In times like never before, the Reserve Bank of India’s Monetary Policy Committee (MPC) has acted like never before. This is seen in two aspects
Category: Economy
RBI Announcement: RBI announces more measures to deal with Covid-19 pandemic | India Business News – Times of India
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday announced more measures to counter the economic fallout of the fast-spreading coronavirus pandemic. In a
Covid-19 exposes Indian industry’s supply chain vulnerabilities – The Hindu BusinessLine
Domestic firms must develop its own local sourcing units and adopt alternative strategies for reducing dependency on China The novel coronavirus or Covid-19 is what
Protecting power | Business Standard Editorials
Part and parcel of the nationwide lockdown announced to combat the spread of Covid-19 is that most industrial units are either shut or operating at
Economic dislocation | Business Standard Editorials
Fiscal 2020-21, which starts today, is likely to be one of the most difficult years in recent decades. Along with the rest of the world,
5 steps government should take to save MSMEs amid economic slowdown due to Coronavirus – The Financial Express
By Rajat Prakash Ease of doing business for MSMEs: The Covid-19 pandemic has caused an economic slowdown on a global scale as the markets and
MSMEs hail RBI’s time extension for receiving payments on exports from Covid-19 hit countries – The Financial Express
Trade, Imports, Exports for MSMEs: MSMEs, which contributed nearly half of India’s exports in FY19, has welcomed the Reserve Bank of India’s (RBI) move on Wednesday to extend the
2.43 lakh apprentices to get stipend during lockdown period, assures MSDE – The Economic Times
The ministry, on Tuesday, notified all the establishments under designated and optional trade to pay full stipend to apprentices engaged with them. Ministry of skill
Fiscally empower state governments–Economic Times
Fiscally empower state governments The Tamil Nadu government has sought a special grant of at least Rs 1 lakh crore for all state governments combined,
India GDP: India’s fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch Solutions – The Economic Times
NEW DELHI: India’s fiscal deficit in 2020-21 may shoot up to 6.2 per cent of the GDP from 3.5 per cent government estimate as a
Ashok Leyland March auto sales down 90% at 2,179 units – The Economic Times
Hinduja group flagship firm Ashok LeylandNSE -4.88 % on Wednesday reported 90 per cent decline in total vehicles sales at 2,179 units in March. The
Lockdown impact: Lockdown keeps outbreak manageable, but there will be hardship ahead–Economic Times
By Arvind Panagariya On March 24 last week, Prime Minister Narendra Modi ordered a complete lockdown of the nation. He did not have a choice.
FPI on Dalal Street: Fearful FPIs march out of Indian markets, pull out a record $15.9 billion – The Economic Times
Mumbai: With global trading desks in a ‘sell-everything’ mood, foreign portfolio investors (FPIs) pulled a record $15.9 billion (Rs 1.2 lakh crore) out of the
india lockdown: India’s budget under strain on day one of new fiscal year – The Economic Times
By Vrishti Beniwal India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the
Crude oil prices are raining gold. Can India put out the bucket? Three factors hold the key. – ET Prime
Pump jacks draw crude oil from the Long Beach Oil Field under Discovery Well Park in Signal Hill, California, on March 9, 2020. Global stocks
Lockdown: MSMEs seek relief from electricity supply company – The Hindu BusinessLine
The Mangaluru council of the Confederation of Indian Industry (CII) has sought relief for micro, small and medium enterprises (MSMEs) from the Mangalore Electricity Supply
Now what? | Business Standard Column
Given the total shutdown across the world, with most major economies imposing some form of lockdown, the obvious question on the minds of investors is,
Universalise benefits | Business Standard Editorials
Everyone must have access to basic facilities Last Updated at March 30, 2020 23:13 IST The sight of a large number of people, many of
Unemployment rate during lockdown: Just like measuring water in ocean | Business Standard Column
Measuring the unemployment rate during a countrywide lockdown is like measuring water in the ocean. Water, water every where/nor any drop to drink. That was
Covid-19 pandemic: Labour-driven export sectors run for cover – The Economic Times
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the