It’s cataclysmic, and a double whammy for those at the helm of the Indian economy — Nirmala Sitharaman and Shaktikanta Das. Consider the daunting odds.
Category: RBI–Banks
Economy in lockdown: The Hindu Editorial on India’s worst case scenario post lockdown – The Hindu
After the IMF’s revised projections, India must adopt plans that avert the worst case scenario Less than two months after asserting that “global growth appears
How central banks around the world should respond to the coronavirus crisis–The Print
Just a few weeks into the coronavirus pandemic, the world’s most powerful central banks have found themselves shoved violently back into crisis-management mode. How they
liquidity boost by RBI: SMEs to gain maximum from Rs 1 lakh-cr liquidity boost to NBFCs, HFCs – The Economic Times
On Friday in the second Covid booster dose, the RBI announced a new TLTRO, under which it will pump in Rs 50,000 crore into the
MSMEs stare at labour and raw material supply issues – The Economic Times
Small industries in the country will face a shortage of raw material and labour as the graded lifting of the ongoing nationwide lockdown begins from
At mercy of banks, India’s cash-tight shadow lenders face new turmoil – The Economic Times
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s third-largest economy, but leaving this sector in the lurch
Prudently done: Shutting the door to automatic entry of Chinese FDI is a sensible step in the current context–Times of India
The Narendra Modi government on Friday announced a modification in India’s FDI policy which raises barriers for Chinese investors. In the wake of a Covid-19
Will RBI’s push sooth nerves? | Deccan Herald
Pankaj RazdanFormer – MD & CEO, Aditya Birla Sun Life Insurance Reserve Bank of India’s inter-policy announcement was an unexpected sequel to the monetary policy
DPIIT, Finance Ministry locked horns before tweak in FDI guidelines | Business Standard News
Because of the differences, senior ministers, including the ministry of external affairs, had taken part in deliberations before the Cabinet gave its approval The government’s
Can rate cut force banks to lend? | Business Standard Column
Recently, the Reserve Bank of India (RBI) bought treasury bills from the secondary market. This is no speculation. The weekly statistical supplement (WSS), which the central bank
Small businesses still waiting for stimulus package | Business Standard Column
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,
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
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