Fiscally empower state governments The Tamil Nadu government has sought a special grant of at least Rs 1 lakh crore for all state governments combined,
Category: Economy
India GDP: India’s fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch Solutions – The Economic Times
NEW DELHI: India’s fiscal deficit in 2020-21 may shoot up to 6.2 per cent of the GDP from 3.5 per cent government estimate as a
Ashok Leyland March auto sales down 90% at 2,179 units – The Economic Times
Hinduja group flagship firm Ashok LeylandNSE -4.88 % on Wednesday reported 90 per cent decline in total vehicles sales at 2,179 units in March. The
Lockdown impact: Lockdown keeps outbreak manageable, but there will be hardship ahead–Economic Times
By Arvind Panagariya On March 24 last week, Prime Minister Narendra Modi ordered a complete lockdown of the nation. He did not have a choice.
FPI on Dalal Street: Fearful FPIs march out of Indian markets, pull out a record $15.9 billion – The Economic Times
Mumbai: With global trading desks in a ‘sell-everything’ mood, foreign portfolio investors (FPIs) pulled a record $15.9 billion (Rs 1.2 lakh crore) out of the
india lockdown: India’s budget under strain on day one of new fiscal year – The Economic Times
By Vrishti Beniwal India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the
Crude oil prices are raining gold. Can India put out the bucket? Three factors hold the key. – ET Prime
Pump jacks draw crude oil from the Long Beach Oil Field under Discovery Well Park in Signal Hill, California, on March 9, 2020. Global stocks
Lockdown: MSMEs seek relief from electricity supply company – The Hindu BusinessLine
The Mangaluru council of the Confederation of Indian Industry (CII) has sought relief for micro, small and medium enterprises (MSMEs) from the Mangalore Electricity Supply
Now what? | Business Standard Column
Given the total shutdown across the world, with most major economies imposing some form of lockdown, the obvious question on the minds of investors is,
Universalise benefits | Business Standard Editorials
Everyone must have access to basic facilities Last Updated at March 30, 2020 23:13 IST The sight of a large number of people, many of
Unemployment rate during lockdown: Just like measuring water in ocean | Business Standard Column
Measuring the unemployment rate during a countrywide lockdown is like measuring water in the ocean. Water, water every where/nor any drop to drink. That was
Covid-19 pandemic: Labour-driven export sectors run for cover – The Economic Times
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the
Stop Worrying, Start Stimulating–Economic Times
Our columnist Swaminathan S Anklesaria Aiyar has called for an Indian stimulus three or four times as large as the Rs 1,70,000 crore relief package
View: Putting finance on ice will only store up trouble for Covid-hit India – The Economic Times
By Andy Mukherjee Stop all the clocks. That’s what the Indian central bank is permitting lenders to do for three months after Prime Minister Narendra
Coronavirus lockdown: View: Scorching summer for banks ahead amid lockdown due to Covid-19 outbreak – The Economic Times
By Hari Hara Mishra For bankers, the approaching summer will not only bring a steady rise in temperature, but also branches and offices of the
China’s manufacturing rebounds as virus controls ease – The Economic Times
China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed Tuesday, but an industry group warned
coronavirus impact on world economy: World economy will go into recession with likely exception of India, China: United Nations – The Economic Times
The UNCTAD estimates a USD 2 trillion to USD 3 trillion financing gap facing developing countries over the next two years. The world economy will
Warehousing is going through a rough patch. Can it bounce back? E-commerce will decide. – ET Prime
Following the viral outbreak, sectors that were already reeling from a slowdown, have deferred plans to invest in warehousing. E-commerce and retail have provided some
View: India isn’t US, it must get its people back to work as soon as possible – The Economic Times
Ruchir Sharma Just outside my home in Delhi, migrant workers flow by all day, their fates unclear. They are walking home to villages near Lucknow,
Coordination is the key to smoothening the lockdown fallout–Times of India
The government has set up 11 empowered groups headed by senior bureaucrats and Niti Aayog representatives to coordinate the response to the situation arising out