India Insights
This page will provide latest India news, updates and insights to various topics and alerts regarding COVID-19.
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COVID-19 in 2020: Unlocking Barriers and Locking-In New Goals
Every day is a new development when it comes to COVID-19. Global positioning keeps changing, as the pandemic peaks, subsides and then creeps in again, like an accordion in action.
The Indian story has been no less unique. Whether it be expanding testing procedures, identifying dynamic hotspots, adding onto a promising recovery rate, or introducing possible treatments, we have come a far stretch from where we stood in the initial lockdown in March.
The Indian story has been no less unique. Whether it be expanding testing procedures, identifying dynamic hotspots, adding onto a promising recovery rate, or introducing possible treatments, we have come a far stretch from where we stood in the initial lockdown in March.
Aatmnirbhar Bharat
Covid-19 has caused massive macroeconomic disruption in India during the last couple of months. To minimise the impact of pandemic on Indian economy, Prime Minister Narendra Modi announced INR 20 Lakh Crores financial package based on five pillars, with an aim to make India self-reliant (Aatmnirbhar). India’s self-reliance will be based on 5 pillars- economy, infrastructure, technology driven system, vibrant demography, and demand.
COVID-19: Regulatory Updates
India has always been heavily regulated as there are numerous controllers to regulate and monitor different types of entities operating in different sectors in India. Breathless amendments have always been made to different laws and regulations in past for one reason or the other. The current Coronavirus outbreak has given one more reason to India, besides other counties for further amending these bylaws. Largely, these modifications are being suggested to provide relaxations and exemptions to the Indian Entities as survival measures during the currency of the current pandemic and helping hand to start afresh as soon as this epidemic is over.
COVID-19 in 2020: Reshaping a Decade of New Practices and Principles
When a new and novel strain of coronavirus emerged slowly in the Chinese city of Wuhan in December 2019, no one realized it would take only weeks for it sweep the whole world off its feet. From daily infection & death tolls to global lockdowns and social distancing, the fight towards combatting COVID-19 continues on. Alongside this, the fears of facing radical economic after-effects also linger in the periphery.
Financial Areas For Consideration due to COVID-19
The outbreak of COVID-19, being an infectious disease has been labelled as pandemic and has been declared as a Global Public Health Emergency by the World Health Organization.
Our government is taking drastic measures both in general parlance as well as for corporates to reduce its impact. However, apart from affecting the health of the people across the globe, these disruptions are extremely affecting the economic environment, thereby having a significant impact on the corporates. Therefore, this situation has brought several issues and challenges for both, the preparers of the financial statements as well as for the auditors on various aspects concerning preparation and audit of financial statements.
Our government is taking drastic measures both in general parlance as well as for corporates to reduce its impact. However, apart from affecting the health of the people across the globe, these disruptions are extremely affecting the economic environment, thereby having a significant impact on the corporates. Therefore, this situation has brought several issues and challenges for both, the preparers of the financial statements as well as for the auditors on various aspects concerning preparation and audit of financial statements.
COVID-19: India Business Environment
The recent outbreak of the COVID19 crisis has led to a worldwide crisis. At the same time, people are at grips of an economic slowdown that will follow in the aftermath of the pandemic, leading to severe market volatility.
Statutory and Regulatory compliance
Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak in India
India fights COVID-19: RBI Stimulus package
The recent outbreak of the COVID19 crisis has led to a nation-wide lockdown for 21 days, prompting immediate action towards public order. At the same time, people are at grips of an economic slowdown that will follow in the aftermath of the pandemic, leading to severe market volatility.