Page 1432 - Economy & Policy News

Monsoon onset over Kerala likely on June 1: Ministry of Earth Sciences

Extended forecast suggests that monsoon will arrive in Kerala around June 1, its normal onset date, said M Rajeevan, the secretary in the Ministry of Earth Sciences

RBI announces loan relief, Rs 50,000 cr liquidity to tide over Covid

Central bank's 'immediate objective is to preserve human life and restore livelihoods', says Shaktikanta Das.

RBI's Covid relief: Good move, but late, says health care industry

While some companies said they were open to borrowing, others felt their working capital cycle was comfortable

RBI's relief: Hit by second Covid wave, MSMEs call for more support

According to them, measures such as revisiting classification of bad loans and clearing pending dues from government agencies are also required

Bond bulls bring down 10-year yield below 6% for first time since Feb 12

This was after the RBI assured the market of ample liquidity and another round of secondary market purchase of Rs 35,000 crore

RBI's Covid relief: SFB loans to MFIs get priority sector status

Special liquidity for SFBs to help low-income groups, say experts

India's services growth slowed to 3-month low in April, input costs soared

Growth in India's dominant services sector eased to three-month low in April but remained unexpectedly resilient even as Covid-19 crisis intensified and cost pressures rose at fastest pace in 9 years

Second Covid-19 wave may derail India's strong economic recovery: S&P

Lockdowns could thwart robust rebound

Demand from lenders for suspension of IBC grows amid second Covid wave

As second Covid wave is expected to impact mid-sized, small companies, lenders seek a breather

Domestic air traffic fell 29% in April over second Covid-19 wave: Icra

On May 3 the daily passenger traffic fell below 100,000 for the first time since last September

As partial lockdowns hit consumer confidence, market bets on consumer firms

Right product mix, softer input costs, probability of a good monsoon, and small-ticket nature of FMCG products may be the reason that stocks in this space are doing well

Help nations to prevent health crisis from becoming eco crisis: FM to ADB

India asked multilateral lending institutions like Asian Development Bank to extend support to developing countries to prevent the Covid-induced health crisis from turning into economic catastrophe

Investment in health, social sector to help recovering from pandemic: ADB

Investment in health, education and social protection alongside deeper regional cooperation can help countries in Asia Pacific region in achieving equitable recovery from Covid, Asian Development Bank

MLAs are getting richer; politics is getting dirtier, shows ADR report

Kerala assembly has the worst criminal track record, Tamil Nadu will be the richest

Hiring activity declines by 15% in April amid second Covid-19 wave: Report

With lockdown-like restrictions in many states due to the second wave of Covid-19 pandemic, hiring activity declined by 15 per cent sequentially in April, according to a report

With fears of huge death toll, masks remain key defence in Covid-19 war

An RCT study in Bangladesh's semi-rural and rural areas shows people can be convinced to keep up their masks. The research offers many other takeaways, including huge cost savings

Cabinet approves strategic disinvestment in IDBI Bank

LIC is currently the promoter of IDBI Bank with management control and GoI is the co-promoter

UP, Haryana, Maharashtra lead on the number of RERA cases resolved

Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone

Members in S Jaishankar's delegation to UK test Covid-19 positive

Members of the small delegation accompanying External Affairs Minister S Jaishankar to the UK have tested positive for Covid-19

UP govt floats tenders for purchase of 4 crore doses of Covid-19 vaccine

Uttar Pradesh government has floated global e-tenders to procure 4 crore doses of Covid-19 vaccines from licensed manufacturers