The effort to contain the coronavirus is big. The Janata Curfew announced by the Prime Minister brought the entire country to a standstill for 14
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Covid-19: Govt directs states to transfer cash to construction workers | Business Standard News
To provide relief to employers, the government has extended the last date for filing returns under eight labour laws and 10 central rules for the
Coronavirus India Lockdown Exemptions: India 21 day Lockdown: What is exempted, what is not – The Economic Times
Exempted (Central government): Defence, central armed police forces, treasury, public utilities (Including petroleum, CNG, LPG, PNG), disaster management, power generation and transmission units, post offices,
View: India’s virus-stricken economy is in a dire need of a vaccine – The Economic Times
y Gurbaksh Chahal With Covid-19, we are dealing with two viruses: a viral infection and a financial infection. Both must be addressed concurrently. The latter will
‘End of coronavirus pandemic is near’, says Nobel laureate Michael Levitt | Business Standard News
Michael Levitt, an American-British-Israeli biophysicist who received the 2013 Nobel Prize in chemistry for developing complex models of chemical systems, has an optimistic take on
India Stimulus Package: India can spend $18 billion to fight virus impact, say analysts – The Economic Times
By Anirban Nag India is facing an economic shock as many parts of the country go into lockdown and the government will have to spend
Social distancing a luxury that workers on Rs 152 a day can’t afford – The Economic Times
By Bibhudatta Pradhan and Archana Chaudhary Baby Devi has already lost 80% of her monthly earnings to the spread of the coronavirus — and the
aditya puri: Economy in ICU, says HDFC Bank chief, but downplays Covid risks to loan quality – The Economic Times
India’s longest serving bank chief Aditya Puri on Monday said that it was just a matter of time before the RBI and the government give
coronavirus lockdown violation: Venturing out during a lockdown? You may be booked under these clauses – The Economic Times
Strict adherence to government order has become the need of the hour. As the nationwide count crossed 430, various state governments have ordered a complete
Coronavirus outbreak: Bimal Jalan pitches for fiscal stimulus – The Economic Times
NEW DELHI: Former RBI governor Bimal Jalan has pitched for fiscal stimulus to mitigate the impact of coronavirus outbreak which, he said, could lower India’s
On lending by banks to NBFCs, HFCs to be part of priority sector in FY21: RBI – The Economic Times
Mumbai, Mar 23 (PTI) The Reserve Bank on Monday said bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits
7.3 million jobs at stake, restaurant body writes to Finance Minister for financial bailout package – The Economic Times
Last week, the NRAI had issued an advisory to all its members to shut down their dine-in operations till 31st March, 2020. Citing the possibility
Time for RBI to buy corporate bonds–Economic Times
The Reserve Bank of India (RBI) has been vigorously conducting open market operations (OMO) and purchasing government bonds in the secondary market, to shore up
Coronavirus outbreak: Sebi eases compliance requirements for brokers, mutual funds – The Financial Express
In a bid to reduce compliance burden on market participants, Sebi on Monday provided various relaxations to stock brokers and mutual fund houses, including extension
MSMEs may not survive if cash flow problem occurs amid lockdown, FICCI tells govt; suggests steps – The Financial Express
Credit and Finance for MSMEs: As MSMEs stare at a bigger cash flow problem ahead if the current lockdown continues by the government, there is
Loans to MSMEs, India lockdown to make Axis Bank’s bad loans worse | Business Standard News
Even when Axis Bank posted a few quarters of losses in the past years, its stock price didn’t come crashing as it did on Monday.
Covid-19 impact: MSMEs require support to survive, says industry expert | Business Standard News
Over 22% of the over 75 Million MSME’s units in India will be shut if the lockdown in cities extends beyond 4 weeks and a
From arbitration appeals to coal e-auction, here’re the top court orders | Business Standard News
The question of choosing the court where an appeal against an arbitration award is to be filed came up again in the Supreme Court. A
Why is corona package taking so long to clear? – The Financial Express
The central bank continuing to supply large amounts of liquidity to prevent credit markets from freezing and advancing its bond-purchase plan is a welcome move;
Banks to provide relief to borrowers whose operations are impacted by Covid-19 outbreak – The Hindu BusinessLine
The bank will give 10 per cent of a borrower’s existing Fund Based Working Capital Limits as loan Banks are likely to follow State Bank