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PSBs sanctioned loans worth Rs 6.45 trn in lockdown between Mar 1-May 15

State-owned banks launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March

Launch pad: Centre opens up space sector for private players to grow

Private players would be allowed to use the Indian Space Research Organisation's (ISRO) facilities to improve their competencies

Local conditions likely to guide next phase of lockdown: Shivraj Chouhan

Poor people and those running small-scale industry are suffering due to extended lockdown, he said

Expect a stimulus, even at the cost of high fiscal deficit: Venu Srinivasan

The government has given loans and ensured that companies, SMEs in particular, dont sink due to the crisis

Gujarat eases labour laws, offers land to firms shifting base from China

The state government also offered land and infrastructure for companies and projects that were looking to shift base from China to other destinations

Govt must work to revive consumption, not worry about rating: Rahul Gandhi

Congress wants lockdown lifted across country on May 18, save hotspots; Gandhi urges Centre to make citizens 'psychologically' prepared to for lockdown exit

Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis

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.

UP govt plans daily evacuation of 45,000 stranded labourers amid lockdown

Yogi government urges Maharashtra to dispatch 10 trains a day

As lay-offs loom over IT-sector SMEs, Telangana urges Centre to act

It has sought a series of measures to ensure enough cash flow to the SMEs to avoid layoffs.

Biggest challenge for small firms is surviving the next 3-6 months: Holland

"Following the massive fiscal packages and central banks 'backstopping' the bond and credit markets globally, all the markets have risen sharply from the lows seen in March"

Coping with the lockdown

Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP

Covid-19 impact: Travel, hospitality stare at revenue loss of Rs 5 trillion

With 40 million jobs at risk, the industry has sought a bailout package

More than a third of SMEs now trading below issue price: PRIME Database

Among the 247 actively traded scrips, 17 have shed more than 50 per cent this calendar year. About 40 per cent have slid more than the Sensex, which is down 23 per cent year-to-date

I-T dept releases Rs 5,200 cr refunds to over 800,000 small businesses

Further refunds of about Rs 7,760 cr to be made soon, GST refund claims of Rs 3,800 cr also processed

Don't exhaust ammunition, hold some for backlash, Rahul Gandhi advises govt

Calls for categorising areas into 'hot zones' and 'safe zones', and ramping up random testing to remain ahead of the virus instead of chasing it

Economy needs more govt support

Lockdown was a brave decision. Now, policy-making requires a similar display of boldness

Covid-19: World Bank sees FY21 India growth at 1.5-2.8%, slowest since 1991

It estimated India will grow 4.8 per cent to 5 per cent in the 2019-20 fiscal that ended on March 31

Indices soar 4% on stimulus hopes, end short week with 13% gain

Domestic stimulus hopes, oil talks lift sentiment

Coronavirus lockdown will hit asset-backed securities' performance: Moody's

Auto loan delinquencies to rise in the coming months

Coronavirus lockdown: Rs 60k-crore income support plan for poor in works

The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt