Bankers, govt officials oppose interest sop in moratorium period
The moratorium, which is now available for six months starting March 2020, was meant to provide some temporary relief to borrowers – both individuals and companies – in case they were facing a cash crunch due to the coronavirus pandemic.
Reserve Bank sets up a Rs.500 crore digital payments infra fund
The central bank has made an initial seed contribution of Rs.250 crore to the...
View: Time for an Urban Employment Guarantee Programme
Lockdown has largely impacted urban India. Rural India, especially agriculture, is in ...
Incentives on cards to push Industry 4.0
Industry 4.0 will have as its mainstay increased digitisation and interconnection of products, value chains and business models.
Govt may provide tax incentives for startups in Budget
Startup India initiative of the government aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth of budding entrepreneurs.
Cabinet approves MSME, farm support measures
Street vendor loan scheme approved; Kharif minimum support prices raised.
View: Future of global economic order
With the shifts in global economic order, political landscape and social behavior all taking place simultaneously, it is safe to say we have only begun to get a glimpse of what the other side of the pandemic has in store for humanity. While an industrial revolution was already in progress, the pandemic has accelerated the process and created even more complications.
PM Modi to share his vision on 'Getting Growth Back' with India Inc on Tuesday
The day-long virtual event on the theme 'Getting Growth Back' will also witness participation from top corporate honchos like Piramal Group Chairman Ajay Piramal, ITC Ltd CMD Sanjiv Puri, Biocon CMD Kiran Mazumdar-Shaw, SBI Chairman Rajnish Kumar, Kotak Mahindra Bank CEO and CII President-Designate Uday Kotak and CII President Vikram Kirloskar.
An enlightened board can play a pivotal role in helping organisations navigate through tough times
Unfortunately, most enterprises are not adopting this view. Instead, they are making incremental changes for realising short- to medium-term operating efficiencies.
Indian Banks may need $20-50 bn capital over next 1-2 years as bad loans set to rise
Fitch Ratings has pegged the total capital requirement for India's banking sector at $50 billion.
London’s Gatwick Airport offers incentives to attract Indian carriers
While Vistara and IndiGo are on the verge of starting off with flights to the British capital and slots at the main Heathrow Airport, London's Gatwick Airport is looking to attract Indian carriers. Gatwick is not just the second largest airport in the UK but is also working to create new slots at the airport by increasing efficiency in the system.
Incentives would help raise exports from India: Xiaomi
We have already started exporting from India to neighbouring countries. If everything goes right, we can think of exporting to other parts of the world. But it is a function of two things. One is standardisation, second is incentives, says Xiaomi India MD Manu Jain.
View: Can India benefit from the world’s frustration with China?
India lacks the sophisticated infrastructure which gives China an edge in manufacturing.
Covid19 Impact: Facility management companies ensure workers’ engagement with extra incentives
The companies are doing so to ensure worker engagement, and several clients are ready to pay for this. Workers are also being provided food, temporary accommodation, and hygiene support and their safety is taken care of as well. Top facilities management companies in India employ lakhs of blue-collar workers.
Corporate tax rate cuts: New contract manufacturing units eligible for 15 per cent tax benefit
Companies opting for 22% tax regime won’t be eligible for minimum alternate tax credit.