MUMBAI: The Maharashtra government on Saturday asked the private and public establishments in the state not to terminate the services of its employees even if
Category: Economy
CREDAI asks developers to pay labourers if missing work due to COVID19, stoppage of work – The Economic Times
MUMBAI: Realty developers body the Confederation of Real Estate Developers Association of India (CREDAI) has decided to pay construction workers even if they miss work
What janata can do: But don’t neglect what government must do for it–Times of India
Prime Minister Narendra Modi’s primetime address on Thursday aimed to bring the country on the same page about the Covid-19 threat. This is an urgent
Fiscal lift needed: The extraordinary scale of disruption caused by Covid-19 requires a sharp fiscal response
The economic consequences of the Covid-19 outbreak are unprecedented. Governments across the world are in uncharted waters, and we could be looking at a Great
Why protecting your money against the US Dollar is important? – The Financial Express
By Mandar Pitale The global economic slowdown triggered by the coronavirus has started hurting the global economy. The collapse in the global oil price and
Coronavirus outbreak: Engineering exporters seek relief measures – The Financial Express
Among the engineering export sectors, the most badly hit due to the spread of the virus are iron and steel, aluminium, automobile and industrial machinery,
Containing coronavirus spread comes with economic tradeoffs, says IMF blog – The Economic Times
NEW DELHI: Success in containing coronavirus infection comes at the price of slowing economic activity, a blogpost by IMF experts has stated. With the number
covid: Covid-19: Why India needs a stimulus package quickly – The Economic Times
Recently, a group of professional associations appealed to the finance ministry for an extension to the March 31 deadline for paying disputed tax, under the
MSMEs: Govt mulls late repayment of loans for MSMEs to tide over coronavirus impact – The Economic Times
New Delhi: The government is mulling measures like allowing late repayment of loans by the micro, small and medium enterprises to support the sector amid
coronavirus impact: Indian banks seek easier loan repayment, NPA classification due to Covid-19 – The Economic Times
MUMBAI: Indian bankers want the regulator to ease rules on loan recovery timelines to give borrowers the breathing space and monetary health they need to
We are in economic emergency: To fight Covid-19 impact, India must push through fiscal stimulus and Universal Basic Income–Times of India
“I’ve sent all my staff off on leave for 15 days,” a resort owner in Bharatpur told me. “I don’t know when they will be
Debt in the time of coronavirus: Once-in-a-century pandemic is hitting a world economy saddled with record levels of debt
Though the US Federal Reserve moved aggressively over the weekend to slash rates, investors around the globe were not comforted. Now the coronavirus threatens to
MSME layoffs: MSMEs prepare for layoffs, closures, if impact is felt beyond April–Economic Times
MUMBAI: Medium and small businesses are bracing themselves for extended pain, layoffs, and even closure if the Covid-19 pandemic continues beyond April as they lack
Indian economy may now take long time to revive; these external factors pose maximum risk – The Financial Express
The novel coronavirus (Covid-19) has cast a long shadow over a much-anticipated mild recovery in the Indian economy in fiscal 2021. Green shoots of economic
Centre, RBI must take adequate measures to prevent rupee volatility – The Hindu BusinessLine
While a steady rupee decline is par for the course, sudden declines can be quite disruptive to economic activity and investor confidence The rupee’s sharp
Global health crisis needs multilateral response – The Hindu BusinessLine
Monetary policy alone cannot stop a coronavirus-induced recession. A coordinated public policy focussed on health is needed Back in September, the UNCTAD’s flagship publication, the
RBI sets contingency plan in motion, identitifies property to host personnel – The Hindu
Aim is to protect financial markets The Reserve Bank of India (RBI) has put in motion a contingency plan in the wake of the spread
Egg, broiler prices slump as virus fears take heavy toll on sector – The Hindu
Ex-farm broiler price at all-time low of ₹10-15 per kg; maize, which goes into poultryfeed, also sees fortunes plummet Chicken prices have crashed from ₹90
impact of coronavirus on smes: When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting – The Economic Times
For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19
Coronavirus crisis: Give MSMEs concessional loans, grace period for filing taxes, Assocham tells government – The Financial Express
Particularly MSMEs, which are exporting goods globally, are facing the heat as their buyers are likely to cancel orders eventually. Credit and Finance for MSMEs:
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