CII writes to PM Modi, seeks fiscal stimulus package of Rs 2 trillion Suggests setting aside 1% of GDP for cash transfer scheme for poor
Category: Economy
The Covid economic task force must get cracking – The Hindu BusinessLine
The task force must draw upon experts across disciplines to help India ride out this unprecedented and extraordinary crisis. The economic task force to deal
Banks to provide relief to borrowers whose operations are impacted by Covid-19 outbreak – The Hindu BusinessLine
The bank will give 10 per cent of a borrower’s existing Fund Based Working Capital Limits as loan Banks are likely to follow State Bank
’Janta Curfew’ just the beginning of a long battle against coronavirus: PM Modi – The Hindu BusinessLine
Prime Minister Narendra Modi said the 14-hour-long ‘Janta Curfew’ on Sunday was just the beginning of a long battle against coronavirus outbreak, as he lauded
With China shut, govt exploring alternative sources of supply – The Hindu BusinessLine
MoS Som Prakash took note of problems raised by various sectors; strategy to be prepared to deal with problem The Commerce Ministry organised a meeting
Where will Modi govt find money to fight coronavirus? $563 mn fund hopelessly small–Business Today
India–already in war mode on containment and lockdowns–has so far made hopelessly feeble attempts at tackling the crisis economically. At a time when the world
Loan holiday, interest rate reduction essential to tide over coronavirus crisis–Business Today
A fiscal package is warranted to support the job losses due to halting economy and sector specific revival plans. While heavy lifting is required at
Time for RBI to buy corporate bonds
Time for RBI to buy corporate bonds The Reserve Bank of India (RBI) has been vigorously conducting open market operations (OMO) and purchasing government bonds
Bravo India: Indians displayed grit in heeding the curfew call but governments now need to up their game
Prime Minister Narendra Modi’s ‘janata curfew’ call was met with a positive response yesterday. Across urban India, roads were largely deserted as people stayed indoors.
Covid-19 crisis: Leaders, both in govt and Oppn have fallen short in India | Business Standard Column
Coronavirus represents the most profound crisis facing India and the response from our leadership has not inspired confidence Last Updated at March 23, 2020 08:00
Containing volatility | Business Standard Editorials
Sebi’s action pragmatic, but will not change market reality Last Updated at March 23, 2020 02:04 IST The Securities and Exchange Board of India (Sebi)
Disinfect the economy | Business Standard Editorials
Large policy interventions required in the near term Last Updated at March 23, 2020 01:58 IST The world is still coming to terms with the
Virus concerns overblown, market overreacting: Keki Mistry – The Economic Times
There is a belief in the market that this time, delinquency will start in the home loan market. There would be problems in paying EMIs.
Coronavirus impact on economy: FM Nirmala Sitharaman holds meet to firm up response – The Financial Express
The Centre may also impress upon the RBI to consider extending beyond December 2020 a loan restructuring scheme for MSMEs, if the crisis lingers on
MSMEs on verge of collapse due to non-payment of dues by govt, privatet bodies: Nitin Gadkari in Rajya Sabha – The Financial Express
MSME Minister Nitin Gadkari on Thursday expressed serious concern over non-payment of nearly Rs six lakh crore dues to micro and small industries by government
Government bid to ease MSME pain, 50% wage relief for workers – Times of India
NEW DELHI: The government’s immediate focus is now centred on providing relief to sectors hit hard by the Covid-19 outbreak, with suggestions for a 3%
Covid-19 hurts H-1Bs – The Hindu BusinessLine
Temporary employees, fall guys in a recession As the world slowly shuts down, students and H-1Bs bound for, or already in, the US are likely
HDFC sees lower credit card spend – The Hindu
Card metrics for March show slump, says UBS report Private sector lender HDFC Bank, the largest issuer of credit cards in the country, is witnessing
coronavirus: We all need small businesses. Don’t let them die – The Economic Times
By Sendhil Mullainathan By the time the coronavirus crisis is over, we might emerge from our homes only to find some of our favorite shops,
coronavirus: We all need small businesses. Don’t let them die – The Economic Times
By Sendhil Mullainathan By the time the coronavirus crisis is over, we might emerge from our homes only to find some of our favorite shops,
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