Extended Lockdown

Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of resolution of monetary policy statement

To mitigate the economic impact of COVID-19 outbreak, in a surprise move, the Reserve Bank of India (RBI) on Friday again reduced the key lending rates by 40 basis points

Coronavirus Outbreak: Snapdeal receives 65% orders from red zone cities on Day one of Lockdown 4.0

E-commerce major, Snapdeal on Monday said that on Day 1 of the expanded operations, the orders at Snapdeal platform grew rapidly and had crossed 2.4 times the average of the previous 15 days by 3 pm on 18th May

Coronavirus Lockdown: Maruti Suzuki resumes operations at Manesar plant on single shift basis after 40 days of closure

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has resumed operations at its Manesar plant in Haryana after around 40 days of closure due to the coronavirus-led lockdown

Coronavirus Lockdown: Maruti Suzuki India to resume operations at Manesar plant from 12 May

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it would resume operations at its Manesar plant from 12 May

Coronavirus Outbreak: RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months to help people and industry impacted by the ongoing lockdown to contain COVID-19

Coronavirus Lockdown: 88 micro financiers ready to begin operations in green, orange zones, says industry body

Microfinance Institutions Network (MFIN) on Monday said 88 micro financiers associated with it are ready to begin operations in green and orange zones

Coronavirus Lockdown: Realtors start construction in Gurugram, waiting for permission in Noida, Gr. Noida

Construction activities have resumed in some real estate projects in Gurugram with existing labour force, but builders in Noida and Greater Noida are waiting for permission from the local administration, according to industry bodies

Coronavirus Outbreak: Airports ground handling industry seeks stimulus to mitigate COVID-19 impact

Struggling in the face of the coronavirus outbreak, the domestic ground handling industry has sought stimulus package, including a moratorium on interest on borrowings, waivers on certain fixed costs and deferment of statutory taxes

Union minister Nitin Gadkari asks corporate India to clear outstanding payments to MSMEs

Union Minister Nitin Gadkari on Tuesday asked India Inc to clear huge outstanding payments to micro, small and medium enterprises at the earliest in order to ease the distress in the sector and inject liquidity into market

Centre working on scheme to reimburse pending dues to MSMEs with interest: Nitin Gadkari

The Centre is working on a scheme to reimburse pending payments with interest to micro, small and medium enterprises (MSMEs), Union Minister Nitin Gadkari said on Thursday