Clipped from: https://www.business-standard.com No doubt that economy will contract in Q1, Krishnamurthy Subramanian says The centre has decided to borrow Rs 4.2 trillion more than budgeted
Category: MSME-Startup
Haryana follows in PM Modi’s footsteps; comes up with its own MSME grievance portal – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The new portal called Haryana Udhyam Sahyog by the state government will allow MSMEs to resolve their credit-related
PSBs luring MSMEs with pre-approved loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com A top government official told ET that public sector banks are trying to reach out to MSMEs, which are their existing customers, for
Emerging opportunities for web professionals in a post Covid World–eCONOMIC tIMES
Clipped from: https://economictimes.indiatimes.com By Manish Dalal Internet was formally introduced to India 25 years ago, on 15th August 1995. Today, two and half decades later, those
RBI: MPC minutes show RBI feels it may take years to repair economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI governor Shaktikanta Das said only the agriculture sector is showing a silver lining. Economic activity has been hit badly by the two-month
MSMEs facing difficulties in accessing COVID-related relief packages: Karnataka SSI body – The Economic Times
Clipped from: https://economictimes.indiatimes.com KASSIA has received a number of complaints and representations from its members about the difficulties in accessing the schemes. BENGALURU: MSMEs are seriously concerned about
To revive economy, India has to focus on sectors with ‘pull effect’: Suresh Prabhu – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Suresh Prabhu, India’s Sherpa to the G-20 – M_VEDHAN Suresh Prabhu, India’s Sherpa to the G-20 – M_VEDHAN× Long-term financing of infra projects
Bank NPAs may worsen to 11.6 pc by end of this fiscal due to coronavirus pandemic: Report – The Financial Express
Clipped from: https://www.financialexpress.com Fresh gross slippages are estimated to be at 5-5.5 per cent of standard advances during 2020-21, which will increase the banks’ credit provision
MHA wage order: SC divided between contrasting concerns? – The Financial Express
Clipped from: https://www.financialexpress.com Apex court says loan moratorium detrimental sans interest relief; on MHA wage order, it strikes a pragmatic tone, cites industry’s cash crunch. The
FDI in non-bank lenders needs to be explored for greater support to MSMEs: Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com The minister opined that strengthening of non-banking lenders or NBFCs, state cooperative banks, district cooperative banks, credit societies, etc is required to extend
Uday Kotak against waiver of interest during moratorium period – The Economic Times
Clipped from: https://economictimes.indiatimes.com People asking for moratorium on interest also need to keep in mind the interest of depositors, he said, adding “it cannot be an
Companies with loan recast seek moratorium from banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ RBI’s Covid-19 regulatory package was announced to mitigate the debt-servicing burden of stressed borrowers. But the moratorium has also raised default risks, making
Over 70% small businesses look at cutting jobs to sustain themselves: AIMO Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com On the issues likely to be faced during the Unlock 1.0 period which began this week , the survey covered various aspects such
Rajiv Bajaj: India ended up flattening the wrong curve (GDP) because of a ‘draconian lockdown’: Rajiv Bajaj – The Economic Times
Clipped from: https://economictimes.indiatimes.com The country eventually came to suffer the worst of both worlds, Bajaj told Rahul Gandhi. The lockdown that India put in place around
Double whammy for service companies: Required to pay GST on defaults, bad debts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Services companies have been dealt a twin blow: Unpaid bills, & GST liabilities on incidents on non-payment. MUMBAI: As customer defaults mount due to the Covid-19
Second migrant crisis may be coming – The Economic Times
Clipped from: https://economictimes.indiatimes.com Villages now struggle to cope with returnees who have no income and no immediate chance of employment. With the crisis of migrants unable to return
SC advises middle path over paying 100% salary during lockdown | Deccan Herald
Clipped from: https://www.deccanherald.com/ A view of the SC The Supreme Court on Thursday suggested for finding a middle ground to protect the interest of crores of
Overseas listing is for the big boys – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Smaller companies may not be able to garner resources for a foreign IPO There is a buzz doing the rounds of late that
More players may enter contract farming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A farmer waiting to sell bananas in Daranggiri market in Assam. Pre-determined price in contract farming will help reduce farmers’ risks – THE
Going back to basics: Make labour laws simple, protect workers’ rights | Business Standard News
Clipped from: https://www.business-standard.com/ It’s not just the inability to downsize that constrains it but opaque hiring practices and the illogic of size-based legal thresholds that encourage