Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP
With no upper limit, the interest rates in the platform can go as high as 35 per cent, on a reducing balance
Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost
Adityanath government institutes exclusive cells to help industries
Our informal economy and Centre-state coordination are helpful factors, but harsh measures could leave a deep impact on society
A quick economic recovery requires that we keep people employed and the economy ticking over
Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent
A sense of hopelessness pervades the streets in Delhi's Okhla, with row of parked trucks and an ominous silence
Last month, Union Finance Minister Nirmala Sitharaman had announced a Rs 1.70 trillion central package
States fear lifting curbs will worsen Covid situation
The Covid-19 impact on various sectors of the Indian economy would depend on the longevity of the outbreak and the lockdown. Except for essentials in the consumer goods, most sectors would be impacted
Indian aerospace and defence firms believe that uninterrupted and timely supply remains critical for their credibility
Ryder joined the G20 Extraordinary Leaders' Summit on Covid-19 via video link, which was hosted by Saudi Arabia
Package announced includes both food security and cash transfer components
Experts suggest a rate cut along with loan forbearance and a special liquidity window for banks and NBFCs
The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt
With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting
Over 22% of the over 75 Million MSME's units in India will be shut if the lockdown in cities extends beyond 4 weeks and a staggering 43% will shut shop if the panic extends beyond 8 weeks
"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said
The panel also proposed multiple registrations with several government agencies for various purposes should be done away with for MSMEs