Mumbai: Analysts welcomed the Reserve Bank of India’s (RBI) move to support the markets and businesses, and especially applauded TLTRO 2.0 — the second round of targeted
Category: Economy
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
Fresh exemptions for lockdown period, construction allowed in rural areas – The Economic Times
The lockdown was first announced by Prime Minister Narendra Modi on March 24 in a bid to combat the Coronavirus endemic. New Delhi: The government
Income Tax Department: Direct Tax department sets target of Rs 13.19 lakh crore for FY21 – The Economic Times
Direct tax collections for FY20 missed the revised estimate of Rs 11.7 lakh crore by Rs 1.42 lakh crore, and even fell 8% short of
Demand for contract workers may increase as companies prepare to ramp up production – The Economic Times
MUMBAI: The demand for contract workers may see an upsurge in the coming months as companies prepare to ramp up production to make up for lost time.
RBI announcement updates: RBI allows banks to maintain lower liquidity ratio – The Economic Times
The LCR requirement will gradually be restored back in two phases – 90 per cent by October 1, 2020 and 100 per cent by April
RBI Governor expects a V-shaped recovery for India in 2021-22 – The Economic Times
The governor said that in the period ahead, inflation could recede even further, barring supply disruption shocks and may even settle well below the target
Ban on dividend payout will help conserve capital, no adverse effect seen – The Economic Times
Mumbai: India’s banks have been barred from paying dividends for the fiscal year ended March 2020 so that they conserve capital in view of the economic shock
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
RBI: View: Will RBI special window help NBFCs? Not really! – The Economic Times
The central bank may have put in safeguards late Wednesday to ensure that funds raised by banks through a special window aren’t cornered by the
Liquidity boost: Government considers tax refunds to large firms – The Economic Times
The Central Board of Direct Taxes has issued refunds worth Rs 4,250 crore. The government is likely to provide income tax and GST refunds to large companies,
China economy: China suffers worst economic drop since ’70s in virus battle – The Economic Times
BEIJING: China suffered its worst economic contraction since since at least the 1970s in the first quarter as it fought the coronavirus, and weak consumer spending and factory activity suggest
covid-19 lockdown: Slowly, India Inc begins to fire up its engines – The Economic Times
At least eight publicly listed companies have taken steps to restart operations with a limited workforce after obtaining permission from the authorities, show data compiled
coronavirus impact on auto: Covid-19 lockdown woes: Auto companies wheel in wage cuts to keep motors running – The Economic Times
Mumbai: Auto companies are set to cut salaries as they seek to reduce costs with the Covid-19 lockdown having worsened already bleak prospects, said people with knowledge of the
RBI announcements today: RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points, Rs 50,000 crore TLTRO 2.0 for NBFCs – The Economic Times
The RBI today announced a second tranche of liquidity boost for the economy wth a 25 basis point reverse repo cut taking it to 3.75 per cent from 4
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
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Covid-19: Big relief for MSMEs in IT/ITeS as govt waives off rent for units based in tech parks – The Financial Express
Technology for MSMEs: The government has decided to provide relief to IT/ITeS MSMEs and startups based in Software Technology Parks of India (STPI) amid Covid-19 crisis
Covid-19 has given Modi an opportunity to wield the power of his popularity | Business Standard Column
India has some advantages in going into this challenge the world is faced with and will continue to face for the rest of 2020. The
Lenders want more time to finalise working capital needs of large firms | Business Standard News
If a fresh assessment of working capital requirement is to be done in view of the Covid crisis, that will have to be by the
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