Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
According to the Preqin-FRG model, while earlier vintages will suffer, 2018/19 vintage private equity funds will see higher returns as a result of the pandemic.
Though caught in a complex web of challenges—liquidity crunch, flagging consumer spend, and realignment with new reforms—hope floats for the realty sector.
Tax cuts, fiscal incentives, and investment in infrastructure, are some of the demands of the corporate sector.
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.