Economy

Recapture growth trajectory The Indian industry needs to stabilize the existing production processes and then venture into the Global markets while working out new investment strategies, said Sanjay Chadha, Additional Secretary, Department of Commerce. Also, India is looking forward to...

Global buyers to join VH&H in June Buyers from over 120 countries are expected to participate from the comfort of their home-countries to interact live with exhibiting companies at the first 'Virtual Healthcare and Hygiene Expo 2020' (VH&H Expo 2020)...

MSMEs hurt by lockdown The Government has been called for an immediate substantive stimulus of Rs.1.5 lakh crore in the form of support to the poor and support to industry especially the MSMEs. Making the call, CII pointed out that...

Ministries to address MSME issues, says JHA Agricultural sector is least affected by the COVID-19 with growth prospects compared to impacted sectors such as tourism, hospitality, aviation, etc. Stating this on 5 May 2020, Somnath Sarangi, Associate Professor, IIT, Patna,...

Give consumers a fair share While the measures taken by Competition Commission of India (CCI) are laudable, a better framework with the guidance for self-assessment would have proved to be more beneficial for the businesses in the long run given...

Put petrol prices under GST The Industry has been seeking a bold stimulus package for providing immediate relief as it is reeling under the 42-day lockdown, due to Covid-19 crisis, according to ASSOCHAM Secretary General Deepak Sood. One of the...

Restart orange zone factories The Confederation of Indian Industry (CII) called for economic contribution of districts to be taken into consideration while classifying Lockdown Zones. Districts with high economic activity should resume all industrial and business operations, including in Containment...

A year to achieve normalcy, say CEOs Sixty-five percent of the companies expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020) following the lock down since 23 Mar 2020, according to the CII CEOs Snap Poll...

Modi stresses on support for MSMEs and farmers Prime Minister Narendra Modi has stressed the need to take speedy measures to commence work on new development projects and speed up works in the infrastructure sector so as to make up...

Sood raises concern about massive economic disruption The ASSOCHAM has impressed upon the government to immediately announce an aggressive fiscal stimulus to mitigate the economic pains from the pandemic. “The government's strategy to build on the gains in the form...