Macro Economy

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Sugar as payment: UP’s offer leaves a bitter tasteamong farmers

Farmers offered a quintal of sugar a month as part payment of arrears that touched ₹16,000 crore

India’s exports can bounce back on graded lockdown exit, phased resumption of manufacturing activities, says EEPC Chairman

MSMEs, facing cash crunch at working capital level, need support measures

Moody’s cuts growth forecast to 0.2% for CY20

Moody’s Investors Service on Tuesday slashed India growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March.For ...

Centre mulls extending interest subsidy scheme for exporters

Commerce Ministry in talks with FinMin, PMO on the matter

March steel output slumps 23%

India’s crude steel production fell 23 per cent to 7.38 million tonne (mt) in March as compared to the previous month, while export and import also ...

Road Ministry asks States to pay ₹ 25,000 cr for land acquisition

In a move that could increase money in the pockets of people on whose land highways would be built, Road Ministry has asked States to expedite ...

Clean energy: Gujarat, Rajasthan shine in FY20 while Karnataka retains top slot

Amid headwinds faced by the renewable energy sector in FY20, Gujarat and Rajasthan managed to add more capacities than others, while Karnataka ...

Tackling Covid-19: Over 33 crore people get benefits under PM Garib Kalyan package

The government has provided ₹31,235 crore financial assistance to more than 33 crore beneficiaries under the Pradhan Mantri Garib Kalyan Package ...

8 of 10 companies will pay full wages for lockdown period, says survey

2.4% of firms surveyed will cut jobs while 10.6% will cut salaries

Covid-19 leaves private healthcare sector in financial distress: FICCI-EY study

The Covid-19 pandemic has had an adverse impact on the private healthcare sector, resulting in 70- 80 per cent drop in footfall, test volumes and ...

Financial reporting, auditing during coronavirus days bring along its own set of challenges

Normally, March and April are busy months for businesses and auditors. But the lockdown following the cornavirus has brought along with it a set of ...

AP electricity demand plummets to six-year low to 127 million units

Heavy winds, rain disrupt power supplies on Thursday

FinMin’s monthly report indicates fiscal deficit may widen in FY2019-20

Receipts to meet 42 per cent of expenditure have to be raised in March

AP power regulator approves provisional bill for LT consumers based on previous month's consumption

The Andhra Pradesh Electricity Regulatory Commission (APERC) has given permission to the power Discoms to issue the bill in April (for the power ...

Centre lowers levies on coal to support consumers

The Coal Ministry on Friday lowered the levies on the fuel to support both power and non-power consumers.“The mark-up over the notified price for the ...

Centre should announce fiscal package of Rs 3.50 lakh crore, says SBI report

SBI Ecowrap estimates output loss at Rs 8 lakh crore due to Covid-19

Traders propose extension of lockdown till April 30

CAIT writes to PM expressing support to combat Covid-19

Near-term outlook for the commercial vehicle industry is negative: ICRA

Volumes are likely to contract further between 8-10% in FY2021, ICRA notes

Asia-Pacific region was slowing even before Covid-19 pandemic: ESCAP Survey

The health crisis should prompt countries to grow more sustainably and adopt a long-term vision for development, says ESCAP Director

Centre urges states to maintain supply chain of essential goods

Invoke stringent law against those hoarding, black marketing essentials

PE investments slump 39% YoY in Q1 of 2020: Report

However, data shows the quarter registered an increase in sum total of equity invested

PMGSY roads maintenance faces fund crisis, needs at least ₹75,000 crore for five years

India’s rural road network built under the flagship Pradhan Mantri Gram Sadak Yojna is in urgent need of repairs but states are not spending enough ...

Covid-19: How Northern Railways is doing some heavy lifting of foodgrains

loaded more than double the food grains

FMCG players begin operations across select product lines

At a time when most companies continue to reel from shortage of manpower and supply-side disruptions because of a coronavirus-induced pan-India ...

Pandemic will lead to demand, supply and financial market shock: Moody’s

The sectors that will see positive impact include remote communications; online media, online retail; sectors that benefit from supply chain relocation; and vaccine developers

Covid-19: India faces greatest economic emergency since Independence, says Raghuram Rajan

The coronavirus pandemic is likely to be the biggest economic crisis faced by India since the emergency according to former Reserve Bank of India ...

Services PMI in contraction zone, records 49.3 in March

Services sector, the biggest contributor in India’s gross domestic product (GDP), showed first big impact of Covid-19 as Purchasing Managers’ Index ...

52% of firms expect job losses due to Covid, finds CII poll

Majority of the CEOs surveyed see revenues of firms falling by around 10% in the previous and current quarters

Undeterred by lockdown, GST staff process over 10,000 new registrations

Also handle nearly 8,000 refunds using VPN

Steel companies grappling with inventory pileup

Steel companies across the country are facing troubling times as production continues but offtake has fallen drastically. “Being categorised as an ...

Engineering goods exporters face lockdown heat in top markets

EEPC wants moratorium on debtextended beyond three months

Garuda Aerospace in talks to close $15 million in Series A funding

Funds to be used for Covid-19 related city sanitisation projects

Centre asks States to ensure smooth harvesting, sowing operations

The Union government on Friday asked states and union territories to ensure smooth harvesting and sowing operations, saying agricultural activities ...

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