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INDIA COVID STIMULUS
IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
Violent demand can't push better wagesIn Delhi-NCR, tensions among workers have reignited as protests over rights and pay escalate. This vital economic hub not only draws intern...
Shaktikanta Das reveals how India broke a ‘Chakravyuh’ and 7 steps for businesses to navigate war stormDuring a keynote speech, RBI ex-Governor Shaktikanta Das emphasised India’s remarkable ability to weather global storms. He referred to the...
Stimulus measures may be extended and expanded; additional funding, support for more sectors likelyThe finance ministry may push ministries for a quick rollout and frontloading of the ₹5.54 lakh crore capital spending announced in the bud...
India could be staring at Rs 5.4 lakh crore loss due to second round of lockdowns: BarclaysBarclays lowered its growth forecast for the ongoing fiscal to a single-digit figure of 9.2% from 10% earlier. Similarly, SBI Research saw ...
Looming deficit blowout is forcing India to spend less on economy's real savioursThat’s despite Modi govt outlining measures worth Rs 21 lakh crore to counter the economic and social fallout of Covid. A closer look at th...
30% of India Inc now functioning at high levels of capacity utilisation of 70% and aboveThe survey titled ‘Rebooting The Indian Economy’, conducted with Dhruva Advisors, saw participation of 100 company chiefs from across secto...
Five charts that show how bad things are for Indian consumersA collapse in consumer spending shows very little sign of rebounding anytime soon.
Who said India’s Covid stimulus package is way less than othersThe reforms announced are far reaching and cover large gamut of activities
India's 'mammoth' COVID-19 package much smaller than it seems, says Fitch SolutionsFitch Solutions said the new spending will only amount to about 1 per cent of GDP.
India has very little space for fiscal stimulus: Ind-RaThe revenue shortfall is likely to account for 95 per cent of the increased borrowings, leaving a purse of just Rs 20,000 crore for the gov...
View: The path of self relianceThe idea of self-reliance should come with the caveat of key sector focus and not an economy-wide spread. The latter would simply take us b...
View: Open economy, manage CovidGDP growth may be negative for 2020-21, a catastrophic event in a country with millions of poor people and small businesses.
View: Why spike in cases actually shows India must unlockThe spike in cases is showing that our response to covid-19 should be about managing it to a handlable limit.
View: GoI needs to focus on jobs and growth, not worry about ‘free lunches’Worrying about inflation when credit growth has collapsed and demand is tepid is not sound economic thinking.
The steps India has taken so far to contain economic fallout of Covid-19State governments have been permitted to borrow as much as half their annual target for the year starting April 1 whenever they choose. In ...
Stimulus 2: Why govt should think big and out of the boxExperts say there’s a case for printing money and overseas borrowing to deal with the unprecedented economic meltdown, and suggest that the...