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
Category: Economy
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
We mustn’t have to choose between lives & livelihood, says Niti Aayog VC – The Economic Times
New Delhi: India should improve its disaster management preparation and ensure the availability of resources so that the country doesn’t have to choose between “lives and
job loss: 15 million export jobs may succumb to Covid blows – The Economic Times
New Delhi: More than 15 million jobs could be lost in India’s export sector due to half of all orders getting cancelled and units unable to
IndiGo CEO Ronojoy Dutta shares post-lockdown plan – The Economic Times
Budget carrier IndiGoNSE 5.23 % came out with a post-lockdown plan today once the ban on passenger flights is lifted. IndiGo’s CEO Ronojoy Dutta said that the airline will deep clean
View: Coronavirus could be India’s black swan event – The Economic Times
By Shailesh Haribhakti The PM has demonstrated world recognised leadership by announcing a comprehensive 21 day lockdown and three packages to enable citizens and businesses to cope.
e-commerce: For e-commerce firms, April may be the cruellest month – The Economic Times
Bengaluru: E-commerce firms in India, including leaders Amazon and Flipkart, will take a major hit if sales of non-essential items continue to be restricted and the lockdown is prolonged, industry executives and
lockdown: Picture abhi bahut costly hai, mere dost! Woes of entertainment industry worsen with lockdown – The Economic Times
Mumbai: Coronavirus is inflicting a loss of nearly Rs 400 crore every week on Bollywood, and the world’s most prolific film-making industry may find the way to recovery
covid-19 lockdown: Covid-19 pandemic: Focus on relaxing lockdown for harvesting in rural India – The Economic Times
New Delhi: Prime Minister Narendra Modi is expected to discuss proposals to extend the Covid-19 lockdown to the end of the month in urban centres while easing it selectively for
Transport ministry meets truckers to resolve issues – The Economic Times
New Delhi: The transport ministry held a review meeting with trucker associations in the country on Friday to take stock of problems faced in moving goods across
Hotel industry stares at 2001 like difficult times – The Economic Times
As in the immediate aftermath of 9/11, India’s luxury hotel lobbies now resemble the desolate, dreary and decrepit main piazza of the Italian town of
View: India needs a set of fiscal measures, and granular back-to-work protocols, to save both lives and livelihoods – The Economic Times
By Anu Madgavkar & Rajat Gupta The Covid-19 pandemic is the greatest health and humanitarian challenge the world has faced since World War 2. In response, India
Lifting virus lockdowns too quickly could spark ‘deadly resurgence’: WHO – The Economic Times
GENEVA/ZURICH: The World Health Organization (WHO) warned countries on Friday to be cautious about lifting restrictions introduced to curb the spread of the new coronavirus and voiced
While the world spends on coronavirus bailouts, China holds back – The Economic Times
By Keith Bradsher BEIJING: The world is opening its wallet to fight the effects of the coronavirus outbreak. The United States unveiled a $2 trillion rescue package.
Covid-19 outbreak could plunge half million people into poverty, losses deeper than 2008 crisis: Oxfam – World News–India Today
HIGHLIGHTS The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around
Higher spend, slump in revenues start straining finances of states | Business News,The Indian Express
In this environment of a “buyers’ strike”, state government won’t find it easy to raise funds, even if the Centre were to permit them to
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