The transmission of a virus with flu-like symptoms has pushed world economies to an unprecedented standstill. To combat an impending economic depression and prevent a spate of homelessness, the government announced several rent relief measures looking out for tenant’s interests. However, the virus-induced nationwide lockdown has not only lead to large-scale ramifications for businesses across […]
The willful, negligent and unmindful attitude of the Chinese authorities has led to the catastrophe of COVID-19. While some consider the inaction and lackadaisical behavior of China coupled with suppression of information as “treason against humanity”, the possibility of maintaining a successful lawsuit against our neighbor has to be explored rigorously. There have been a […]
Moving to a new house is a pleasant feeling but the number of sacrifices and efforts you can make to become a homeowner can be destroyed if the construction business is in danger. With so much turmoil and delay due to the coronavirus, all industries, including the real estate sector, have been hit hard. 2019 was […]
With the Novel Coronavirus (COVID-19) removing the plug from a growing economy with a nationwide lockdown, disrupted supply chains, and mass unemployment, the government’s decision to reopen the country in a phased manner is a breath of fresh air. As part of Maharashtra’s Mission Begin Again Phase 5, the hospitality industry can reopen from Wednesday 8 July, […]
While most employers announce a retrenchment, the aftermath is not a very easy phenomenon to go with. Since the inception of the Covid-19 pandemic, employees across industries have been staring at significant pay cuts if not a layoff. Undeniably, things are uncontrollable on all fronts, while adjusting with the new normal is what we have […]
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 […]
