Banks are currently offering 10% of outstanding loans to MSMEs as additional working capital at a concessional rate to help them tide over the temporary
Category: Economy
Recovery to be slowest in realty, capital goods & infra stocks: Sanjeev Prasad – The Economic Times
In last two months, we have upgraded as many as 38 stocks, says MD, Kotak Institutional Equities. Why are markets going higher? Are we missing
PM Modi: View: Desperate India may now need Modi to do a Roosevelt – The Economic Times
Every nudge by the Reserve Bank of India to make lenders take credit risk has fallen flat. Small Indian companies getting decimated by the world’s
India set to take a Rs 40,000 crore blow on account of oil revenue loss – The Economic Times
Demand in the world’s third-biggest consumer of fuel plummeted this month. Consumption of fuel products probably declined at least 80% in April. India’s 40-day lockdown
National Restaurant Association of India: As restaurants start shuttering, some entrepreneurs are trying to reinvent their business – The Economic Times
RedSeer estimates food delivery will take a year to come back to pre-lockdown levels. RedSeer Consulting estimates food delivery alone will take at least a
Graded opening of economy needed to protect livelihood, says Amitabh Kant – The Economic Times
“Possible Road Ahead: Hyper-localisation in Red areas with ruthless containment; 2.Physical distancing & Masks =New Fashion; 3.Virus can bounce back; 4. Look after 60+with Co-morbidity;
Curbs intact, India could put a lid on new cases by May 21: Economists – The Economic Times
Mumbai School of Economics and Public Policy (MSEPP) paper warns states against allowing large-scale movement of migrant labour. Representative image NEW DELHI: Most states could
Core sector output shrinks 6.5% in March as Covid-19 takes its toll on the economy – The Economic Times
The IIP shrank 6.5% in March compared to 5.8% growth witnessed in the same period last year. Manufacturing, petroleum products, mining operations have been hit
gold loan: Rush for gold loans seen as Indians seek refuge from slowdown – The Economic Times
Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set for its first contraction in
Automakers are preparing a lockdown exit plan. Three hurdles they need to factor in. – ET Prime
With the government looking for ways to come out of a 40-day national lockdown in stages and thinking of a graded easing, the auto industry has
Banks lend whopping Rs 1.15 lakh crore to NBFCs in March – The Economic Times
Summary Banks lend whopping Rs 1.15 lakh crore to NBFCs in March, the highest on month since 2008. Banks were initially reluctant to lend to NBFCs
Dear Prime Minister, for God’s sake, please don’t let this crisis go to waste – The Economic Times
At the end of the day, this is not where the world wanted to be in 2020. Away from the public health issue, from an
As a Covid-fighting nation, India shown its capabilities to become a serious global player – The Economic Times
India has the capability to rise above and become a beacon of hope for the rest of the world. We’re also recognised as a country
It’s time for some hard decisions – The Hindu BusinessLine
A graded exit is neither a workable solution for the economy nor for tackling the pandemic We are now approaching the end of the extended
No immediate recovery in sight for trucking industry hammered by lockdown – The Hindu BusinessLine
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
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
aniltikotekar4sme.com 