By Saket Sundria The world’s biggest lockdown has brought transportation of goods in India to a near halt, even though the central government has exempted the sector
Category: Economy
market recovery: Market recovery is likely only post Diwali: Pankaj Pandey – The Economic Times
NEW DELHI: All the 11 empowered committees constituted to suggest ways to tackle different aspects of the Covid-19 crisis have favoured a gradual lifting of
India’s cement demand may fall by 20-25% this fiscal if pandemic isn’t contained by May: Crisil | Deccan Herald
Cement demand in India is expected to fall sharply by 20-25 per cent in the current fiscal year if the COVID-19 pandemic is not contained
Lockdown: Continuous process industries exempted | Deccan Herald
The government has notified integrated steel plants, petroleum refinery units, cement plants, fertiliser plants, pulp and paper units among others under the new rules The
पत आणि पुण्याई | लोकसत्ता
करोनाने अधिकच विस्कटलेली आर्थिक घडी सावरण्यासाठी अन्य पक्षांतील नेत्यांच्या कल्पना ऐकणे व प्रत्यक्षात राबविणे, हे आता केंद्र सरकारला करावे लागेल.. एखाद्या योजनेच्या यशासाठी राज्यांस जितकी
Invoke escape clause under FRBM, says former RBI deputy governor Rakesh Mohan as he warns of huge fiscal cost – The Economic Times
Former RBI deputy governor Rakesh Mohan has called for invoking the escape clause under the FRBM Act even as he cautioned that it shouldn’t become a precedent. He has
India’s fiscal response to Covid-19 inadequate compared to other countries, says industry body – The Hindu BusinessLine
Till date, the Indian government has not announced any stimulus packages for companies or businesses. Many economists are of the view that the government is
COVID-19 pandemic pulls India’s service sector activity into contraction mode – The Hindu
India’s services sector activity contracted during March as the COVID-19 pandemic dented demand, particularly in overseas markets, while public health measures aimed at stemming the outbreak curtailed
India is being too defensive at the WTO on its food subsidies – The Hindu BusinessLine
India has not come anywhere near breaching the WTO limit of permissible subsidy being within 10 per cent of total agriculture output The Centre recently
A blueprint for a post-pandemic economy – The Hindu BusinessLine
Steps such as focussing on the distress of the aam aadmi, reviving the financial system, and raising the productivity of capital can take India forward
Covid-19 impact: Kaushik Basu details three steps for gradual opening of the economy – The Hindu BusinessLine
India’s former Chief Economic Adviser says that testing should be expanded vastly to get economy moving While social distancing and lockdowns are a must in
What are the legal obligations to pay wages during a lockdown? – The Hindu BusinessLine
What are the legal obligations to pay wages during a lockdown? The directions issued by the government to employers to pay wages to all the
Pandemic will lead to demand, supply and financial market shock: Moody’s – The Hindu BusinessLine
The sectors that will see positive impact include remote communications; online media, online retail; sectors that benefit from supply chain relocation; and vaccine developers The
Be ready to fight economic impact of Covid-19 on war footing: PM tells Ministers – The Hindu BusinessLine
Prime Minister Narendra Modi on Monday asked Union ministers to prepare plans to fight the economic impact of COVID-19 on war footing and asserted that
Covid-19: Economic opportunities and challenges | Opinion – analysis – Hindustan Times
When pandemics spread, they bring on an economic contagion, beyond the morbidity and mortality of the disease itself. Economic activity has been curtailed to enforce
Two-wheeler volumes likely to contract by 11-13 per cent in FY21, says Icra | Business News,The Indian Express
Ratings agency Icra on Monday said two-wheeler volumes are expected to contract by 11-13 per cent in FY2021 due to the coronavirus pandemic. The challenges are likely
Domestic air traffic to fall from 140 mn to 90 mn due to covid-19: CAPA | Business Standard News
Domestic air traffic is expected to drop to 80-90 million passengers in the current fiscal and delivery of more than 200 planes to Indian carriers
Businesses likely to face challenges in preparing financial reports in FY21 | Business Standard News
On April 1 every year, businesses unroll their budgets and targets for the new financial year. This financial year — FY21 — is different. As a relief from the
Finance to the fore | Business Standard Column
The epidemic, and the responses to it, have created stress for a lot of firms. A sound financial system will put out a lifeline for
Petrol sales shrink 15.5%, diesel 24% in March as Covid-19 lockdown wipes demand – The Economic Times
New Delhi: India’s petrol sales shrank by 17.6 per cent and diesel demand tanked nearly 26 per cent in March as the economy froze under the nationwide lockdown announced to check
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