“Labour law holidays” will create a labour market anarchy
Expert View: Exemption in Labour Laws by Labour Economist Prof K R Shyam Sundar,XLRI The COVID-19 crisis has adversely impacted the labour market as millions of workers, especially the migrant workers have been deprived of not only jobs and incomes but even shelter. But the sweeping exemptions offered by the UP government and the rather detailed but not...
PHD Chamber appeals Delhi government to withdraw hike in petroleum prices
While expressing apprehension about the cascading impact of increase in petroleum prices in Delhi on trade and industry such as increased transportation costs for essential and non-essential items, Dr D K Aggarwal, President, PHD Chamber of Commerce and Industry said in a press statement issued here today that industry is already reeling under huge pressure due to daunting impact of...
REASON WHY PEOPLE GIVE BREAK TO SIP
Systematic Investment Plan, commonly known as SIP, is a tool to invest in mutual funds. However, a lot of people often stop their journey of staying invested in SIPs after a time. Let’s understand the top 3 reasons why investors give a break to their SIP or stop them altogether.
Waiting for the high market to coolWhen it comes to...
Way forward for Indian Railways in the financial crisis
Authored by C P Sharma, Managing Director Daulatram Engineering Services Pvt Ltd. He is Past Chairman CII Railway Equipment Division. Finance is the lifeline of every business, be it a government or a private company. COVID-19 has had a devastating impact on human lives, economies, and stock markets. In the current state of flux, the Indian railways...
Tips to manage with available food supplies during lockdown
Contributed by Ms. Pavithra N Raj, Chief Dietician, Columbia Asia Referral Hospital Yeshwanthpur Managing the family’s diet along with working from home is a challenging job for all parents. During the lockdown they need to focus on the availability of the ingredients, planning the menu, reducing food wastage and prepare healthy and nutritious meals to build immunity and...
RBI Repo rate cut comment by industry experts
Ms. Jyoti Vaswani, CIO, Future Generali India Life Insurance Company Ltd – “Facing an economic maelstrom, global economies have begun to deliver robust fiscal and monetary response to tackle the coronavirus outbreak. Nations across the world have come up with a mixture of rate cuts, liquidity boosting measures, tax incentives, loan guarantees, wage subsidies in order to shield...
Quote on RBI announcement by Mr. Nish Bhatt
Mr. Nish Bhatt, Founder & CEO – Millwood Kane International, an investment consulting firm on RBI announcement “RBI announced a series of measures today, in an effort to boost liquidity, help the economy get back on track. The Central bank announced measures to boost inject liquidity worth Rs. 50,000cr to ease the pressure in the system. As a...
Perspective by Poddar Housing and Development on today’s RBI announcement
“”At the headline level, the liquidity support specific to NBFC is a welcome news. Reducing the reverse repo rate to 3.75% from 4% and Rs 50,000 crore booster package showcases RBI’s clear objective to safeguard the economics and strengthen the finance of the Indian society at large. NBFCs and HFCs, primary lenders to the real estate developers, will...
Perspective on today’s RBI announcement by Motilal Oswal
Mr Motilal Oswal, MD and CEO of Motilal Oswal Financial Services Given the unprecedented times we are in, it is heartening that RBI is addressing all these challenges at a war footing. We believe, the key measures announced by RBI will help inject the much needed liquidity in the system, facilitate and incentivise credit flow and provide flexibility...
Perspective on today’s RBI announcement by Mr. Shishir Baijal
Mr. Shishir Baijal, Chairman & Managing Director, Knight Frank India “We are extremely delighted and find a great sense of reassurance with the central bank taking cognizance of specific problems faced by real estate sector and proactively taking targeted measures to address those issues. The measures taken for liquidity support to NBFCs, HFCs and MFIs will meaningfully...