Fitch said the slump in FY21 growth was mainly due to a projected fall in consumer spending to just 0.3 per cent in FY21 from
Category: Economy
Post lockdown, India’s economy should not lapse into ‘permit raj’ | The Indian Express
At this crossroads, missteps can change nation’s trajectory for decades to come. We cannot have the poor, the labourers and the migrants bear the brunt
Maruti not to resume production despite permission from the authorities – The Hindu
Earlier, the Haryana government issued a permission certificate to the company saying the “authorised strength” of the company during the lockdown period would be 4,696
Exploiting a pandemic: The Hindu editorial on Trump’s immigration policy – The Hindu
Trump’s immigration policy is more campaign point than response to impact of the virus United States President Donald Trump has announced that he would be using an
Non-essentials can wait: The Hindu Editorial on e-commerce flip-flop – The Hindu
While the flip-flop on e-commerce seems arbitrary, caution is best during a pandemic The Centre’s last-minute reversal of its decision to allow e-commerce companies to resume deliveries
View: Only time will tell if Jio-Facebook deal is beneficial for India – The Economic Times
This deal gets Jio easier access to hundreds of millions of users across WhatsApp, Facebook and Instagram. Facebook and Jio together also have access to
Covid shadow hangs heavy over insolvency proceedings – The Hindu BusinessLine
Besides denting valuation of assets, lockdown seen delaying resolution The hiatus in insolvency proceedings could have an adverse impact on the valuations of already stressed
A case against suspending IBC amidst Covid-19 crisis – The Hindu BusinessLine
A blanket ban on recourse through the IBC process will hurt genuinely affected lenders from recovering the debt owed to them. The IBC process must,
Business needs a ‘circuit breaker’ amidst Covid-19 crisis – The Hindu BusinessLine
Smaller enterprises must be given the right to claim force majeure against meeting of contractual obligations for some time, to save them from collapse due
RBI relief for banks: More time given on review period, resolution of stressed assets – The Hindu BusinessLine
The Reserve Bank of India (RBI) has given a temporary breather to lenders on the Review Period as well as timeline for resolution of stressed
Covid-19: Lockdown period not to be counted for liquidation process related tasks timelines – The Hindu BusinessLine
An `information utility’ is an information network that stores financial data like borrowings, default and security interests among others of firms. – istock.com/designer491 An `information
Law playing catch-up with a virus – The Hindu BusinessLine
The Competition Act, 2002, has in-built safeguards to protect businesses from sanctions for certain coordinated conduct, provided such arrangements result in increasing efficiencies – Getty
The RBI should do more to boost bank lending – The Hindu BusinessLine
Additional measures such as easing of prudential standards are needed for banks to expand credit during crisis times like Covid Building upon the measures announced
Financial reporting, auditing during coronavirus days bring along its own set of challenges – The Hindu BusinessLine
Normally, March and April are busy months for businesses and auditors. But the lockdown following the cornavirus has brought along with it a set of
8 of 10 companies will pay full wages for lockdown period, says survey – The Hindu BusinessLine
2.4% of firms surveyed will cut jobs while 10.6% will cut salaries Although the pandemic has dealt a severe blow to businesses, eight out of
Focus on survival and stability this year, look for growth in the next: Srei Infra chief – The Hindu BusinessLine
Businesses across sectors should focus on “survival and stability” during the course of the current financial year. Once they are able to survive and stabilise
Helicopter money must be the last resort – The Hindu BusinessLine
The Centre can still consider a plethora of conventional means to make its stimulus effective and ramp up an ailing economy As the world grapples
Two SpiceJet lessors in talks to reclaim planes over missed payments – The Hindu BusinessLine
Two lessors to Indian carrier SpiceJet Ltd are in talks to terminate contracts and repossess planes via mutually agreed deals with the airline over missed
3 critical lessons small businesses must learn from Covid-19 to grow in post-pandemic world – The Financial Express
Ease of Doing Business for MSMEs: The small business owners must build trauma management capabilities to be able to respond to a crisis with their
Bidders jittery over coronavirus impact on bankrupt firms, seek legal help | Business Standard News
Seek legal advice, want force majeure clause included in new contracts Bidders said falling economic growth, a weak rupee coupled with lower customer demand will
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