To the best of my knowledge, virtually no country has imposed such a sweeping lockdown as India has; I continue to believe this makes India
Category: Economy
covid-19: ‘Covid-19 the last nail in the coffin, this is the gloomiest time ever,’ say MSMEs – The Economic Times
Experts also suggest that since the availability of skilled labour will be an issue post such migration, MSMEs need to invest in low cost automation
unemployment: About 400 million workers in India may sink into poverty: UN report – The Economic Times
UNITED NATIONS: About 400 million people working in the informal economy in India are at risk of falling deeper into poverty due to the coronavirus
ASSOCHAM recommends stimulus package of $200 to $300 billion to tide over the COVID-19 challenges – The Economic Times
Govt should follow three objectives — immediate assistance to employees and labour through direct transfers; ensuring that companies have enough cashflow to survive the downturn,
coronavirus news: Unfolding virus crisis may take Indian aviation back by half a decade – The Economic Times
The magnitude of the unfolding trauma for India’s airlines is now too severe to ignore. The “Covid-19 & the State of the Indian Aviation Industry” report, released
Centre may require additional Rs 5 lakh crore to support economy hit hard by COVID-19: Subhash Chandra Garg – The Economic Times
NEW DELHI: The Centre may need to borrow 2-2.5 per cent of GDP or about Rs 4-5 lakh crore additionally for supporting people and businesses hit hard
Recession | Coronavirus impact: Evidence mounts that the global recession is already here
The evidence is mounting that March marked the start of a deep global recession. The breadth of the collapse is beginning to appear in the initial
Relief from moratorium and rate cuts are proving elusive for retail borrowers – The Hindu BusinessLine
As livelihoods suffer severe setbacks from Covid-19 and the state-imposed lockdown, Indian policymakers have been quite stingy with their direct support measures targeted at households.
Retail industry will take almost a year to recover from Covid-19 shock – The Hindu BusinessLine
The Indian retail industry may take at least 9-12 months to recover from the aftermath of the coronavirus pandemic. 20-25 per cent of the industry
India opens up drug export after Trump cracks the whip–Deccan Chronicle
New Delhi: The Narendra Modi government hastened to comply after Donald Trump warned of “retaliation” if India did not export the anti-malarial drug hydroxychloroquine to the
70% of India’s economy hit by lockdown, 10 crore jobless, says Subhash Chandra Garg | Deccan Herald
“The 21-day lockdown would hit 70 per cent of India’s economy but has already rendered at least 10 crore workers of the mining, construction, manufacturing and
Exit strategy: End lockdown in a fashion that’s staggered geographically and sectorally–Times of India
As India enters the final phase of the lockdown which began a fortnight ago, Prime Minister Narendra Modi asked the country to ready itself for
Post-lockdown Blueprint: Hotspot containment will only be successful with uninterrupted supply of essentials–Times of India
As coronavirus cases continue to rise in the country, AIIMS director Randeep Guleria has said there may be some community spread of Covid-19 infections in
‘India has 3-5% of GDP that it can put into this process of stabilisation of the economy’–Times of India
What does the World Bank’s $1 billion Covid-19 package for India entail? The objective is to support the government’s effort to stop the pandemic. It’s
Covid-19: Why focus should now shift to these 10 districts – Times of India
The pandemic seems to be slowing down in the worst-hit countries, but it will take a while for India to get there. Right now India
Indian tea exports may decline by up to 8% over Covid-19 outbreak | Business Standard News
Tea production in India took a particularly bad hit as the impact of the pandemic coincided with the first flush harvest Indian tea exports may
Investment pipeline in economy chokes as key indicators show deterioration | Business Standard News
The investment pipeline in the economy is choked with four out of the six key indicators – investment rate, bank credit offtake, industrial production of
Lockdown and rewiring banks | Business Standard Column
With the spread of Covid-19, governments have mandated lockdowns and social distancing, thereby creating a paradigm shift in the working of banks, from a traditional
RBI tells states: Don’t worry, pay back your dues later; gives breather on repayment of dues – The Financial Express
From the current 14 working days in which state governments can be in overdraft continuously, RBI has decided to increase the number of days to 21 working
India Must Shore Up Pharma Production–Economic Times
To export drugs and pharmaceuticals or not to export? Today, on World Health Day, the Centre needs to decide. True, meeting domestic demand is critical,
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