RBI announces more measures to deal with economic fallout of COVID-19
In a statement, the RBI said presently value of goods or software exports made by the exporters is required to be realised fully and repatriated to the country within a period of 9 months from the date of exports.
View: Post lockdown, expect fiscal discipline parameters to be changed
Once the situation of pandemic is brought under control which could ta...
USA announces $2.9 million package to help India combat COVID-19
The USA has announced a $2.9 million assistance package for India to help th...
Real estate investment companies look to cash in on slowdown
According to PropShare Capital, a real estate investment platform, the asset rates are under pressure in the current scenario and lower asset acquisition cost for investors will ultimately lead to better yields later.
GDP likely to grow just 2% in 2020-21: Icra
Despite the Reserve Bank of India's (RBI) massive actions to spur the economy, India's gross domestic product (GDP) is likely to contract by 4.5 per cent in the April-June 2020 quarter and will rise by only 2 per cent in 2020-21 on the coronavirus impact, according to domestic rating agency Icra.
COVID-19: Indian's economic growth likely to decline by 200 bps in FY21, says Yashwant Sinha
Sinha, who has been quite vocal about the Modi government's policies in the last couple of years, noted that the Indian economy has been on a downward trend for 7-8 quarters now, and the decline started long before the coronavirus outbreak.
PM pitches for new crisis management protocol at G-20 video conference on coronavirus
As the world reels under the coronavirus pandemic, Prime Minister Narendra Modi on Thursday urged the powerful G-20 grouping to put human beings rather than economic targets at the centre of the vision for global prosperity and cooperation.
Base metals tumble as virus-related curbs deepen slowdown fears
Benchmark three-month copper on the London Metal Exchange (LME) was down 6.3 per cent at $4,509 a tonne.
Battling COVID-19: What the industry wants
CII has suggested a bouquet of measures to help businesses battling the 21-day shutdown
Nikunj Dalmia of ET Now on converting market crisis to opportunities
Nikunj Dalmia on stock market crisis: These are the times when you don't panic and if you stay calm, stay committed to your financial planni...
Coronavirus sinks U.S. business activity to record low: IHS Markit
U.S. business activity contracted further in March, hitting a record low as the coronavirus pandemic depressed activity in both the manufacturing and services sectors, bolstering economists' views that the economy was already in recession.
US clean energy sector seeks subsidy help to confront slowdown
The clean energy sector is one of the nation's most important economic drivers. But that growth is placed at risk by a range of COVID-19 related impacts.
After slowdown FM radio industry faces Covid-19; seeks government support
The Covid-19 pandemic is now destroying the industry. FM radio now desperately needs support from the government: short-term life support as well as long-term policy support. AROI, the FM broadcasters’ association has written to Prakash Javadekar, minister for information and broadcasting, seeking his urgent intervention.
Modi’s ‘stay at home’ call may deepen India’s economic slowdown
Shrinking output may limit growth in an economy that’s already set to expand at an 11-year low of 5% .
Coronavirus impact: Over 50% of India Inc sees impact on ops, 80% witness fall in cash flow
The findings were based on interactive sessions and survey conducted by Ficci amongst the industry members.
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