Eminent economist Arvind Panagariya has said that India must now think long-term to create better paying formal sector jobs by seizing the opportunity presented by
Economy needs effective stimulus, says NITI Aayog Vice Chairman Rajiv Kumar | Deccan Herald
India faces a severe slowdown in economic growth due to the nation-wide lockdown to control the coronavirus pandemic. While many worry about inflation in the
What is a negative crude future and does it mean anything for consumers? | Deccan Herald
The price of a barrel of benchmark US oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of
Virgin Australia collapses under coronavirus strain | Deccan Herald
Cash-strapped airline Virgin Australia announced it had gone into voluntary administration on Tuesday, making it the largest airline to collapse under the shock of the
‘Force Majeure’ in times of deadly coronavirus | Deccan Herald
The medical effects of the Covid-19 virus are hitting home hard across the world. The seriousness of the economic impact is yet to be understood
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करोना लढय़ातील केरळ प्रारूपाचे गोडवे जागतिक पातळीवर गायले गेल्यानंतर काही दिवसांतच केंद्रास या राज्याच्या आजार हाताळणीत खोट आढळली; ती का? ..या राज्याने जादा सवलती
Takeover fears: nuanced approach on Chinese investments – The Hindu
A nuanced approach on Chinese investments using automatic route may have been better The government’s decision to ban foreign direct investments (FDI) through the automatic route from
U.S. oil plunges below $0 a barrel: What does a negative futures price mean? – The Hindu
The U.S. Energy Information Administration said last week that storage at Cushing, Oklahoma, was about 72% full as of April 10. The price of a
Finance Minister stipulates time frame for banks to disburse loans; move comes as lenders turning risk averse – The Hindu
In a communication to State-run banks, the government said the move is aimed at ensuring credit flow for economic activities and the guidelines come into
Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing – The New York Times
Something bizarre happened in the oil markets on Monday: Prices fell so much that some traders paid buyers to take oil off their hands.
Business Travel Has Stopped. No One Knows When It Will Come Back. – The New York Times
But one thing is certain: It will be changed. Airports, airlines and hotels will be taking new precautions, experts predict. And conferences will eventually return.
What the Negative Price of Oil Is Telling Us – The New York Times
We’re in a deflationary moment that surpasses anything seen in most people’s lifetimes. The coronavirus pandemic has caused a series of mind-bending distortions across
Why oil price collapse in US not to lead to any big drop in fuel prices in India – The Financial Express
India imports 4 million barrels/day of oil. The country has been benefiting from the falling prices of oil for the last five years, when oil
US Immigration Suspended: Donald Trump says he is temporarily suspending immigration | World News – Times of India
WASHINGTON: US President Donald Trump announced on Monday night that he will sign an executive order to “temporarily suspend” immigration into the United States, citing “the attack from the
Supreme Court: We cannot direct government to pay migrant workers | India News – Times of India
NEW DELHI: The Supreme Court on Tuesday said it would not get into budgetary or financial domain of the Union government by directing it to pay basic
Opinion | Gretchen Whitmer: I Have Made Gut-Wrenching Choices to Keep People Safe – The New York Times
The actions Republican and Democratic governors have taken have been done to protect families from the spread of the coronavirus. Empty streets where the Lodge
Opinion | Marco Rubio: The Coronavirus Shows We Need a More Resilient American Economy – The New York Times
With a sensible industrial policy, workers will take precedence over short-term corporate gain. Americans are a resilient people. We persevere through difficult circumstances and arrive
Opinion | Are We Really Facing the Coronavirus Together? – The New York Times
The pandemic has helpfully scrambled how we value everyone’s economic and social roles. An Instacart worker shopping for someone else’s groceries last month.Credit…Erica Lee for
Opinion | Trump Was Too Focused on the Economy to Fight the Coronavirus – The New York Times
Trump is Mark Twain’s king, the great American con man. It’s the money. With President Trump, that never changes. The Dow at 30,000 was his
Donald Trump eyes Saudi oil import ban, SPR fill as prices go negative – business news – Hindustan Times
He said he wants either permission from Congress to purchase oil for the reserve or will allow companies to use its 75 million barrels of
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