Page 22 - Msmes

Sonia Gandhi writes to PM Modi seeking economic package for MSMEs

Gandhi emphasised that the MSME sector is suffering around Rs 30,000 crore loss every day due to the lockdown

Working on Rs 1 trn fund for MSMEs to provide liquidity: Nitin Gadkari

Move may see Govt tap into Rs. 80,000 crore worth of ESIC funds

80% of Odisha's MSMEs facing closure, seek PM's help amid Covid-19 crisis

As a fall-out of the nationwide lockdown, the small and micro scale industries in the state are facing severe hardship

Covid-19 crisis: SBI to disburse Rs 700 cr to MSMEs in Mumbai by June

Among all banks, SBI controls a market share of 22% in the MSME lending

Gadkari hints at further easing of Covid-19 lockdown in next 15 days

Calls for decentralisation of industrial activity, says relaxation in Delhi and Mumbai it could be difficult

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: Post paycuts, young salaried look up to P2P platforms for loans

With no upper limit, the interest rates in the platform can go as high as 35 per cent, on a reducing balance

Can rate cut force banks to lend?

Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost

Covid-19 crisis: UP readies for post-lockdown industrial sector reboot

Adityanath government institutes exclusive cells to help industries

Covid-19 has given Modi an opportunity to wield the power of his popularity

Our informal economy and Centre-state coordination are helpful factors, but harsh measures could leave a deep impact on society

Stop or slow?

A quick economic recovery requires that we keep people employed and the economy ticking over

Market Ahead, April 15: All You Need To Know Before The Opening Bell

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

Coronavirus impact: Confusion, despair grip MSME cluster in Okhla

A sense of hopelessness pervades the streets in Delhi's Okhla, with row of parked trucks and an ominous silence

States want up to Rs 10-trn package from Centre, deficit financing from RBI

Last month, Union Finance Minister Nirmala Sitharaman had announced a Rs 1.70 trillion central package

Under pressure from states, Centre considering extension of lockdown

States fear lifting curbs will worsen Covid situation

Only consumer goods may see green shoots amid coronavirus pandemic

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

Karnataka exempts aerospace and defence firms from Covid-19 lockdown

Indian aerospace and defence firms believe that uninterrupted and timely supply remains critical for their credibility

ILO welcomes G20 leaders' commitment to overcome coronavirus challenges

Ryder joined the G20 Extraordinary Leaders' Summit on Covid-19 via video link, which was hosted by Saudi Arabia

Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Package announced includes both food security and cash transfer components

Coronavirus lockdown set to cost India $120 bn, forecast brokerages

Experts suggest a rate cut along with loan forbearance and a special liquidity window for banks and NBFCs