in line with tax-GDP ratio, says CEA Krishnamurthy Subramanian – Times of India
NEW DELHI: Chief economic adviser (CEA) Krishnamurthy Subramanian is optimistic that the Indian economy will stage a better recovery once the Covid-19 outbreak subsides and it will be a
MSMEs in essential operations are locked out; implementation paralysis hurting small businesses – The Financial Express
Ease of Doing Business for MSMEs: Even though clear guidelines have been issued permitting interstate trucking operations, significant concerns are being faced by stakeholders while
New MSME tag to rely on both investment and turnover, Bill being reworked – The Financial Express
According to the current definition, a micro unit is one where the investment does not exceed Rs 25 lakh, while a small enterprise is one
Economic Relief Package 2.0 soon, possible to raise $60 billion by listing govt bonds overseas: CEA KV Subramanian – The Financial Express
In an interview to India Today channel, the CEA said: “About $4 trillion of money tracks these (global) bond indices. India is expected to get
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