A one-year blanket suspension of new cases under the Insolvency Code has surprised bankers. MUMBAI: A one-year blanket suspension of new cases under the Insolvency
Category: MSME-Startup
India startups | Covid-19 impact: India’s startups story hanging by a thread
The worst hit segments are early and mid-stage businesses, especially in B2C space. The Nasscom survey says around 60% of all B2C companies are facing
Input tax credit is permissible on detachable sliding, stackable glass partitions, rules AAAR – The Hindu BusinessLine
As offices get ready to reshape workstations and the entire workplace, a ruling by the Appellate Authority for Advance Ruling (AAAR) may come in handy.
Blanket one-year ban on fresh insolvency under IBC: A boon for corporates, but huge burden for banks – The Hindu BusinessLine
Unless the RBI offers dispensation on recognition of defaults or one-time restructuring, banks could face immense pressure going ahead In a bid to offer respite
New-look inter-creditor agreement on the cards as IBC process suspended | Business Standard News
The Indian Banks’ Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight Under the current arrangement when
‘Talk to experts to make self-reliant slogan work’ | Business Standard Column
For manufactured products, the stated policy since the 1950s was to allow imports of only the goods that were not being made in India in
Unemployment rate remains at 24%, but hard times ahead for labour | Business Standard Column
The small relaxations in the lockdown since April 20 have not had any positive impact on the unemployment rate, yet The unemployment rate remained stable
The impact of the Covid epidemic | Business Standard Column
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
The stimulus that wasn’t | Business Standard Column
The bulk of Ms Sitharaman’s proposals addressed supply problems, with only occasional and cursory references to demand, mostly as an afterthought Finance Minister Nirmala Sitharaman strove hard
Road To Revival! Liquidity boost to create jobs, pep up demand: Nitin Gadkari – The Financial Express
Gadkari on Monday said the recent steps announced by the government to boost liquidity and credit flows would also bolster “the purchasing power of the
MSMEs in need of immediate succour–Economic Times
While the provision of credit might suffice to help larger industry tide over the grim period of zero revenue during the lockdown, micro, small and
MSMEs still wary of fresh loans – The Economic Times
Micro, small and medium enterprises (MSMEs) expected a direct relief from the government in terms of waiving of electricity bills, payment of salaries, among others
Transporters demand relief package;warn supply of goods, essentials will be hit – The Economic Times
The coronavirus turmoil and the nationwide lockdown have taken the road transport ecosystem to dreadful levels, AIMTC said pointing out that about 30 per cent
Lenders see a payment recover as economy restarts – The Economic Times
Summary Small entrepenuers who had earlier opted for a moratorium on repayments are now paying a portion of their dues as the cash flow begins to
India Covid economic package: Cash-strapped India’s economic plan unlikely to soften coronavirus blow – The Economic Times
A breakdown of the plan shows that the actual spending of the government is only about a tenth of the package. A breakdown of the
IMF chief Kristalina Georgieva warns full global economic recovery unlikely in 2021 – The Economic Times
IMF Managing Director Kristalina Georgieva said data from around the world was worse than expected. Georgieva warned against retreating into protectionism as a result of
Where the relief and stimulus package falls short – editorials – Hindustan Times
It will not help individuals and businesses deal with the crisis Hindustan Times The need of the hour was money in hand, or simply, cash.
The economic package unpacked | Opinion – analysis – Hindustan Times
Additional government spending is negligible. Demand will remain low. The crisis will persist Pulapre Balakrishnan Union minister of finance Nirmala Sitharaman in New Delhi, May,
Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein | Business Standard News
The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing. Finance Minister Nirmala Sitharaman announcing
Govt withdraws order on compulsory wage payment by firms during lockdown | Business Standard News
Trade unions slam decision, employers welcome it, saying it was absolutely necessary especially in absence of grants from govt to industry for wage payment Over