Pre-packs are popular in many countries as an alternative to lengthy insolvency processes as they are faster, cheaper and are done with statutory sanctioning

Kant, while addressing a virtual FICCI event, further said the government is finalising its plans to expand its production-linked incentive (PLI) scheme to more sectors for boosting domestic manufacturing

Digital health will improve care quality significantly since patient behaviour will improve as they are able to better access healthcare, stated the report. New healthcare models will evolve with analytics on aggregated and anonymised data

Venkaiah Naidu is asymptomatic and is not experiencing any health issues; he is currently under home quarantine

Office segment accounted for 24 per cent of the total PE investment at USD 207 million (around Rs 1,500 crore) till August of this calendar year

According to a statement, Adityanath while presiding over a meeting of high level Empowered Committee of 'Invest UP', said Noida will be developed as the biggest hub in north India

Sectors that would be the focus of discussion are hospitality, textile and real estate. Measures to boost the micro, small and medium enterprises (MSMEs), one of the worst affected sectors, would also be discussed

Several factors will influence residential real estate revival in post-COVID-19 times; for instance, property prices have remained range-bound with weighted average prices across the top seven cities

Asian markets that traded mixed earlier, retreated to bullish momentum by the afternoon session today, as market participants awaited the outcome from the Federal Reserve concluding its two-day policy meeting on Wednesday.

Addressing the FICCI National Executive Committee Meetingm, RBI Governor Shaktikanta Das expressed that the GDP data for the first quarter (Q1) of FY21 was a telling reflection of the \"ravages of the COVID-19\"

RBI Governor outlines whole rationale and reasoning behind restructuring scheme, says it has to be a very balanced and careful call on part of the RBI

Representatives of various industry bodies suggested that banks should not charge interest on interest and instead only recover the cost of finance from borrowers who availed moratorium on loans

However, the Ministry of Electronics and Information Technology (MeitY) is in favour of extending the import duty concession that helped in bringing investments into TV manufacturing

A private highway contractor said that in states like Tamil Nadu, West Bengal and Maharashtra there were issues related to supply of cement due to localised lockdown but situation is now getting better

The Industries minister also suggested that there may be a moratorium of no or minimal government interference for at least a year to help the industry get back to growth, said a Delhi government statement

The Reserve Bank of India had earlier given the freedom to banks to decide the rules of retail loan restructuring, while a high-powered K V Kamath committee was formed to suggest parameters for corporate restructuring

Finance Minister Nirmala Sitharaman on Wednesday said that banks would be the catalysts for economic revival

Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown

Finance Minister Nirmala Sitharaman has said that good inflow of foreign direct investment (FDI) even during coronavirus times shows foreign investors have taken India's commitment to economic reforms seriously

The Commerce Minister says focus on these 24 products/sectors will also provide scores of job opportunities, expand economic activities in the country and lead the way for India's rightful place in the world