The success of lockdown measures to beat Covid-19 boils down to the availability of essential commodities. Huge supply chain disruptions have occurred since the lockdown
Category: Economy
moratorium | RBI: Not having to pay at this time is the right thing: SMEs on RBI’s Covid-19 moratorium–Economic Times
As the ripples of Covid-19 pandemic are felt across the economy, the Reserve Bank of India on Friday said, “The priority is to undertake strong
Whatever it takes: RBI tries to arrest an economic slide–Times of India
Reserve Bank of India’s monetary policy committee on Friday lowered the repo rate by 0.75% to 4.4%, supplementing it by measures to enhance the flow
RBI’s bold measures could be bolder–Economic Times
The three-month moratorium on servicing debt is the most tangible and effective policy measure announced by the Reserve Bank of India (RBI) on Friday. Lowering
moratorium | RBI: Not having to pay at this time is the right thing: SMEs on RBI’s Covid-19 moratorium
As the ripples of Covid-19 pandemic are felt across the economy, the Reserve Bank of India on Friday said, “The priority is to undertake strong
coronavirus: If food is not available to migrant workers, food riot may be a real possibility: Pronab Sen – The Economic Times
NEW DELHI: Former chief statistician Pronab Sen has warned that if food requirements of migrant workers with no income are not fulfilled amid countrywide lockdown,
Moody’s cuts South Africa’s credit ratings to junk – The Economic Times
JOHANNESBURG: Moody’s has downgraded South Africa‘s credit rating to junk status, piling more anguish on an economy already in recession and battered by Africa’s worst
No new business, little profit: Banks face the squeeze – The Economic Times
MUMBAI: Indian banks will have to brace themselves for a prolonged period of lower profits resulting from a hit in revenues and almost zero new
Recession: A US recession? Probably. Depression? Only if the virus is untamed – The Economic Times
WASHINGTON: A US recession may already be underway. Could it be worse? The Great Depression that began with a stock market crash in 1929 and
Swaminathan Aiyar calls for a bigger Covid package on the lines of the US, says govt shouldn’t worry about fiscal deficit to deal with once-in-a-century crisis – The Economic Times
In an interview to ET NOW, Swami said that the government should shed inhibitions about a rising fiscal deficit and let the Reserve Bank of
economic stimulus: Print money to handle this once-in-a-century crisis: Swaminathan Aiyar – The Economic Times
I am having no quarrel with the direction of what the government is doing; yes you do need to focus on the needy, you do
Minimising coronavirus damage: After poor, govt must now focus on small businesses, industries – The Financial Express
The lockdown situation could lead to one of every three retail stores in the country shutting shop. While Finance Minister Nirmala Sitharaman has announced a
Covid-19 packages will take care of both people, corporates: Rajiv Kumar, vice-chairman, Niti Aayog – The Financial Express
India has unveiled both fiscal and monetary policy stimulus measures to minimise the negative impact of the coronavirus on economic activities and address the needs
Further fiscal and monetary stimuli will not help. Best to be patient | Business Standard Column
When aggregate demand in a county collapses, we know what to do. We turn to the Keynesian identity which exhorts governments to spend more money
Coronavirus crisis: SMEs send SoS to govt on salaries; else retrenchment inevitable–Business Today
With factories closed and cash flow virtually dried up, small and medium private firms want the government to come up with financial support for payment
Coronavirus in India: COVID-19 lockdown may cost the economy Rs 8.76 lakh crore; here’s how–Business Today
The exercise is to find out the cost of the 21-day nationwide lockdown while the economy is on complete bed rest India is now facing
Coronavirus outbreak: Why FM Sitharaman’s decision to relax IBC is an important move for businesses–Business Today
The strengthening of the Covid-19 problem also presents an existential crisis for India’s SMEs and SSMEs which have been grappling with a fall in consumer
India’s MSME sector swells, adds these many enterprises in FY20; micro businesses dominate – The Financial Express
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
coronavirus updates: IMF chief Kristalina Georgieva: We have entered recession – The Economic Times
WASHINGTON: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva
Forex reserve: Covid effect: Biggest weekly fall in forex reserve since 2008 – The Economic Times
The forex reserve is expected to drain further in the subsequent weeks. India’s foreign exchange reserve fell the most in nearly 12 years by as
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