The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic about the prospects for
Category: Economy
Swaraj Tractors offers facility of standby tractor to help farmers amid COVID-19 | Deccan Herald
The Union government on Friday exempted the operations of the fishing or marine aquaculture industry, including harvesting, sale and marketing activities, from the purview of
Tea industry stares at 10-25 per cent crop loss due to lockdown – The Hindu BusinessLine
A lockdown because of Covid-19 and closure of tea estates during majority of the plucking season could lead to a crop loss between 10 and
Covid-19 impact to be felt beyond six months: EY survey – The Hindu BusinessLine
A homeless older man holds food packets and walks back to his living place after collecting from a free food distribution centre in between nationwide
Flower trade wilts under lockdown across the country – The Hindu BusinessLine
Floriculturists and traders suffer heavy losses as there is no return on investment Mitesh Patel, a grower of flowers at Badarkha, a village near Ahmedabad,
How to gradually ‘unlock India’ after April 14 – The Hindu BusinessLine
Calibrated opening up of transport services, retaining Section 144, allowing restricted office attendance, are possible options The coronavirus has put the entire world in the
Partial lifting of lockdown will help, says MG Motor India chief – The Hindu BusinessLine
Chaba, however, reiterates that the decision to impose the present lockdown was important to break the chain and flatten the Covid-19 curve. Yet, he adds,
Nasscom urges Centre to reimburse “paid leave” given to staff during lockdown – The Hindu BusinessLine
IT and ITeS industry body Nasscom has urged the Centre to reimburse the payroll cost of employees who were on “paid leave” on account of
‘Lockdown killing petrol-pump dealers’ – The Hindu BusinessLine
The Covid-19 lockdown is killing petrol-pump dealers financially, the All India Petroleum Dealers Association has said. In a letter to oil marketing companies, the association
ADB pledges $2.2 bn to bolster India’s health infrastructure, MSMEs | Business Standard News
The Asian Development Bank (ADB) will provide India $2.2 billion (around Rs 16,000 crore) to help the country ramp up health infrastructure and bolster micro, small and
Cash cow to Achilles’ heel: The transformation of consumer lending business | Business Standard News
Rising income levels of consumers and their aspirational needs was the premise for lenders to ramp up this business Stress in the consumer lending business,
Between extending lockdown and lifting it, India must walk the middle path | Business Standard Column
It’s unlikely that Jair Bolsonaro knew how well-timed his letter to Narendra Modi was when he used the Ramayana legend of Lord Hanuman bringing the Sanjivani Booti to save
India’s greatest test since partition | Business Standard Column
In the aftermath of the lockdown, entrepreneurs will need liquidity and loan forgiveness. The millions now sliding into poverty will need direct transfers of money
Coronavirus has dealt a ‘huge blow’ to MSME sector: Nitin Gadkari – The Financial Express
Nitin Gadakri also urged the officials to go all out for the assistance for MSMEs by revising and upscaling the schemes after proper third party
Corona blues: April GST could fall by 40% – The Financial Express
With the lockdown hitting business activity, GST revenues for April could be down by 30-40% of the annual monthly collections of around Rs 1 lakh
Minimise Covid-19 Collateral Damage–Economic Times
Covid-19 is the top, often overwhelming, priority of the healthcare system. It has resulted, in some cases with tragic outcomes, a neglect of non-Covid-19 patients.
Loan securitisation deprives 1 cr retail customers of moratorium benefit: Report – The Economic Times
The former RBI boss says what the country faces today is an economic emergency. The state and Centre have to come together to figure out
Banking system: Covid-19 fallout: Rate transmission a far cry despite liquidity overhang – The Economic Times
Mumbai: Surplus cash in the banking system has surged to as much as Rs 4.74 lakh crore, surpassing liquidity levels seen four years ago during the demonetisation period. But, the
IMF MD ropes in Raghuram Rajan, 11 others to key external advisory group – The Economic Times
WASHINGTON: IMF MD Kristalina Georgieva on Friday named former RBI governor Raghuram Rajan and 11 others to her external advisory group to provide perspectives from around the globe on key developments
Experts favour a gradual opening up of the economy – The Economic Times
NEW DELHI: India went for a lockdown at a very early stage so mortality from Covid-19 in the country should come down by at least 50%, though
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