If the demand for industrial goods doesn’t make a dramatic recovery in May-June, India may see a shakeout in the truck transport sector in about
Category: Economy
In post-Covid-19 times, renewable energy to face stiff competition from fossil fuels – The Hindu BusinessLine
Conventional energy-rich economies are even relaxing environmental restrictions The lessons learnt by countries using significant amounts of renewable energy (RE) are important for India, which
‘Make bold decisions’: P Chidambaram urges Centre to announce wage protection package – The Hindu BusinessLine
If businesses do not see hope, they will decide to close Former Finance Minister and senior Congress leader P Chidambaram said that in the absence
India’s exports can bounce back on graded lockdown exit, phased resumption of manufacturing activities, says EEPC Chairman – The Hindu BusinessLine
Indian engineering exports can “witness a bounce-back” if a “graded-exit” to the lockdown and a phase-wise resumption of manufacturing activities take place. Quicker resumption of
Rights issue renunciation: FinMin raises the pricing bar for non-residents – The Hindu BusinessLine
Non residents can’t take the benefit of free pricing by companies The pricing regime for non-residents acquiring shares out of Rights Issue renunciation by resident
Not many opting for loan moratorium, say banks – The Hindu BusinessLine
328 companies have opted for facility, says ICRA; SME segment keen to avail benefits Though the Reserve Bank of India has allowed companies to opt
Nearly half of world’s workforce risks losing livelihoods in pandemic: ILO | Business Standard News
Prolonged lockdowns and closures expected to lead to an ‘even’ worse fall in total working hours, says UN agency. Some 1.6 billion workers in the
Covid-19 fallout: Hotel industry revenue likely to slip by Rs 90,000 cr | Business Standard News
Given the evolving scenario, the consultants said they have revised earlier estimates of the overall revenue loss that the industry would face in 2020 During
Life after Covid-19: How the Indian automotive sector can be future-ready | Business Standard News
A three-pronged approach can help the sector navigate turbulence related to Covid-19 Due to Covid-19, automotive demand will be significantly impacted in FY21 The Indian
Covid-19 and women@work | Business Standard Column
Poor access to economic opportunity is reflected potently in India’s famously poor female labour force participation rates As expected, the national lockdown has added significantly to the
Working with the Gulf | Business Standard Editorials
India must accept responsibilities for its diaspora New Delhi will have to act quickly to ensure that the current crisis does not affect its relations
IT ministry approaches MHA on phased opening of electronics repair and sale shops – The Financial Express
Industry again urged the government to include mobiles, laptops and accessories in the essential list and allow phased opening of repair and sale shops, beginning
Buy bonds that banks shun, RBI–Economic Times
The difficulty some of India’s best regarded non-banking financial companies (NBFCs) have had in raising debt shows that much more needs to be done than
Toothless reform move for power sector–Economic Times
Yet more pretend reform is planned for India’s blighted power sector. The draft Electricity (Amendment) Bill, 2020, seeks to constitute an Electricity Contract Enforcement Authority,
Sell unsold units at ‘no-profit-no-loss’ to save interest, boost liquidity: Gadkari to realty cos – The Economic Times
Promising his full support, Gadkari also advised builders to send their representatives to ministries of housing and finance as well as the Prime Minister’s Office
MSMEs: ‘Hand-to-mouth’ crisis for MSMEs fuels calls for more fiscal aid in India – The Economic Times
As the cash-flow for MSMEs dries up, and in the absence of any fiscal support, many will be forced to cut jobs to curb costs.
Falling billion-dollar deals over virus spur court fights – The Economic Times
Among the high-profile transactions that have become feuds are Mirae Asset Global Investments Co’s $5.8-billion purchase of a US luxury hotel portfolio from Anbang Insurance
1.6 billion informal workers in danger of losing their jobs: International Labour Organization – The Economic Times
Total working hours in the second quarter are expected to be 10.5% lower, equivalent to 305 million full-time jobs, than the last pre-crisis quarter, the
IT firms TCS, Infosys, Wipro to reduce subcontractors to control costs – The Economic Times
“We will be reducing dependency on contractors to some extent to optimize it (cost). Lateral hiring will be done for specific skills in a limited
Barclays CEO says ‘putting 7,000 people in a building may be thing of the past’ – The Economic Times
“The notion of putting 7,000 people in a building may be a thing of the past,” Jes Staley said. Barclays plans to reopen its Hong
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