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At present, the country is under a 40-day lockdown till May 3, and there are indications of it being gradually withdrawn.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.
Home ministry clarified that penal measures will not be across the board after India Inc raised concerns
The Home Ministry order classifies areas of large outbreak, or clusters with a significant spread of the virus, as 'hotspots' or red zones.
Under the Companies Act, 2013, companies have to hold their Annual General Meetings (AGMs) within nine months from the end of their financial year.
Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny
The survey, which covered 380 firms across sectors, portrayed that most of the respondents want tax relief, demand creation and ease of compliance from the government.
Here are the top 10 headlines for Tuesday
The Dun & Bradstreet Composite Business Optimism Index stood at 49.40 per cent for Q2 2020 (April-June), a record low and worse than during the 2009 financial crisis.
Analysts have already predicted that due to the lockdown, India's economic loss will be close to $ 234.4 billion or 8.1% of GDP
This comes even as supply chain constraints and labour shortage remain
The index fell to 42.9 in the quarter, against 59 in the previous quarter
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.