The meeting, organised by the Mumbai-based IMC Chamber of Commerce and Industry, had businessmen seeing May-end as a plausible date for reopening. But there was
Category: MSME-Startup
Features – Startups – Small Biz – The Economic Times
How some startups are being inventive in the face of coronavirus pandemic Suddenly, startups that were looking for growth avenues were scrambling for ways to
OYO: Pay cuts, layoffs: Startup morale under lockdown – The Economic Times
Over the past 4 weeks, at least two dozen top companies have fired employees and contract staff. A common thread at all firms is a
India needs a new covenant for growth in a post-Covid world: Raghuram Rajan – The Economic Times
The former RBI governor said that India cannot remain under a lockdown forever. On lifting the lockdown, Rajan said that India needs a staggered exit
Loan moratorium: Lenders struggling to trace low-ticket retail borrowers – The Economic Times
Summary Unless banks can get hold of them, repayments stand automatically deferred under the new rules. Credit card outstanding balances have tripled since the global financial
Post lockdown: Big units get ready, MSMEs see roadblocks to restart – The Hindu BusinessLine
Even as Tamil Nadu government contemplates partial lifting of lockdown, big industrial units are ready with a new set of operating procedures but MSMEs see
COVID-19: Finance Commission’s advisory panel suggests support to small biz, NBFCs – The Financial Express
Lockdown impact: The council felt that the COVID-19 pandemic and the national lockdown would slow down domestic activity and impact cash flows of financial institutions
Fixed-term employment: House panel for defining job tenures, adding safeguards – The Financial Express
FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE
Don’t force industry to pay wages during COVID-19 lockdown – The Financial Express
Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival Indeed, for many, the wage bill, at a
Banks avoid NBFC lending, take 50% of RBI’s refinance – The Economic Times
Summary Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending
MSME: Hit by Covid-19 lockdown, Noida MSMEs seek Centre’s help – The Economic Times
The Noida Entrepreneurs’ Association (NEA) which has approximately 3,000 MSMEs as its members in western Uttar Pradesh’s Gautam Buddh Nagar, have sought government help so
lockdown impact on indian economy: Chris Wood says lockdown disastrous for Indian economy – The Economic Times
Wood said India has not really had a negative consumer credit cycle since the inception of his portfolio in 2002 but this is probably about
Foreign Investment Promotion Board: New FDI policy: Can India manage to stem Chinese predatory trade practices? – The Economic Times
India’s FDI decision is meant to be used as a diplomatic lever in dealing with Beijing. In the new scenario, Chinese companies may be forced
View: To lock down any further will devastate the economy, almost to a point of no return – The Economic Times
How can one mitigate this disaster? The key to it lies in getting people back to work as soon as possible, with such safety as
Govt push for mandatory bank loans needed to help small borrowers tide over COVID-19 financial emergency | Deccan Herald
A mandatory offer of credit is not outrageous in the present circumstances Representative image. (Credit: iStock Photo) On April 23, bankers effectively told the Reserve
RBI’s response to COVID-19 needs to be localised and unconventional | The Indian Express
RBI must venture into unconventional monetary policy and design alternatives to significantly ease the pressures of financing on the state governments. RBI could opt for
What matters most is health of real economy, not fiscal deficit: Rajan – The Economic Times
He warned one has to be careful about the fiscal packages, and has to make sure they do not shake currency and hike interest rates.
Coronavirus outbreak: Govt suspends insolvency process for six months–Business Today
Sections 7, 9 and 10 of the IBC enable a financial creditor, operational creditor and the promoter, respectively, to initiate insolvency proceedings against a company
Coronavirus Lockdown IX: What will it take to kick-start the Indian economy?–Business Today
Getting the basics right holds the key. This would involve first acknowledging that a large population has lost incomes, savings and jobs and second, consumption
Coronavirus: CII calls for smoother tax regime, ease of doing biz, labour market reforms to revive economy–Business Today
Structural reforms are urgently required for reducing the cost of doing business as well as to renew confidence in the economy and support the recovery