Personal Finance and Covid-19: The Changing Times of Saving and Spending
In the new world, suddenly income has vanished, reduced, or settled at an extremely meagre amount leading to new risks. The risks have led to new dimensions of saving and spending that represents a forgotten luxury. As we switch from fear to a phase of gradual restart and hope for recovery, the questions about personal […]
Money and Coronavirus: A financial protection guide
The relief to retrenchment and layoffs is not much ubiquitous in the Coronavirus saga. With the sudden businesses closure and unemployment in massive numbers, the world counters times like never before. While we spend a disproportionate time anticipating the future, confusion and fear lingers over our present whereabouts. It is more sensible to respond to […]
The Sinking Hospitality Industry
With international borders sealed, suspension of movement across the country and the declaration of the nationwide lockdown, the hospitality industry witnesses an unprecedented truncated phase in history. Adding to the persisting nemesis comes panic and dread for travel amongst people. The hospitality industry feels the heat as travel becomes a long-forgotten phenomenon in this Covid world. The occupancy […]
Financial literacy a must for the right decision-making
Indian financial markets have turned increasingly complex for the common man, and a necessity has arisen to increase financial literacy to enable people to make informed decisions. Financial literacy consists of knowledge of financial concepts such as spending, saving, borrowing, investing, etc., and using it to manage personal resources efficiently. Individuals faced with having to […]
Distribution Of Rs 20 Lakh Crore Package
The Finance Minister made the fine print of Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyan economic package, India’s economic response to Covid-19 pandemic by the announced in her 5 days of economic stimulus press conferences. The package of Rs 20 lakh crore has been divided between measures that the government is taking now and the measures […]
Will Corporate Tenants Disappear In The Pandemic?
Stock market crashes, mass unemployment, and disruptions hinting a recession – are only the tip of the iceberg and its underlying repercussions are likely to unfold with time. The COVID-19 pandemic is adversely affecting commercial real estate (CRE) as it continues to wreak havoc in industries throughout the economy. For many years, the primary declining […]
Legal Aspects of Landlord-Tenant Disputes in Commercial Realty
Increasing unemployment levels, stock market crashes, and supply chain disruptions are only some of the effects of the COVID-19 outbreak. Many more underlying repercussions shall unfold over time. With most Indian businesses adversely affected owing to the nation-wide lockdown implemented by the Central Government to curb the spread of the virus, the Commercial Real Estate Sector (CRE) […]
The impact of COVID-19 on the landlord-tenant relationship
Sequoia Capital, a leading venture capital company, termed the novel Coronavirus as the ‘Black Swan of 2020’. Black swans are rare, and so is this virus. The pandemic has been spreading at an alarming rate, pushing economies to an unprecedented standstill, and placing a period on the rental incomes of landlords. In the wake of […]
COVID-19: The rising prominence of Force Majeure under RERA
The slow-balisation of world economies due to the COVID-19 outbreak has frozen funds, immobilized citizens and put a halt to the growth of several industries. The real estate sector has not been spared, owing to lack of labor availability due to vast numbers of the same migrating back to their hometowns, and declining asset prices, […]
COVID-19: Future of MSMEs in post-pandemic India
The Small and Medium Enterprises (“MSMEs” hereafter) sector plays a central role in the global economy. MSME creates a lot of jobs, drives innovation and acts as an incubator for tomorrow’s multinational corporations. MSMEs that contribute to almost 45 per cent of India’s gross domestic product (GDP) are suffering because of both supply and demand […]