Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set for its first contraction in
Category: MSME-Startup
Dear Prime Minister, for God’s sake, please don’t let this crisis go to waste – The Economic Times
At the end of the day, this is not where the world wanted to be in 2020. Away from the public health issue, from an
As a Covid-fighting nation, India shown its capabilities to become a serious global player – The Economic Times
India has the capability to rise above and become a beacon of hope for the rest of the world. We’re also recognised as a country
It’s time for some hard decisions – The Hindu BusinessLine
A graded exit is neither a workable solution for the economy nor for tackling the pandemic We are now approaching the end of the extended
No immediate recovery in sight for trucking industry hammered by lockdown – The Hindu BusinessLine
If the demand for industrial goods doesn’t make a dramatic recovery in May-June, India may see a shakeout in the truck transport sector in about
In post-Covid-19 times, renewable energy to face stiff competition from fossil fuels – The Hindu BusinessLine
Conventional energy-rich economies are even relaxing environmental restrictions The lessons learnt by countries using significant amounts of renewable energy (RE) are important for India, which
‘Make bold decisions’: P Chidambaram urges Centre to announce wage protection package – The Hindu BusinessLine
If businesses do not see hope, they will decide to close Former Finance Minister and senior Congress leader P Chidambaram said that in the absence
India’s exports can bounce back on graded lockdown exit, phased resumption of manufacturing activities, says EEPC Chairman – The Hindu BusinessLine
Indian engineering exports can “witness a bounce-back” if a “graded-exit” to the lockdown and a phase-wise resumption of manufacturing activities take place. Quicker resumption of
Not many opting for loan moratorium, say banks – The Hindu BusinessLine
328 companies have opted for facility, says ICRA; SME segment keen to avail benefits Though the Reserve Bank of India has allowed companies to opt
Nearly half of world’s workforce risks losing livelihoods in pandemic: ILO | Business Standard News
Prolonged lockdowns and closures expected to lead to an ‘even’ worse fall in total working hours, says UN agency. Some 1.6 billion workers in the
Covid-19 fallout: Hotel industry revenue likely to slip by Rs 90,000 cr | Business Standard News
Given the evolving scenario, the consultants said they have revised earlier estimates of the overall revenue loss that the industry would face in 2020 During
Life after Covid-19: How the Indian automotive sector can be future-ready | Business Standard News
A three-pronged approach can help the sector navigate turbulence related to Covid-19 Due to Covid-19, automotive demand will be significantly impacted in FY21 The Indian
Covid-19 and women@work | Business Standard Column
Poor access to economic opportunity is reflected potently in India’s famously poor female labour force participation rates As expected, the national lockdown has added significantly to the
IT ministry approaches MHA on phased opening of electronics repair and sale shops – The Financial Express
Industry again urged the government to include mobiles, laptops and accessories in the essential list and allow phased opening of repair and sale shops, beginning
MSMEs: ‘Hand-to-mouth’ crisis for MSMEs fuels calls for more fiscal aid in India – The Economic Times
As the cash-flow for MSMEs dries up, and in the absence of any fiscal support, many will be forced to cut jobs to curb costs.
1.6 billion informal workers in danger of losing their jobs: International Labour Organization – The Economic Times
Total working hours in the second quarter are expected to be 10.5% lower, equivalent to 305 million full-time jobs, than the last pre-crisis quarter, the
India maps out post-Covid export plan to take on China – The Economic Times
Medical textiles, electronics, plastics are some sectors whose exports can be promoted in coming months. India will look at areas where it has capability but
Announce the stimulus, now – analysis – Hindustan Times
It must be geared towards all businesses, not just one segment. There are indications that the government is working on a stimulus. Besides the fact
7 crore traders exhort FM Sitharaman for Covid relief package; says domestic trade may collapse – The Financial Express
Ease of Doing Business for MSMEs: Traders’ body CAIT had recently announced a tie-up with the DPIIT to launch an e-commerce portal to facilitate the
It’s unfair to expect private businesses to foot the social security bill for lockdown – The Hindu BusinessLine
It is high time the Central and State governments stopped passing the buck and announced a concrete package for workers and businesses debilitated by the
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