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    Just in:   • Equity indices in green, Sensex above 35,500  • Much-awaited funding scheme launched for distressed MSMEs  • N.Korea suspends military action plans against South  • More trouble brewing for Videocon's Dhoot, ED likely to register case  • Google says news publishers retain 95% of revenue with its Ad Manager 
    Last updated: 25 Jun, 2020  
     Editorials
    RBI.Thmb.jpg Rate cut transmission
    Bikky Khosla | 23 Jun, 2020
    Amid the ongoing COVID-19 crisis, the Reserve Bank of India (RBI), in an out-of-turn Monetary Policy Committee (MPC) meeting last month, reduced the key interest rate or the repo rate by 40 bps. In another relief to commercial borrowers, the central bank extended the loan repayment moratorium for another three months till August 31.  
      Read more....
    Rupee.9.Thmb.jpg Loan disbursal under ECLGS
    Bikky Khosla | 14 Jun, 2020
    Public sector banks have sanctioned loans worth Rs 29,490.81 crore under the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) as of 11 June, 2020. Of this, an amount of Rs 14,690.84 crore has already been disbursed. 
      Read more....

    msme-THMB-2010.jpg MSMEs redefined
    Bikky Khosla | 08 Jun, 2020
    In a notification issued last week, the Micro, Small and Medium Enterprises (MSMEs) ministry revealed that the new definition of MSMEs will come into effect from July 1, 2020. So, the long wait is over now. 
      Read more....
    India.Growth.9.Thmb.jpg GDP data: Economy needs more support
    Bikky Khosla | 02 Jun, 2020
    India's GDP growth rate fell to 3.1 percent in the last quarter of FY 2019-20 against 5.7 percent rise reported for the like period of the previous fiscal, resulting in 4.2 percent fall in overall growth for the whole fiscal 
      Read more....

    RBI.Thmb.jpg Welcome measures by RBI
    Bikky Khosla | 25 May, 2020
    The Reserve Bank of India last week reduced lending rates by 40 basis points to 4 percent from 4.40 percent after a yet another out-of-turn Monetary Policy Committee meeting. 
      Read more....
    msme-THMB-2010.jpg MSME stimulus
    Bikky Khosla | 19 May, 2020
    The micro, small and medium enterprise (MSME) sector, which has been hit hard by the economic shock caused by the Coronavirus pandemic, received a major relief in the form of a tailor-made stimulus package 
      Read more....

    Exports.9.Thmb.jpg Exports opportunities arising out of COVID-19
    Bikky Khosla | 12 May, 2020
    A global rating agency last week said that the Indian economy will not grow in the current financial year due to the “deep shock” triggered by the Coronavirus outbreak. No doubt, the ongoing nationwide lockdown has severely impacted the economy 
      Read more....
    Locked generic THMB Reviving economy post lockdown
    Bikky Khosla | 05 May, 2020
    The Coronavirus lockdown has been further extended, but the Centre this time introduced several relaxations. The decision came at a time when the country’s total number of COVID-19 cases has climbed over 42,500 
      Read more....

     

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    Japanese Yen 58.85 56.85
    As on 25 Jun, 2020
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      Commented Stories
    » China's forex reserves reach USD 2.85 trillion(1)
    » Indian SMEs increasingly adopting Cloud technologies: GCR Director(1)
    » 'MSME sector's revenue may fall 17-21% on Covid-19 crisis'(1)
    » Loan disbursal under ECLGS(1)
    » Quick disbursal of credit to MSMEs crucial: Modi(1)
     
     
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