The fresh guidelines issued by the state government allows hospitality entities like hotels and lodges to provide accommodation services, outside containment zones to reopen, unless being used as a quarantine center. The permission for reopening is highly conditional and ought to be done adhering to social distancing norms vigorously. Notably, public utility services like gymnasiums, […]
As India continues fairly in the race of increasing Covid-19 cases, globally, the IRDAI directive to mandatorily offer a standard health insurance policy for all policy holders, is much required. Provision for covering all hospitalisation expenses along with consumables like PPE, gloves, mask and other similar utilities, shall provide immense relief to consumers expending for […]
The watchdog and facilitator of monetary exchange recently proposed a new set of rules for the purpose of governing sales of stressed assets, which would entail greater flexibility to the lenders in the pricing of loans and in taking decisions as to whom they should sell to. RBI has released two draft frameworks to facilitate […]
Among the many changes, Covid-19 has brought to our lives is attention to statistics on a daily basis. A number of infected cases, tests, hospitalization, deaths, recoveries. People from all walks of life have shown interest in these statistical figures. Every now and then, some international institution produces GDP growth statistics as well. These get […]
The intersection of global emergency and revolutionary changes in the ways of international payments and transactions has demanded a new path to maintain financial liquidity in the markets. Since the inception of the pandemic in December, businesses across the country have been facing volatile financial markets and growing concerns on the uncertainty of future cash […]
Non-banking finance companies (NBFC) constitute around 9% of total assets of the Indian financial sector. So, insulating them from potential bankruptcy has become imperative for the Reserve Bank of India (RBI) to ensure financial stability. And last week, the RBI unveiled a scheme aimed at improving the liquidity condition of NBFCs. The RBI announced that […]
The government-enforced lockdown has brought all economic activities to a jerking halt. The performance of the segment was muted owing to the prevailing liquidity crisis and subdued demands. The creation of the Rs 25, 000 crore fund and interest cuts did propel the industry towards recovery, to which beans were spilled by the pandemic. The structural […]
We are seeing a phenomenal circumstance, which not just has upset all our financial and hierarchical standards hereto, yet additionally has profoundly influenced our connections – both relational and social. In practically all the large urban communities where there is generally more convergence of vagrant workforce, stewing anxiety and discontent is unmistakable regarding the issue […]
The dent in new launches, the increasing number of indefinitely-deferred projects, and the persisting slowdown aggravating at a steady pace depicts a gloomy picture for Indian realty. The reliance on hefty loans has already led to a credit crunch in the system with the measures taken by the RBI not helping as much as they […]
The Coronavirus crisis has jolted the very fabric of the Indian economy, once poised to be the world’s second-largest one. The resultant slowdown in the real estate sector, being the second largest job provider, is mercilessly affecting the fragile construction workers at the bottom rung. With the Coronavirus in the background, let us analyze the rehabilitative […]
