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.
Category: Economy
Trump threatens fresh tariffs on China, blames country for Covid-19 | Business Standard News
Two US officials, speaking on condition of anonymity, said a range of options against China were under discussion US President Donald Trump speaks about the
India to cap stimulus package at $60 bn to protect credit rating: Report | Business Standard News
Fitch warned India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further Health workers wearing protective suits shift to a van the
Facilitate steel sector’s growth to review economy post-lockdown: FICCI | Business Standard News
FICCI further recommended subsidising railway freight by an additional 15 per cent for the next six months with a change in class of iron ore
PM reviews power, aviation sectors amid Covid-19 – The Hindu BusinessLine
Expedite handing over six more airports to under PPP mode’ Prime Minister Narendra Modi on Friday reviewed the position of the power and aviation sectors
HNIs cash in on market crash to raise stake in BSE 500 stocks in March quarter – The Hindu BusinessLine
Banking & financial services stocks most preferred; retail investors on selling spree The sharp decline of over 30 per cent in most stock prices in
‘We need stimulus of 5% of GDP now’: Rakesh Mohan – business news – Hindustan Times
Mohan, who is now a senior fellow at the Jackson Institute for Global Affairs at Yale University, said in an interview that India has the
Reviving the aluminium industry to challenge China – The Financial Express
The industry is the most apt for creating livelihoods. Govt should consider supporting SMEs in the sector through tariffs to prevent their collapse due to
Faster exit needed: Restoration of transport and fiscal package to kickstart the economy are essential–Times of India
The initial 21-day lockdown was extended by another 19 days, and major relief was expected by May 3. Government has now promised some guidelines to
Home loan disbursals come to a grinding halt – The Hindu BusinessLine
Lenders hopeful of demand for housing and loans reviving later in the year Home loan disbursements have come to a virtual standstill amid the national
Fitch downgrade viability ratings of SBI, ICICI Bank, Axis Bank and BoB – The Hindu BusinessLine
Fitch Ratings has downgraded by one notch the viability ratings (VRs) of four large banks — State Bank of India (SBI), ICICI Bank, Axis Bank
Say no to banks | Business Standard Editorials
Suspending IBC for an extended period would destroy it Indian banks are reportedly planning to suggest to the government that all the pending cases under
PM Modi finds ways to attract foreign investors to India; suggests ministries to do this – The Financial Express
PM Modi said that the action should be taken for a more proactive approach to handhold the investors. PM Modi discussed strategies to attract more
Crisil expects gross NPAs to rise by 150-200 basis points this fiscal – The Financial Express
Crisil expects GNPAs for the financial year 2020 to remain at 9.5%. Considering the Covid-19 impact, Crisil has projected GNPAs in the range of 11-11.5%
Cement dispatches likely to dip 10% in FY21: Icra – The Financial Express
At pan-India level, cement prices are higher in the northern, southern and western markets by 20%, 5% and by 8%, respectively, in FY20 while the
Renew the pledge | The Indian Express
More than ever, the rights of workers, vulnerable need to be secured. The COVID-19 pandemic is haunting the world. It has been devastating the lives
The new deal India needs | The Indian Express
There are no labour-day rallies, celebrations or meetings this year as everyone is under lockdown, fighting the coronavirus through physical distancing. Nevertheless, it is a day for
Auto sector may get Rs 1-lakh crore jolt on 45-day shutdown – The Economic Times
About two-thirds of the revenue foregone will be from GST on new vehicles, followed by registration tax and GST on insurance. Zero production also means
startups: Industry body urges government to create Rs 25,000-crore fund for startups – The Economic Times
An existing Rs 10,000 crore fund-of-funds, which is currently being administered by the Small Industries Development Board of India (Sidbi), should be rolled into it
Govt plans to launch initiatives to boost exports from MSME sector: Official – The Economic Times
MSME Secretary Arun Kumar Panda said talks were on with NITI Aayog to rank states on the basis of 4Es including employment generation, enterprise creation,
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