Except for essentials in the consumer goods, most sectors would be impacted one way or the other Aviation: The ensuing cash flow disruption could possibly
Category: Economy
World coronavirus dispatch: US unemployment rises, job cuts at airlines | Business Standard News
US President Donald Trump has said he is looking “very strongly” at banning domestic air travel to curb the spread of coronavirus The coronavirus situation
e-way bill: GST ease amid Covid 19: E-way bill validity extended, 10% ITC deferred – The Economic Times
By Gulveen Aulakh The government extended the validity of e-way bills till April 30, that were set to expire between March 20 and April 15,
Flipkart CEO reassures staff, says will honour all job offers – The Economic Times
Walmart-owned ecommerce marketplace Flipkart has assured its employees that there would be no pay cuts and that all job offers, including internships, will be honoured.
View: Whichever way one counts it, bearing the economic cost will be a challenge – The Economic Times
By Abheek Barua What is the economic cost of Covid-19? While the question seems simple enough, it is difficult to find a straight answer. If
Coronavirus would reset distances, labour market: Experts – The Economic Times
By Dinesh Narayanan COVID-19 CASES WorldIndia The sudden displacement of migrant labour would have far-reaching impact on the Indian economy and states should be prepared
labourers: Supreme Court issues notice on unorganised labour payments – The Economic Times
By Samanwaya Rautray New Delhi:The Supreme Court on Friday overruled the Centre’s objections to taking up a public interest litigation on the plight of unorganised
New CBIC circular: Import, export of goods without furnishing bonds to Customs authorities allowed – The Financial Express
The CBIC said it has approved relaxation of the requirement to submit bonds. CBIC Circular: The Central Board of Indirect Taxes and Customs (CBIC) on
Dire irresponsibility of responsible ones–Economic Times
Friday morning’s video message by the prime minister is a reminder that each one of us, individually and collectively, has the responsibility to act in
INR1.7 lakh crore may be small change. India needs a big-bang stimulus to skirt recession. – ET Prime
The world is confronted with a crisis similar to the ‘Great Depression’ in 1929. It calls for a tilt towards expansionary fiscal and monetary policies.
Measures that can boost MSMEs during Covid-19 lockdown – The Economic Times
By Sampad Swain Businesses have been taking a hit due to Covid-19 lockdown. The supply chain has been disrupted, imports are down, and markets are
Welcome Reduction in Administered Rates–Economic Times
It is welcome that the Centre has reduced interest rates on small savings quite sharply, between 0.7% and 1.4%, for various instruments. It would lead
Power companies’ troubles may mount in coming months; demand from commercial, industries collapses – The Financial Express
The current situation indicates the near-term outlook of the power sector is grim as half of the country’s electricity demand is from the commercial and
Covid-19 impact: Air India suspends contract of around 200 employees | Business Standard News
Air India on Thursday temporarily suspended the contracts of around 200 employees including pilots, who were re-employed after retirement, as all domestic and international commercial
Centre may go for staggered exit from lockdown – The Hindu BusinessLine
Modi seeks formulation of common exit strategy in meeting with Chief Ministers Prime Minister Narendra Modi, in a meeting held with Chief Ministers via video-conferencing
Covid-19 impact: Global economy could shrink by almost 1 per cent in 2020, say UN – The Hindu BusinessLine
With nearly 100 countries closing national borders during the past month, tourism flows have come to a screeching halt The global economy could shrink by
An unkind cut for India’s savers – The Hindu BusinessLine
It’s inexplicable why the Centre withheld small savings rate cuts for long, only to slash them now After making barely any changes to its interest
Banks may ask RBI for breather on lump sum repayment of deferred interest – The Hindu BusinessLine
Banks may move the Reserve Bank of India (RBI) to allow businesses and individuals availing working capital facilities more time to repay the interest in
We will only be as healthy as our supply chains–Time of India
Perhaps this is most urgently being felt by those at the frontline of the war against Covid-19, where disruptions in the global and domestic supply
Uncritical endorsement: The Hindu Editorial on exodus of migrant workers and the Supreme Court – The Hindu
Supreme Court must ask more probing questions on the way the government is handling the pandemic. There are two aspects to the Supreme Court’s limited
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