Traditional sectors like food, drugs, pharmaceutical, ITes (IT-enabled services), banking, retail, automotive, real estate and jewellery are witnessing moderate to high to severe impact
The fragility of central government finances is partly legacy, part refusal to acknowledge and address the problem due to the lack of strategic vision and poor institutional capability
BJP must now move on and build an inclusive India
Diverging fiscal responses to the crisis can create serious macroeconomic challenges for countries globally
Government's fiscal headroom is crucially linked to a realistic assessment of its net revenue collection
Rural rebound and its role in reviving the economy are overstated
A recent report by Credit Suisse cautions that the spread of Covid-19 infections to Tier-III and -IV cities could stall the growth momentum
Investors are getting increasingly concerned about the extent of capital issuance in the financial sector
Long constrained for liquidity, MSMEs now also have to cope with loss of demand, labour shortage, and heightened risk aversion in the financial system due to the Covid-19 pandemic.
Economic historians will judge him by this, just as they judge P Chidambaram by his bold cuts in income tax rates in 1997 and Manmohan Singh by his 1991 reforms
The IIF, which represents global banks and financial institutions, said the first-quarter debt-to-GDP ratio jumped by over 10 percentage points, the largest quarterly surge on record
Cities spread infection and wealth, both at the same time
Population to decline from a peak in 2048 to a 32% lower level by 2100: The Lancet
Poor returns from equity markets may be prolonged
While collectively, emerging market economies have entered their deepest recession in at least 60 years, Asia - particularly China and Northeast Asia - stand out as the best, Nomura says
The most pessimist one projects it at 25%
The economy of relationships works differently from the economy of contracts
In case of Coal India, if valuations are not attractive, company will buy back shares from the govt
Restarting is easy but a full-speed drive is still some time away
Analysts say the investments will pick up only in FY22