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.
Category: Economy
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,
Establishments asked not to sack employees in view of Covid-19 – The Economic Times
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
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