India Economy

COVID-19

COVID-19 Threw Away Our Traditional Wisdom: Dr. Viral V. Acharya

Reserve Bank of India's former deputy governor and Indian economist talks about the role of micro entrepreneurs in nation building and how financial institutions can play a crucial role, especially during the pandemic

Covid-19 Led GDP Contraction of India Steepest Among Major Economies

In comparison to the G7 nations-France, Italy, Japan, Germany, the US, Canada and the UK- India has reported steepest fall in economic growth in the April-June quarter of this fiscal year

India GDP Records Worst Historic Contraction of 23.9% in April-June Quarter

Though largely along the lines of market expectations, this contraction is the biggest ever on record and the first contraction since the government started releasing quarterly GDP numbers in FY 1997-98

Whose Loan Is It Anyway? The Indian Supreme Court's Turncoat On 'Financial Creditors'

The narrowing of the definition of financial creditors has threatened the position of guarantors and those who lend basis security

How Proper Implementation Of Loan Restructuring Plan Will Help Corporate And MSME Sectors

Though to contain the effect, the government announced a relief package of over INR 20 lakh crore, but the elongated impact of the COVID-19 has a spiral downward impact on the economic activity

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COVID-19

SMEs Remain the Backbone Of Our Economy

In the last few years, the SMEs have stood out as the key driver behind the economic development of the country.
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COVID-19 and Lockdown: Impact on MSMEs and Expectations From Government

With adverse outcomes looming large on the economy, government intervention and relief measures are the need of the hour to minimise the damage being caused to industry, economy and livelihood of many.
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Coronavirus: The Shift From Fear Of Supply To Fear Of Demand

While the global financial market is taking a major hit due to the COVID-19 fear, the risk of a recession is relatively low for the Indian financial market.
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Coronavirus: World Bank Announces $1 Billion Emergency Financial Aid For India

The aid will support better screening, contact tracing, and laboratory diagnostics and help in procuring personal protective equipment as well as setting up new isolation wards.
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PM Narendra Modi Appeals For Caution Amid Coronavirus Outbreak

From setting up an economic task force to addressing the recent panic buying of consumers, the Indian Prime Minister listed out a few things that the government was doing to fight the pandemic. He also appealed for a nationwide self-imposed curfew on Sunday and asked citizens not to burden the healthcare system unless absolutely necessary.
Union Budget 2020

[Budget 2020] Seed Funds, ESOP Tax Deferral By 5 Years Announced For Start-ups

Finance minister Nirmala Sitharaman said start-ups "have emerged as engines of growth for our economy" and announced some key policies benefiting the community
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Expectations Of a Young Entrepreneur From Union Budget 2020

While it is expected that the Budget's focus is going to be on measures that can revive the struggling economy, a focus on more investment in information technology is required
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IMF Cuts Growth Outlook For India to 4.8% for FY20, Drags Global Number Down

The agency cut the country's 2019 economic growth from the 6.1 per cent that it estimated in October, citing a sharper-than-expected fall in domestic demand and stress in NBFCs leading to a decline in credit growth.
indian economy

4 Worrisome Economic Indicators for the Indian Economy

It is no news that the Indian economy is in a sluggish phase since the past few months. Although the government has been pulling out all stops to revive the economy, numbers are indicating otherwise.
Indian startup ecosystem

As Indian Start-up Ecosystem Evolves, Greater Diversification of Ideas and Space on the Cards

The last decade saw Indian entrepreneurial space gather immense pace with 49,000 start-ups taking off between 2008 and 2018