What was it that you were telling yourself about not having a financial plan? You didn’t have the time? You didn’t have the expertise? You
Category: Economy
Builders get conditional nod to operate ongoing projects in Mumbai, Pune | India News,The Indian Express
Developers will be allowed to undertake construction work in ongoing projects at COVID-19 hotspots of Mumbai and Pune after April 20. But to do this, they will
Exporters say RBI steps to help small units, but bigger revival package needed – The Hindu BusinessLine
Exporters said the RBI’s decision to relax bad loan classification and provide refinance facility would help the sector to some extent, especially the smaller units,
Consumers to spend less on discretionary items: Nielsen India – The Hindu BusinessLine
Urban Indian consumers are likely to cut spends on discretionary items such as restaurants, movie theatre visits, luxury brands or leisure travel in the coming
RBI slashes reverse repo to 3.75 per cent, hints at further rate cut – The Hindu BusinessLine
The Reserve Bank of India on Friday unveiled the second tranche of liquidity and regulatory measures that are aimed at defusing the Covid-19-induced crisis. Announcing
RBI’s done what it can; the onus now is on the banking system – The Hindu BusinessLine
Finally acknowledging that the Indian economy is in dire straits, the RBI has once again weighed upon the risk-averse banking system to open its purse
Covid-19: Harsh Singhania says only a stimulus package can revive economy | Business Standard News
The JK Group, which has over two dozen production facilities in tyres, cement and paper industries, is unable to restart production due to disruption in
The spreading panic of incarceration | Business Standard Column
Here’s a small anecdote from this week that sums up the rising panic at two ends of the social spectrum. A friend’s daughter, a banking
COVID-19 crisis: Govt weighing guarantee for loans to critical sectors, says CEA – The Financial Express
The Centre had budgeted gross market borrowing of Rs 7.8 lakh crore for FY21 and had recently announced its plan to borrow roughly 62.5% of
COVID-19 crisis: RBI tells banks to hold back dividends for FY20 – The Financial Express
Experts said that the proposal to temporarily defer dividend payment is positive for banks’ capital positions. With a view to encourage capital conservation at a
For Some Covid-19 Corporate Cushioning–Economic Times
The government must hold the operation of the Insolvency and Bankruptcy Code (IBC) in abeyance for at least six months, in view of the Covid-19
RBI’s Mostly Welcome Relief Measures–Economic Times
The Reserve Bank of India (RBI) should stop relying on the banks to push money where it belongs, in the hands of stressed industry. Instead
Ashok Leyland seeks govt support for MSMEs post lockdown to kickstart economy – The Economic Times
NEW DELHI: Micro, small and medium enterprises, which form the backbone of Indian industry, will need to be supported by the government to kick-start the economy after lockdown is lifted, according
Indian Banks Association may approve 90-day moratorium for all NBFCs – The Economic Times
On March 27, RBI has permitted banks and lending institutions to allow moratorium to all its customers as per the board approved policies to tide
Govt increases loss coverage for micro loan defaults to 75% from 50% earlier – The Economic Times
New Delhi: The finance ministry has increased coverage of a lender’s loss in case of loan default under the Credit Guarantee Fund for Micro Units (CGFMU) scheme
China’s GDP slump won’t bring about the stimulus Asia badly needs now – The Economic Times
As bad as China‘s economic dive is, the slump is even more perilous for the rest of Asia. The region stands to lose its growth patron. China’s
Banks that skirted India’s bad loans can’t escape lockdown – The Economic Times
Total non-performing loans in the financial system may rise by 7 percentage points if India ends its lockdown by mid-May, according to a recent study
Money, money everywhere but not a drop to those in need – The Economic Times
Mumbai: The Reserve Bank of India is throwing money from its rooftop so that banks lend. Yes, they are lending, but not to you and me, but the RBI itself. One
RBI announcements today: What RBI’s announcement today means for your loans and fixed deposit interest rates – The Economic Times
The excess liquidity in the economy is expected to exert downward pressure on the interest rates. The RBI announced a host of measures today aimed at increasing liquidity in
Can’t sack staff: Companies get lawyers’ notice – The Economic Times
NEW DELHI: In an innovation during the unprecedented lockdown, two lawyers replicated the Supreme Court’s three-decade-old PIL concept to suo motu issue legal notice to three
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