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UP steps up efforts to reach out to 74 global firms looking to exit China

European Business Group hails covid-19-induced labour reforms in UP; state goes online to connect with five nations and companies like Microsoft, Dow and IBM and showcase investment opportunities

Public sector banks sanctioned Rs 5.66 trn in loans during March-April: FM

During March-April 2020, PSBs sanctioned loans worth Rs 5.66 lakh cr for more than 41.81 lakh accounts

UP govt plans daily evacuation of 45,000 stranded labourers amid lockdown

Yogi government urges Maharashtra to dispatch 10 trains a day

Covid-19: PNB opens emergency credit line for MSMEs to enhance liquidity

There is a facility of standby line of credit for MSMEs as well as PNB COVID-19 Emergency Credit Facility (PNB-CECF), the bank said

Chennai MSMEs allege bias in grant of permission to restart operations

They say they may end up losing the orders on hand to units in other belts; may not be able to pay April wages; foresee law and order problem with agitated labour

Depleting factory assets, market shutdown put metal SMEs' survival at stake

These units continue to incur costs like wages and interest on loans; worse, shipping lines and container services continue to dump them with demurrage in defiance of official directives

Covid-19 outbreak: For big electrical players, lockdown only a blip

Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.

Manmohan opposes DA hike freeze; Sonia writes to PM on MSME package

The Congress posted excerpts from a video conference of the party's recently constituted 11-member consultative group

Sonia Gandhi writes to PM Modi seeking economic package for MSMEs

Gandhi emphasised that the MSME sector is suffering around Rs 30,000 crore loss every day due to the lockdown

Working on Rs 1 trn fund for MSMEs to provide liquidity: Nitin Gadkari

Move may see Govt tap into Rs. 80,000 crore worth of ESIC funds

80% of Odisha's MSMEs facing closure, seek PM's help amid Covid-19 crisis

As a fall-out of the nationwide lockdown, the small and micro scale industries in the state are facing severe hardship

Covid-19 crisis: SBI to disburse Rs 700 cr to MSMEs in Mumbai by June

Among all banks, SBI controls a market share of 22% in the MSME lending

Gadkari hints at further easing of Covid-19 lockdown in next 15 days

Calls for decentralisation of industrial activity, says relaxation in Delhi and Mumbai it could be difficult

Coping with the lockdown

Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP

Covid-19: Post paycuts, young salaried look up to P2P platforms for loans

With no upper limit, the interest rates in the platform can go as high as 35 per cent, on a reducing balance

Can rate cut force banks to lend?

Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost

Covid-19 crisis: UP readies for post-lockdown industrial sector reboot

Adityanath government institutes exclusive cells to help industries

Covid-19 has given Modi an opportunity to wield the power of his popularity

Our informal economy and Centre-state coordination are helpful factors, but harsh measures could leave a deep impact on society

Stop or slow?

A quick economic recovery requires that we keep people employed and the economy ticking over

Market Ahead, April 15: All You Need To Know Before The Opening Bell

Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent