Shipments hit badly, says Funskool India CEO COVID-19 has affected shipments by the domestic toy industry. Some firms have even deferred their capex plans. However,
Category: Economy
Centre tweaks rules to make inactive accounts functional – The Hindu
Aims to ensure cash transfer under COVID-19 relief reaches beneficiaries The Finance Ministry has tweaked prevention of money laundering (PML) norms with the aim to
How long will the pandemic last? 3 Covid scenarios–Times of India
How long will the coronavirus pandemic last along with the deep economic recession it has created? I am a pessimist and fear a protracted tragedy.
What India did right with the lockdown will overshadow the wrongs–Times of India
Since March 25, India has come to terms with the enormous challenges of managing a 21-day total lockdown — an exercise that most countries in
Virus will pass, so will the opportunity – Times of India
Global and domestic equity markets have seen significant correction and most major indices are down about 30%. There is panic, negativity and pessimism all around.
Covid-19 is not the only crisis the country is confronting–Times of India
India is in crisis, and it is not just because of Covid-19. This pandemic is a surging, temporal disaster that has laid bare an ongoing,
Covid-19: Implications for the disabled – The Hindu BusinessLine
India’s differently-abled are left in the lurch by virus and lockdown. The govt’s measures, or the lack thereof, fail to ease their burden Almost everybody
Big Story | How Covid-19 changes the outlook for economy and stock market – The Hindu BusinessLine
The world is staring at a recession, economic output in June 2020 quarter is going to shrink, and growth for FY21 will be sharply lower
Covid-19 crisis: IAS officers call for Rs 5-10 trn spending on health infra | Business Standard News
Inter-state coordination for movement of essential goods and immediate monetary support to migrant labourers and daily-wage workers are some of the other suggestions The government
How gold holdings can ease credit flows | Business Standard Column
If gold held by the top 30% of Indian households can be mobilised, it can be used for dollar swaps, while depositors could be provided
OYO suspends payment of monthly benchmark revenue to hotels; invokes force majeure – The Financial Express
Consequently, OYO will find it virtually impossible to continue to operate the agreement from the point of view of the object and purpose in relation
Hard realty: Already down, industry hopes for marginal Covid-19 impact – The Financial Express
Residential property prices across India’s top cities witnessed a dismal growth in the past five years, indicating that the prolonged demand slowdown has kept value
The nudge factor: Parts of ecommerce industry will be likely winners of Covid-19 pandemic – The Economic Times
By Ankur Pahwa The world is a very different place than it was a few weeks ago, with the humanity facing an unprecedented event and
India’s response to Covid-19 has been pre-emptive, pro-active: Roderico Ofrin, WHO – The Economic Times
By Teena Thacker “Whatever the stage, the key action points are – engage with people; find, isolate, test and treat cases and trace every contact;
Jobs destroyed worldwide as coronavirus sparks recession – The Economic Times
By Simon Kennedy The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already
Remittances to Bharat hit by return of the native – The Economic Times
MUMBAI: Domestic remittances, usually from big cities and more affluent areas to India’s rural hinterland, plunged about 80% in the past two weeks, triggered likely by
IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis – The Economic Times
IMF asked advanced economies to step up efforts to help emerging markets survive the impact of the pandemic. “This is a crisis like no other,”
Indian rice exports suspended on supply chain disruption due to coronavirus | Deccan Herald
Indian rice traders have stopped signing new export contracts amid the nationwide lockdown to curb the spread of coronavirus, as labour shortages and logistics disruptions
Supreme Court seeks Centre’s reply on migrant workers’ wages–Deccan Chronicle
New Delhi: Voicing concern about the plight of migrant workers in the unorganised sector, the Supreme Court on Friday sought the Centre’s response on a
Despite Covid-19, why did migrant workers go back? Opinion – analysis – Hindustan Times
The Covid-19-induced migrant crisis has prompted several questions. Who are these migrant communities? Why did the lockdown prompt them to flee from the cities, and
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