At the current level of uncertainty, possibilities range from a small decline to respectable growth in the second half of the year, feels Arvind Panagariya.
Category: RBI–Banks
Franklin Templeton Mutual Funds: Scared of debt mutual funds after Franklin fiasco? Here is a curated list – The Economic Times
Templeton’s strategy was all along set up for failure. The only surprise is that it took this long to implode. When equity mutual funds dropped precipitously along
The Franklin Templeton fiasco exposes the underlying risks of India’s debt market – ET Prime
The closure of six “yield oriented” schemes on April 23 by Franklin Templeton is an event that has been in the making for many years. Along with
Urjit Patel writes: Monetary actions by the RBI have left the MPC’s decision on the policy rate partly redundant
This requires making the institution of MPC more enduring, not bypassing it. Decision on monetary policy actions based on voting by committee members, provision of
Govt likely to pledge Rs 3-trn in loans to MSMEs amid Covid-19 outbreak | Business Standard News
Small firms will be eligible to borrow an additional 20 per cent of their credit limit. The extra debt will be fully backed by the
GST, GAAR reporting delayed till March 2021 amid coronavirus outbreak | Business Standard News
The I-T Dept had, in 2018, changed the tax audit form 3CD, seeking details under GST as well as GAAR, which seeks to prevent firms
Slight ease in lockdown gives hope to the desperate, improves employment | Business Standard Column
The count of the unemployed who were actively looking for jobs during the week of April 26 was around 76 mn. In the earlier weeks,
In a sea of red ink | Business Standard Column
A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed There is an expanding
Lift the lockdown | Business Standard Editorials
An extension will only increase the human cost In his meeting with chief ministers on Monday, Prime Minister Narendra Modi rightly pointed out that importance
Why it is time to end Covid-19 lockdown – The Financial Express
The lockdown has achieved its purpose. Extending it may not be worth the cost. Without a lockdown, the number of Covid-19 infections was projected to
Modi and the CMs take the wrong call – The Financial Express
Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric New findings make it clear that
M&M has opened 40% tractor dealerships, says Executive Director Rajesh Jejurikar – The Financial Express
Auto dealers are also ready and waiting for the announcement of dates to resume operations. Mahindra and Mahindra (M&M) has opened 40% of its tractor dealerships
Supreme Court refuses to stay MHA order on full salaries to workers during lockdown – The Financial Express
It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by
Reopening blues: More relaxations, guiding people towards a “new normal” should take precedence now–Times of India
A necessary step in the phased restart of businesses has been taken with the go-ahead for opening of neighbourhood shops, though not without its share
Timely backstop: RBI’s backstop measures for mutual funds should quell redemption pressure on them–Times of India
Contagion may be a buzzword to those following the course of the coronavirus, but the term has long been familiar to those who follow financial
Shift gears: Revenue shortfalls cripple the ability of states to fight both contagion and economic downturn–Times of India
Prime Minister Narendra Modi’s video conference with chief ministers saw the emphasis shift towards restarting economic activity even as many CMs betrayed nervousness over the
There is no return to past normal–Economic Times
The upshot of the federal conclave that took place yet again on Monday, with the prime minister conferring with state chief ministers over video, is
Not quite a silver bullet for MFs–Economic Times
The fiasco that followed asset manager Franklin Templeton’s decision to abruptly shut down six debt schemes is a reminder of the gaps in the bond
6-month GST payment freeze for worst-hit sectors, a lower rate for realty among Covid options mulled – The Economic Times
Other proposals include switch to a cash-based tax system from current invoice-based one. India is considering a goods and services tax (GST) relief package to
Ten steps while restarting the economic engine – The Economic Times
Refuelling the economy needs a comprehensive approach across different sectors to boost growth in each of them. Right from providing liquidity support to small enterprises