The moot question would be how the Government will fund this package.
From coronavirus impact on various sectors to how electronics majors are looking for ways to revive sales, here are the top ten business headlines of the day
Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years
Rusty machinery, lack of labour, confusion over rules bug corporate honchos
These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".
The Minister for MSME and Road Transport and Highways said a policy on import substitution is being thought of in the wake of the economic situation created by the COVID-19 pandemic.
The Sensex closed at 31,715, down 2,002 points, or 5.94 per cent - its biggest single-day loss since March 16.
Assocham President Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of I-T, VAT, and GST, and compensation
Demand slump, labour shortage put a damper on ramp-up
Reiterate demand for a stimulus package
At present, the country is under a 40-day lockdown till May 3, and there are indications of it being gradually withdrawn.
CEOs warn of economic depression, say need to work within new normal
Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society
It's for this new consumer that companies are adapting their products and services
The first of a three-part series looks at how the workplace across India Inc is all set to be disrupted
Incentive hikes, credit period extension among steps taken to support them during corona crisis
The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government
Friday's meeting follows a wide range of deliberations held within the government and with eminent experts.