A fresh surge in bad debt could hit credit growth and delay India’s recovery from the coronavirus pandemic. The Indian economy has ground to a
Category: Economy
‘There will be a flight of capital from China post Covid-19 period’: Ram Madhav – business news – Hindustan Times
His comments came in the midst of reports that a sizeable number of global giants including Japanese and American companies are considering to shift their
Creating jobs under govt’s employment scheme just got easier; ‘roadblock’ for SMEs removed – The Financial Express
Skill, Labour, Talent for MSMEs: The government has taken a step to simplify the procedure of clearing the proposals and applications of the prospective entrepreneurs.
RBI steps necessary but credit to small businesses, others critical to sustain Covid: Arvind Subramanian – The Financial Express
Credit and Finance for MSMEs: The RBI had last month said that it will conduct long-term repo operations (TLTRO) of Rs 50,000 crore with at
Business activities significantly hit; recovery may take over a year: Survey – The Economic Times
A CII survey showed that the country may experience a protracted slowdown in economic activity. For the full financial year 2020-21, the expectations of a
‘6 to 9 months, even longer for consumption to get back to normal,’ says TVS Supply Chain Solutions MD – The Hindu
The supply chain sector needs cash flow. As such, banks have to provide funding through ways and means advances, which means that it is not
27 of top 100 companies can’t sustain current wage bill: Deloitte study – The Hindu
As per the study, these companies will either have to dip into its cash balance or borrow in short-term. As many as 27 out of
Covid crisis: India at the cliff edge of a rating downgrade – The Financial Express
India’s Achilles heel on ratings is its parlous state of fiscal affairs and the risk of a sharp deterioration of government debt to potentially ~75-80%
11 crore jobs, 30% of GDP: Small enterprises pushed to brink amid looming distress, despair | Business News,The Indian Express
At stake are not only these jobs but the future of what makes up 45 per cent of the country’s total manufacturing output, 40 per
Meghnad Desai writes, ‘Disruption of global supply chains during pandemic creates tremendous opportunities to reindustrialise India’
Over the last 70-plus years, India has frittered chances to become a centre of manufacturing on the scale of other Asian countries. Restoration will be
FPIs in selloff mode, pull out Rs 15403 cr in April amid coronavirus crisis–Deccan Chronicle
New Delhi: Continuing their selling spree for the second straight month, foreign portfolio investors (FPIs) withdrew a net Rs 15,403 crore from the Indian capital
Over 150,000 Indians in UAE register to return home – world news – Hindustan Times
The Indian missions in the country last week opened online registration for the expatriates who wish to fly back home after getting stuck in the
GST collections may show negative growth into September, says GIFT study – The Hindu BusinessLine
Goods and Services Tax (GST) collections may likely witness a slow or even negative growth rate for at least six months from March due to
It’s unfair to expect private businesses to foot the social security bill for lockdown – The Hindu BusinessLine
It is high time the Central and State governments stopped passing the buck and announced a concrete package for workers and businesses debilitated by the
Need to speed up work on infra to make up for time lost on Covid-19: PM Modi – The Hindu BusinessLine
Modi holds meet to strengthen MSME sector; discusses financial sector, structural and welfare measures to spur growth Prime Minister Narendra Modi has stressed the need
NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data – The Economic Times
Summary The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI
India’s lockdown is running up an unsustainable economic cost – The Hindu BusinessLine
A strategy that focusses on intensifying testing and possibly curbs on the vulnerable population, while allowing the rest to resume economic activity with the necessary
Why rural resurgence matters | Business Standard Column
With rural demand driving growth in many Indian industries, interventions aimed at jump-starting agrarian activities will play a key role in the country’s economic revival
How to reduce India’s infrastructure deficit | Business Standard Column
India aims to spend huge amounts on infrastructure in the coming years. It will be equally important to promote the efficiency of these investments through
RBI guv Das chastises banks not doing enough on lending, NBFC liquidity | Business Standard News
Relaxation likely on branch audit as Guv meets bankers Shaktikanta Das was also upset about the failure of the Targeted Long Term Repo Operations 2.0
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