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
Coronavirus Outbreak: India’s GDP growth likely to range between decline of 0.9% and growth of 1.5% in FY21, says CII
India's GDP is likely to range between a decline of 0.9 percent and a growth of 1.5 percent in the current financial year, with the economy undergoing a "turbulent" phase caused by the coronavirus-induced lockdown, according to a report
Coronavirus Outbreak: Ajit Pawar urges Piyush Goyal to run special trains for migrants after lockdown ends on 3 May
According to an official statement, in a letter to Goyal, Pawar said that the migrant workers, stranded in different parts of Maharashtra, may step out in big numbers to return to their states when the train services resume after the lockdown is lifted.
Coronavirus Lockdown: Gurugram administration permits Maruti Suzuki to operate Manesar plant on a single shift basis
The company said it will resume operations only when it can maintain continuous production and sell vehicles, "which is not possible at this point of time"
Coronavirus Outbreak: Small business credit worth Rs 2.32 lakh cr at highest risk of default, warns CIBIL
Small business credit of Rs 2.32 lakh crore is at the highest risk of default, and micro enterprises having loan outstanding of less than Rs 10 lakh are the most vulnerable because of the COVID-19 pandemic, a credit information company said on Wednesday
The coronavirus pandemic is having a "deep impact" on Indian businesses and has already caused an unprecedented collapse in economic activities over the last few weeks, says an industry survey released on Tuesday
City-based consumer protection forum Mumbai Grahak Panchayat on Monday urged the civil aviation ministry to direct airlines to refund customers for the cancelled flights based on the date of travel and not as per the date of booking and has sought suitable modification in 16 April order on this issue
Mahindra Logistics has launched an initiative that has a provision for providing Rs 3,000 each to drivers impacted by the COVID-19 lockdown
Coronavirus Outbreak: Availability of components critical to restart manufacturing operations, say automakers
Major carmakers like Maruti Suzuki, Hyundai, Toyota and Honda have not yet resumed production at their factories stating that availability of components is a prerequisite to re-start operations at factories, which continue to remain inaccessible due to the nationwide lockdown
Coronavirus Outbreak: Oil PSUs to re-start over Rs 42,000 cr of projects as lockdown restrictions ease
State-owned oil firms will resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect as the country partially exited from an unprecedented nationwide lockdown on Monday
Apparel exporters body AEPC on Monday urged the government to pay wages of workers, engaged in the sector, for April and May as the community is battling to deal with the lockdown due to Covid-19
Industry body Nasscom has urged the government to expand the list of essential items to include products like laptops and routers to facilitate work from home amid the lockdown
Coronavirus Outbreak: Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees
Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of Covid-19
Coronavirus Outbreak: Domestic, international flight restrictions to be lifted when COVID-19 is controlled, says minister
Restrictions on domestic and international flights will be lifted when the government is confident that the spread of coronavirus has been controlled, and poses no danger to Indians, Civil Aviation Minister Hardeep Singh Puri said on Monday, amidst reports of some airlines doing open bookings
Coronavirus Outbreak: Fitch Solution cuts India's FY21 GDP growth forecast to 1.8%; says pvt consumption to contract
Fitch Solutions on Monday cut India's economic growth forecast for the financial year 2020-21 to 1.8 percent saying private consumption is likely to contract due to large-scale loss of income in the face of worsening domestic outbreak of COVID-19
A day after Union Minister Hardeep Singh Puri advised airlines to open bookings only after the government takes a decision on resuming passenger flight services, Vistara and AirAsia India said on Sunday they have not received any notice from the aviation ministry on this matter
Stock markets trade in green: Sensex rises 400 points, Nifty stays at one-month high in opening session; HDFC bank jumps 5.2%
The Sensex surged over 400 points in opening trade on Monday led by gains in index heavyweights HDFC twins and Infosys amid positive cues from global markets.
Coronavirus Outbreak: NHAI to resume toll collection on national highways from 20 April; transporters' body AIMTC opposes move
Replying to communication from NHAI, the ministry said the authority in letters dated 11 April and 14 April had highlighted reasons for resuming the collection of user fee on national highways, saying that the Ministry of Home Affairs has allowed a lot of activities with effect from 20 April, including commercial and private establishments and construction work.
The real estate industry on Friday hailed RBI's decision to boost liquidity into the system and provide relief to loans taken from NBFCs for commercial projects, but sought one-time restructuring of their loans and a stimulus package to help the sector in battling the crisis caused by the lockdown to control COVID-19
Domestic passenger vehicle (PV) dispatches are likely to decline by 10-12 percent in the current financial year due to COVID-19 pandemic, rating agency ICRA said on Friday