Page 1864 - Economy & Policy News

Trai seeks BARC board overhaul; major implications for TV industry on anvil

BARC measures television viewership in India. Set up in 2015, members include advertisers, agencies, and broadcasters.

Diamantaires stare at decade-low revenue as Covid epicentre shifts to US

Stretched receivables, financial concerns have tightened the grip over the industry

Lockdown: Adityanath asks for blueprint to restart industries after May 3

On April 20, the state government had only allowed for conditional reopening of select industries in those districts, which had a low Covid-19 infection load

Covid-19 impact: Kerala announce relief measures for IT, ITeS companies

The government has waived rent for the months of April, May and June 2020 for all IT and ITeS companies which have taken upto 10,000 sq ft of space on rent

Cong alleges Modi govt waived Rs 68,607 crore of bank loan defaulters

Congress also alleged that the government waived loans worth Rs 6.66 trillion from 2014 till September 2019

Think about adopting 'One nation one ration card' amid lockdown: SC to govt

The central government scheme is scheduled to be launched in June this year

Insurance brokers call for securing coverage of properties in lockdown

Insured property should not remain unoccupied for a period exceeding 15 days or 30 days, policy coverage rule say

India's rating could come under pressure if fiscal outlook worsens: Fitch

Fitch had in December 2019 reaffirmed India's 'BBB-' rating with a stable outlook

Brics foreign ministers to discuss ways to jointly combat coronavirus today

The ministerial videoconference hosted by Russia, the current rotating head of the BRICS, will also focus on the impact of the Covid-19 pandemic on international relations

Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

Covid-19 crisis: CBDT chargesheets 3 IRS officers for leaked report

The IRS Association has forwarded its report to the CBDT.

Signal from PM Modi to CMs: Covid-19 lockdown may continue beyond May 3

Green zones may see more relaxations; states divided on how to end curbs

GST, GAAR reporting delayed till March 2021 amid coronavirus outbreak

The I-T Dept had, in 2018, changed the tax audit form 3CD, seeking details under GST as well as GAAR, which seeks to prevent firms from routing transactions through other countries to avoid taxes

CRISIL pegs India's FY21 economic growth rate at 1.8% from 3.5%

Its parent Standard & Poor's has (S&P) forecast the world economy to contract 2.4 per cent, against its earlier estimates of 0.4 per cent growth.

Govt likely to pledge Rs 3-trn in loans to MSMEs amid Covid-19 outbreak

Small firms will be eligible to borrow an additional 20 per cent of their credit limit. The extra debt will be fully backed by the government

Kerala has lost Rs 80,000 cr as per estimates due to Covid-19: CM Vijayan

The wage loss to around 8,330,000 self-employed persons and casual employees is around Rs 14,000 crore

Explained in numbers: Covid-19 lockdown impact on states' GST revenues

All the states may see around Rs 5,000 crore of GST collections in 2020-21

Cigarette sales may see steepest dip in 20 years on lockdown, tax rise

The sector witnessed the last steepest decline in 2015 when sales volume contracted by 8.2 per cent

Covid-19 impact: PE/VC investments hit 12-quarter low at $5.1 billion

At $2.2 billion, large deals declined by over 70 per cent on a year-on-year basis in the same period

GDP likely to grow at 1.9% if lockdown is lifted in mid-May: India Ratings

Meanwhile, CRISIL has cut estimates of India's FY21 economic growth rate to 1.8% from earlier 3.5%