Merchandise exports and imports went down in March because of the Covid-19 outbreak. Exports last month were $21.41 billion, against $32.72 billion in March 2019,
Category: RBI–Banks
Handholding MSMEs to be critical for government, financial institutions to revive them post pandemic – The Financial Express
By Manguirish Pai Raikar Ease of Doing Business for MSMEs: We are passing through a very critical phase of our life fighting an invisible and invincible enemy
Govt does a U-turn, says e-tailers still barred from sale of non-essentials – The Financial Express
The move to allow e-tailers to sell/deliver non-essential items was strongly opposed by small businesses led by The Confederation of All India Traders (CAIT). In
Exporter moves Supreme Court against payment of full wages to workforce – The Financial Express
These government orders are passed beyond the legislative competence of the Respondents (government) and, therefore, ultra vires the 2005 Act,” the petition stated. A Mumbai-based
Behind the curve? India’s competitors in export markets aided by fiscal bounties – The Financial Express
Competitors, including China, Vietnam, Bangladesh, Indonesia Malaysia and even Hong Kong, already announced a series of fiscal packages — some up to 3% of GDP.
liquidity boost by RBI: SMEs to gain maximum from Rs 1 lakh-cr liquidity boost to NBFCs, HFCs – The Economic Times
MUMBAI: Small businesses will benefit the most from the Rs 1 lakh-crore targeted liquidity boost to small and mid-sized non-banking lenders, housing financiers and micro-lenders, say the
The decision to tighten FDI norms for investors from neighbouring countries timely: Experts – The Economic Times
Shardul Shroff, Executive Chairman, Shardul Amarchand Mangaldas & Co, said this decision will help India monitor its FDI (foreign direct investment) which could be directed
India should take ‘measured approach’ with stimulus packages to deal with COVID-19: Arvind Panagariya – The Economic Times
Panagariya said that it will be a “miracle” if a vaccine can be discovered, licensed, manufactured and made available to 65 per cent or more
Small, medium enterprises should act prudently, avoid over-leveraging: SBI chief – The Economic Times
MUMBAI: State Bank of India Chairman Rajnish Kumar on Sunday urged small and medium enterprises to act prudently and avoid over-leveraging during the current situation where there is a
१,१५० उद्योग सुरू –महाराष्ट्र टाइम्स
Sujit.tambade@timesgroup.com Tweet : @ sujittambadeMT पुणे : करोनाने सर्वत्र हाहाकार माजविला असताना, उद्योगधंद्यांना पुन्हा उभारी देण्यासाठी सकारात्मक पावले उचलण्यात येत आहेत. करोनाचा प्रादुर्भाव नसलेल्या भागांतील
लघु, मध्यम उद्योगांना फटका –महाराष्ट्र टाइम्स
करोनाच्या साथीमुळे संपूर्ण देशात लॉकडाउन सुरू आहे. पण लॉकडाउन संपल्यानंतर, पुन्हा सुरू होणाऱ्या सगळ्या उद्योगांना अनेक समस्यांचा सामना करावा लागणार आहे. या उद्योगांपुढे कोणती आव्हाने
Global supply chain with less dependence on China to be positive outcome of COVID-19: Anand Mahindra | Deccan Herald
COVID-19 will reboot the world into virtual reality and after the crisis, work from home models are likely to continue and business travel is likely
वित्तीय आणीबाणीचा अर्थ –महाराष्ट्र टाइम्स
शेखर साठेभारतात ‘वित्तीय आणीबाणी’ येऊ शकते.संविधानात तीन प्रकारच्या आणीबाणीजन्य परिस्थिती विचारपूर्वक कल्पिलेल्या होत्या. त्यात पहिला प्रकार आहे परकीय आक्रमण अथवा युध्द आणि अंतर्गत असंतोष. दुसरा
Exporters say RBI steps to help small units, but bigger revival package needed – The Hindu BusinessLine
Unprecedented’ challenge in the global market as China recovers, world trade plummets Exporters said the RBI’s decision to relax bad loan classification and provide refinance
Dangerous crossroads: Extraordinary steps have the habit of becoming habits | Business Standard Column
Printing money to fund crisis measures is not without risk; countries like the US might get away with it, but the price for excess is
140 bps rate cut in a little over a fortnight | Business Standard Column
Nobody could have asked for more, even in their dreams. The central bank, yet again, has gone for an out-of-turn cut in its policy rate.
RBI gives another big bonanza, this time to NBFCs, stressed borrowers, rural sector, MSMEs
New Delhi: The Reserve Bank of India (RBI) Friday announced a series of measures to ease the pressure on non-banking finance companies (NBFCs), and improve credit
Government must guarantee all working capital loans–Deccan Chronicle
The Reserve Bank of India has announced a set of measures to provide liquidity support to crucial sectors like real estate, small businesses and agriculture
RBI announces fresh measures: But a comprehensive stimulus package from government is desperately needed–Times of India
RBI governor Shaktikanta Das has unveiled a second round of measures in the midst of the Covid-19 outbreak to maintain liquidity in the system and
Large fiscal stimulus needed: Else we’re looking at bankruptcies, mass unemployment–Times of India
The unique aspect of the world’s battle against the Covid-19 outbreak is that the first line of defence against it has catastrophic economic consequences. The
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