Mumbai: India’s banks have been barred from paying dividends for the fiscal year ended March 2020 so that they conserve capital in view of the economic shock
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
RBI: View: Will RBI special window help NBFCs? Not really! – The Economic Times
The central bank may have put in safeguards late Wednesday to ensure that funds raised by banks through a special window aren’t cornered by the
Liquidity boost: Government considers tax refunds to large firms – The Economic Times
The Central Board of Direct Taxes has issued refunds worth Rs 4,250 crore. The government is likely to provide income tax and GST refunds to large companies,
credit card moratorium interest rate: How interest will be calculated if you opt for moratorium on credit card dues amid Covid lockdown – The Economic Times
The issuer will not block your credit card if the bill is not paid during these three months. Should you opt for the 3-month moratorium on payment
China economy: China suffers worst economic drop since ’70s in virus battle – The Economic Times
BEIJING: China suffered its worst economic contraction since since at least the 1970s in the first quarter as it fought the coronavirus, and weak consumer spending and factory activity suggest
covid-19 lockdown: Slowly, India Inc begins to fire up its engines – The Economic Times
At least eight publicly listed companies have taken steps to restart operations with a limited workforce after obtaining permission from the authorities, show data compiled
coronavirus impact on auto: Covid-19 lockdown woes: Auto companies wheel in wage cuts to keep motors running – The Economic Times
Mumbai: Auto companies are set to cut salaries as they seek to reduce costs with the Covid-19 lockdown having worsened already bleak prospects, said people with knowledge of the
RBI announcements today: RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points, Rs 50,000 crore TLTRO 2.0 for NBFCs – The Economic Times
The RBI today announced a second tranche of liquidity boost for the economy wth a 25 basis point reverse repo cut taking it to 3.75 per cent from 4
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
What nation can learn from Kerala: Lockdown is not enough. Preparedness, decentralisation, are key | The Indian Express
The COVID curve in Kerala is flattening. Every day, for a week now, the number of recoveries has exceeded the number of new infections. The
‘आरोग्या’मागचा आजार |लोकसत्ता
जागतिक आरोग्य संघटनेचा निधी अमेरिकेने बंद केला. ती कसर भरून काढून शिरजोर होण्याची संधी चीनलाच मिळाली. आंतरराष्ट्रीय राजकारण हे देवाणघेवाणीचे असतेच; त्यात या निर्णयाने अमेरिकेस
Covid-19: Big relief for MSMEs in IT/ITeS as govt waives off rent for units based in tech parks – The Financial Express
Technology for MSMEs: The government has decided to provide relief to IT/ITeS MSMEs and startups based in Software Technology Parks of India (STPI) amid Covid-19 crisis
Covid lessons from Kerala | Business Standard Editorials
In his April 13 address, Prime Minister Narendra Modi had said the three-week lockdown had worked in containing the community spread of the virus to make his
Covid-19 has given Modi an opportunity to wield the power of his popularity | Business Standard Column
India has some advantages in going into this challenge the world is faced with and will continue to face for the rest of 2020. The
Lenders want more time to finalise working capital needs of large firms | Business Standard News
If a fresh assessment of working capital requirement is to be done in view of the Covid crisis, that will have to be by the
Banks to seek extension of moratorium on loan repayments beyond June | Business Standard News
The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore | Business Standard News
Public sector banks (PSBs) on Thursday flagged concerns to the Union government over loans worth over Rs 50,000 crore turning into non-performing assets (NPAs) for March, as
If States say yes, e-commerce players can sell all goods – The Hindu BusinessLine
From next week, e-commerce companies are free to deliver all goods, including those not marked essential, provided they get the necessary permits from State government
Workers face income loss of Rs 4.05 lakh crore due to lockdown, SBI report – The Hindu BusinessLine
State Bank of India’s economic research department has cut its GDP growth estimates for FY21 from 2.6 per cent to 1.1 per cent, with the
