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Dividend moratorium, salary cuts - India Inc should take cues from banks, govt

Last week when the RBI permitted banks to allow a moratorium of three months on payment of instalments on all term loans, PSBs started announcing an automatic deferral of instalment for all

GST collection dips 11% in March; steeper drop expected in April, May

Various research firms and rating agencies have estimated that economic activities during the lockdown period would drop to 20-30 per cent level, and since two-thirds of the lockdown period falls in April, the impact would be visible more in the May

Coronavirus impact: 50% restaurants to shut if lockdown extends; Zomato, Swiggy business down 10%

Only 5-6 restaurant chains have enough cash reserves to sustain more than a month, the sector will need government's help if there's no improvement after May

Coronavirus in India Highlights: Active cases in India rise to 1,649; death toll at 41

India coronavirus latest coverage live: According to Ministry of Health and Family Welfare, the total confirmed cases of coronavirus, as on April 1, 2020, 7:30 pm, stand at 1,834

Biz EOD: GST at 5-month low; auto sales crash; MSMEs to get relief package

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

 
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