> The 26 sectors specified by the panel are: Power, construction, iron and steel manufacturing, roads, real estate, trading wholesale, textiles, chemicals, consumer durables/FMCG, non-ferrous metals, pharma, logistics, gems and jewellery, cement, auto components, hotels, mining, plastic products manufacturing, automobile manufacturing, auto dealership, aviation, sugar, port and port services, shipping, building materials, and corporate retail outlets. … [Read more...] about KV Kamath committee report on loan restructuring for sectors: What does it mean?
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Funding employee resource groups (ERGs). Katie Dunlap, from YourCause, defines ERGs as “groups of employees with shared interests who come together to support each other and learn from one another. ERGs typically align around demographics or life circumstances. ERGs are often a place where professional and personal development, support, information sharing, community outreach, networking, recruiting, and shared experiences are found. These groups are a safe space for those who self-identify to find support, but they are also a place where allies of that group can show and find support as well.” We currently have two ERGs, Out at Zapier and Womxn of Zapier, and we’re working on adding more. … [Read more...] about How to change the way we view women’s worth at work
Banks sanction Rs 1.63 lakh crore to 42 lakh MSMEs under credit guarantee scheme Retail inflation to come down with easing of lockdowns: CEA K V Subramanian India's coal import drops 35% in August on lower demand from power, cement players … [Read more...] about EPFO board meeting today: What to expect
India government recently banned popular battle royale game PUBG Mobile as part of a ban on 118 Chinese apps. The app was also only recently taken down from the Google Play Store and Apple App Store, while a network ban seems inevitable. But while PUBG Mobile developer Tencent gears up to challenge Indian authorities on the ban, Bollywood actor Akshay Kumar announced an Indian-made alternative to PUBG Mobile, titled Fearless And United Guard (FAU-G). … [Read more...] about What is FAU-G, India’s alternative to PUBG Mobile
"Although gross and net non-performing asset ratios had come down in March 2020 along with receding slippage ratios, the economic fallout of the pandemic is likely to test this resilience, especially since the regulatory accommodations announced in the wake of the outbreak have masked the consequent build-up of stress," the RBI said. … [Read more...] about Interest waiver on loan moratorium case | Here’s what has happened so far