The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
Category: Economy
Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore | Business Standard News
Public sector banks (PSBs) on Thursday flagged concerns to the Union government over loans worth over Rs 50,000 crore turning into non-performing assets (NPAs) for March, as
If States say yes, e-commerce players can sell all goods – The Hindu BusinessLine
From next week, e-commerce companies are free to deliver all goods, including those not marked essential, provided they get the necessary permits from State government
Workers face income loss of Rs 4.05 lakh crore due to lockdown, SBI report – The Hindu BusinessLine
State Bank of India’s economic research department has cut its GDP growth estimates for FY21 from 2.6 per cent to 1.1 per cent, with the
Start-ups standing tall during tough times for job seekers – The Hindu BusinessLine
Just about a month back, 33-year-old IT professional Siddhi Arora decided to restart her career after a one-and-half year maternity break. But, the global pandemic
Italy sees 2020 budget deficit near 10% of GDP: Source | Deccan Herald
Italy’s budget deficit will be near 10% of gross domestic product this year, a senior government official told Reuters, as Rome increases borrowing to try
Coronavirus: A wildly exaggerated threat | Deccan Herald
India has adopted one of the world’s most draconian responses to fight the spread of COVID-19. The University of Oxford’s ‘Coronavirus Government Response Tracker’ gave
Banks to seek extension of moratorium on loan repayments beyond June | Business Standard News
The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
RBI wants banks to take call on package, moratorium extension for NBFCs | Business Standard News
However, banks have argued that the regulatory forbearance was extended for working capital, and for retail customers The Reserve Bank of India (RBI) is unlikely to take
Amid dire economic forecasts, an urgent govt response is awaited | Business Standard Editorials
Ahead of the spring meetings — or, this year, video conferences — of the Bretton Woods institutions, both the World Bank and the International Monetary Fund (IMF) have released
Hotels, restaurants support lockdown extension but expect whopping 70% job loss without govt relief – The Financial Express
Ease of Doing Business for MSMEs: The national body for hotels and restaurants associations – The Federation of Hotel & Restaurant Associations of India (FHRAI) said
Coronavirus outbreak: Rs 1,000 crore of Gujarat’s cotton yarn exporters stuck – The Financial Express
Nearly Rs 1,000 crore of Gujarat’s cotton yarn exporters have been stuck due to closure of domestic and international courier services in wake of the
One-time loan restructuring, fire sale of inventory: Deepak Parekh’s prescription for real estate – The Financial Express
He asked for a one-time restructuring of stressed developer accounts as that would offer a better way to renegotiate timelines of repayment than the legal
Lockdown extension is no surprise, but lack of economic roadmap is – The Hindu BusinessLine
In his Tuesday speech, the Prime Minister strove to drive home the point that the 21-day lockdown had slowed the march of coronavirus (which indeed,
Lockdown extended: But where are the big bang fiscal stimulus measures? – The Hindu BusinessLine
In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative
NBFCs: More than 4/5th of NBFCs sufficiently liquid, hints RBI monitoring mechanism – The Economic Times
Mumbai: The Reserve Bank of India’s (RBI) monitoring mechanism suggests that more than four-fifths of the non-bank lenders by assets are sufficiently liquid to withstand
India lockdown | Coronavirus lockdown: Banks stare at defaults as cabbies go home–Economic Times
Mumbai | Bengaluru: The exodus of cab drivers from Indian metropolises in the wake of the Covid-19 pandemic will trigger a massive default in vehicle loans, according
PM should involve CII, FICCI, small industry and farmers representatives in Corona task force–Economic Times
The war against the corona pandemic has to be fought on two fronts. The first is the containment, control and elimination of the pandemic. The
Indian IT to face near-term disruption, but will revive soon: Pravin Rao, Nasscom Chairman – The Economic Times
Infosys’ chief operating officer Pravin Rao has taken over as chairman of the National Association of Software and Services Companies (Nasscom), the IT industry lobby group, at a time
Agriculture growth won’t take big hit: Narendra Singh Tomar – The Economic Times
As the rabi (winter) harvest commences in parts of the country, the governments in the states and at the centre need to perform a deft balancing act
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