The difficulty some of India’s best regarded non-banking financial companies (NBFCs) have had in raising debt shows that much more needs to be done than
Category: RBI–Banks
MSMEs: ‘Hand-to-mouth’ crisis for MSMEs fuels calls for more fiscal aid in India – The Economic Times
As the cash-flow for MSMEs dries up, and in the absence of any fiscal support, many will be forced to cut jobs to curb costs.
We need legislative and institutional reforms to avoid a repeat of panic in debt mutual funds – The Economic Times
In addition, these recent crises need to be used as a trigger for basic regulatory and banking reforms. FT’s decision led to a mild panic
Announce the stimulus, now – analysis – Hindustan Times
It must be geared towards all businesses, not just one segment. There are indications that the government is working on a stimulus. Besides the fact
Amend the FRBM Act, and spend more now – analysis – Hindustan Times
Greater public expenditure is required for relief, medical response, demand stimulus, health infrastructure Pulapre Balakrishnan Only the government can counteract slowing private investment. Its non-interventionist
All stakeholders must share blame for MCX crude futures crisis – The Hindu BusinessLine
SEBI, the intermediaries, trades and brokers should have been alert and made provisions for the negative oil prices The crisis in the settlement of April
Franklin Templeton fiasco: How good ideas went bust, and to prevent a repeat–Economic Times of India
Franklin Templeton India shuttering six of its debt funds has triggered the automated debate whether debt funds are good for poor investors and how reckless
Covid crisis also an opportunity: Small isn’t beautiful for Indian workers. Grow the ‘Medium’ sector of MSMEs–Times of India
The good news in our fight against Covid-19 is that we are in a position to restore near normalcy to three-fourths of the districts. These
An act of prudence, not loan forgiveness–Economic Times
A needless controversy has erupted over RBI revealing that banks have written off bad loans worth Rs 68,607 crore in its response to Right-to-Information (RTI)
MSME sector: We’ll work out a formula to prop up MSME sector: Shivaram Hebbar, state labour minister – The Economic Times
The government is aware the MSME sector is in difficulty, and if the central and state governments don’t lend a helping hand, it is going
MSMEs: Trade unions fear job losses, sound out state government to save small firms – The Economic Times
There are about 600,000 garment workers in the city. Job losses or wage cuts will impact the economy as the working class is already anxious
If monetisation of deficit becomes unavoidable, there should be a clear commitment to keep it a one-time affair: Arvind Panagariya – The Economic Times
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.
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
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