Mumbai School of Economics and Public Policy (MSEPP) paper warns states against allowing large-scale movement of migrant labour. Representative image NEW DELHI: Most states could
Core sector output shrinks 6.5% in March as Covid-19 takes its toll on the economy – The Economic Times
The IIP shrank 6.5% in March compared to 5.8% growth witnessed in the same period last year. Manufacturing, petroleum products, mining operations have been hit
RIL rights issue: RIL announces biggest rights issue of Rs 53,125 crore; share sale at 14% discount – The Economic Times
RIL rights issue is priced at Rs 1,257, a discount of Rs 210 or 14 per cent from the last close. Shareholders can subscribe to
gold loan: Rush for gold loans seen as Indians seek refuge from slowdown – The Economic Times
Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set for its first contraction in
Automakers are preparing a lockdown exit plan. Three hurdles they need to factor in. – ET Prime
With the government looking for ways to come out of a 40-day national lockdown in stages and thinking of a graded easing, the auto industry has
Banks lend whopping Rs 1.15 lakh crore to NBFCs in March – The Economic Times
Summary Banks lend whopping Rs 1.15 lakh crore to NBFCs in March, the highest on month since 2008. Banks were initially reluctant to lend to NBFCs
Dear Prime Minister, for God’s sake, please don’t let this crisis go to waste – The Economic Times
At the end of the day, this is not where the world wanted to be in 2020. Away from the public health issue, from an
As a Covid-fighting nation, India shown its capabilities to become a serious global player – The Economic Times
India has the capability to rise above and become a beacon of hope for the rest of the world. We’re also recognised as a country
It’s time for some hard decisions – The Hindu BusinessLine
A graded exit is neither a workable solution for the economy nor for tackling the pandemic We are now approaching the end of the extended
No immediate recovery in sight for trucking industry hammered by lockdown – The Hindu BusinessLine
If the demand for industrial goods doesn’t make a dramatic recovery in May-June, India may see a shakeout in the truck transport sector in about
In post-Covid-19 times, renewable energy to face stiff competition from fossil fuels – The Hindu BusinessLine
Conventional energy-rich economies are even relaxing environmental restrictions The lessons learnt by countries using significant amounts of renewable energy (RE) are important for India, which
‘Make bold decisions’: P Chidambaram urges Centre to announce wage protection package – The Hindu BusinessLine
If businesses do not see hope, they will decide to close Former Finance Minister and senior Congress leader P Chidambaram said that in the absence
RBI’s liquidity lifeline won’t solve debt MFs’ structural problems – The Hindu BusinessLine
Both SEBI and MFs need to thrash out a durable solution to the mismatch in corporate bond funds that doesn’t involve borrowing The Reserve Bank
The duty of a true civil servant – The Hindu BusinessLine
‘The incidents in Delhi during the past few days are reminiscent of first-hand experience at the beginning of my career as a civil servant in
India’s exports can bounce back on graded lockdown exit, phased resumption of manufacturing activities, says EEPC Chairman – The Hindu BusinessLine
Indian engineering exports can “witness a bounce-back” if a “graded-exit” to the lockdown and a phase-wise resumption of manufacturing activities take place. Quicker resumption of
Rights issue renunciation: FinMin raises the pricing bar for non-residents – The Hindu BusinessLine
Non residents can’t take the benefit of free pricing by companies The pricing regime for non-residents acquiring shares out of Rights Issue renunciation by resident
Not many opting for loan moratorium, say banks – The Hindu BusinessLine
328 companies have opted for facility, says ICRA; SME segment keen to avail benefits Though the Reserve Bank of India has allowed companies to opt
Nearly half of world’s workforce risks losing livelihoods in pandemic: ILO | Business Standard News
Prolonged lockdowns and closures expected to lead to an ‘even’ worse fall in total working hours, says UN agency. Some 1.6 billion workers in the
Covid-19 fallout: Hotel industry revenue likely to slip by Rs 90,000 cr | Business Standard News
Given the evolving scenario, the consultants said they have revised earlier estimates of the overall revenue loss that the industry would face in 2020 During
Life after Covid-19: How the Indian automotive sector can be future-ready | Business Standard News
A three-pronged approach can help the sector navigate turbulence related to Covid-19 Due to Covid-19, automotive demand will be significantly impacted in FY21 The Indian