Clipped from: https://www.financialexpress.com Budget 2020-21: Chidambaram said the government is facing shortfall in all forms of taxes – Rs 1.56 lakh crore in corporate tax, Rs
Category: RBI–Banks
PM Modi appoints committee headed by Rajnath Singh for MSME loan scheme implementation: Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: MSME Minister Nitin Gadkari has asked small businesses to email him directly in case of problems faced by
Covid crisis: Boost banks’ equity bases and get them to lend; else economy will sink further – The Financial Express
Clipped from: https://www.financialexpress.com Boost banks’ equity bases and get them to lend; else the economy will sink further The unfortunate truth is that until companies are
economy: View: Sharp fall in the latest growth estimates is a wake-up call to GoI to ramp up its stimulus package – The Economic Times
Clipped from: https://economictimes.indiatimes.com It will be a while before we get back anywhere near the 7-8% growth of the go-go years. For all its shortcomings, both
There’s a problem with the economy: Modi’s thinking | Deccan Herald
Clipped from: https://www.deccanherald.com In the spate of interviews she gave to newspapers and television news channels after her five press conferences announcing the Rs 20 lakh
Das is right, Subramanian is wrong | Deccan Herald
Clipped from: https://www.deccanherald.com Last Friday, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), finally admitted to what had become fairly obvious by then:
Govt’s decision to revise MSME definition was long due; relief amid coronavirus to boost investments – The Financial Express
Clipped from: https://www.financialexpress.com/ Owing to significance of MSMEs, the Government has extended certain benefits to entities falling with the MSME bracket to strengthen and incentivize them.
GDP data’s message: Government needs to do more–Times of India
Clipped from: https://timesofindia.indiatimes.com The gross domestic product numbers for both the fourth quarter of 2019-20 and also the full financial year, which were released on 29th May,
Quandry, the present state of MSMEs | Deccan Herald
Clipped from: https://www.deccanherald.com The Micro, Small and Medium Enterprises (MSME) sector, besides being the largest jobs provider in the country after agriculture, also contributes to more
‘Provide one-time restructuring of NBFC loans’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Non-banking finance companies have asked Finance Minister Nirmala Sitharaman to amend the special liquidity scheme to cover a tenure of up to three
GST hike in non-essential items ruled out – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ The government has ruled out any Goods & Services (GST) hike for non-essential goods. It has also said ‘no’ to monetisation of deficit,
We need to plan for the next round of NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are
A silent Surat: No orders, dormant looms and no diamond polishing | Business Standard News
Clipped from: https://www.business-standard.com The final part of the series looks at how industries are waiting for demand to bounce back A lone worker engaged in daily
Niti Aayog suggests slew of steps to make India’s exports competitive – The Financial Express
Clipped from: https://www.financialexpress.com/ The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient. The
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans – The Financial Express
Clipped from: https://www.financialexpress.com RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route. Sanctioned loans account for well over a half
Business leaders optimistic of economic revival in 6-9 months – The Economic Times
Clipped from: https://economictimes.indiatimes.com The positives and silver lining in the current COVID-19 and economic slowdown were identified and elucidated at a webinar on ‘New Normal: Impact
Even before Covid, economy was slumping – The Economic Times
Clipped from: https://economictimes.indiatimes.com The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed
Fiscal deficit widens to 4.6% of GDP in 2019-20 – The Economic Times
Clipped from: https://economictimes.indiatimes.com As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%. NEW
Should we fear post-pandemic inflation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Inflation could well go through a yo-yo effect, as is already happening with other economic indicators. It’s not just the usual inflation alarmists. Many people
Pinch of cost: Pandemic may claim half of standalone restaurants. Why franchises can dodge it. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com The worst phase of the longest lockdown may be behind us, but it has a loud message for the food and restaurant industry