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
Category: Economy
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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जागतिक आरोग्य संघटनेचा निधी अमेरिकेने बंद केला. ती कसर भरून काढून शिरजोर होण्याची संधी चीनलाच मिळाली. आंतरराष्ट्रीय राजकारण हे देवाणघेवाणीचे असतेच; त्यात या निर्णयाने अमेरिकेस
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
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
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
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