BUSINESS
Jio's sixth deal in six weeks underscores Digital India opportunity
Deal emphasizes Jio’s recession-proof, COVID-resistant nature even as it presents a unique set of technologies and platforms under one entity
BUSINESS
PMI data suggest V-shaped recovery unlikely in India
Business sentiment in the services sector was the worst since the survey began in 2005.
BUSINESS
Chart of the Day: Lockdowns easing but industrial activity still under the weather
Satellite data shows India’s industrial activity is below two-thirds of its pre-COVID levels
BUSINESS
Government continued to spend despite falling revenues in April 2020
The fiscal deficit in April is already 35.1 percent of the entire year’s budgeted deficit.
COMPANIES
Chart of the day | Power demand has risen above its levels a year ago
Power demand had suffered deep cuts because of the COVID-19 lockdowns
INFOGRAPHIC
Chart of the day | Liquidation trumps resolution under IBC
Even as the number of cases filed under the corporate insolvency process keeps rising, liquidation occurs more often
INFOGRAPHIC
Chart of the Day | Signs of improvement in diesel, petrol demand
Migrant workers’ return to their homes may affect some sectors such as construction
POLITICS
How China is fuelling border tensions to check India’s economic rise in post-COVID-19 world
The coming weeks and months could determine the future of India-China relations, and indeed China’s relationship with the rest of Asia and the world.
BUSINESS
Jio dials it right. Investors queue up to take the call
The latest KKR deal goes on to prove investors can’t take their eyes off India’s single-largest opportunity
ECONOMY
Chart of the day | Major developed economies continue to shrink in May
The Flash Purchasing Managers Indices show slower rate of contraction
INFOGRAPHIC
Chart of the day | Banks' credit-deposit ratio falls sharply
Going forward, the bank credit numbers will tell investors whether the economy is picking up
INFOGRAPHIC
Chart of the day | Unemployment situation improves slightly
For consumer demand to improve, unemployment has to come down
INFOGRAPHIC
Chart of the Day | Rising power demand shows activity slowly getting back on its feet
Peak demand is just about 12 percent lower than last year compared to as much as 35 percent in the early stages of the lockdown
BUSINESS
Jio adds fourth feather to its cap giving heft to its digital India vision
Investments not only show faith in the company’s vision of Digital India, but also that the investors have found their bet to leverage on the opportunity.
BUSINESS
Episode 5 of economic package: A demand side measure, one big reform and more borrowing
BUSINESS
Episode 4 of economic package: The good, the bad and the ugly
The common thread running through all these announcements is government ceding more space to the private sector in areas dominated by the State.
MARKETS
Chart of the Day | Gold prices to stay up in 2020 but what about later
The next two years could provide decent returns followed by a decline.
BUSINESS
Quick Take | The economic package is finally here, how much will be an actual fiscal stimulus?
It is the right thing to do especially since the PM hinted at the continuation of the lockdown.
ECONOMY
Chart of the day: Global food prices tank but domestic takes an inflationary turn
Global food prices fell as the pandemic hit demand in international markets but domestic data shows retail inflation building up in several pockets
INFOGRAPHIC
Chart of the Day: What satellite data says about the health of industrial activity after COVID hit
A newly launched industrial activity tracker attempts to show the state of the world as COVID hit. India suffered severe damage, it shows.
INFOGRAPHIC
Chart of the Day | Banks’ flight to safety
Long before the virus struck, loan growth was decelerating, while growth in investment in safe and secure government bonds was rising
COMPANIES
With third investment in three weeks, Jio Platforms barrels into the FAANG club
Vista deal a ringing endorsement of the opportunity presented by digital India and the execution/tech capability of Reliance Industries to take advantage of said opportunity
BUSINESS
4 private equity players express interest in JB Chemicals: Report
KKR, Carlyle, Apax Partners and PAG have placed separate non-binding bids that value JB Chemicals at Rs 4,800-5,000 crore
INFOGRAPHIC
Chart of the day | O, what a fall was there, my countrymen!
PMIs show economic activity in India slumped to its lowest level since the surveys began over 14 years ago
