Putting money into the hands of the people would have been simpler, quicker and more effective
India has a moral responsibility to ensure that necessary supplies of Personal Protection Equipment are available to the healthcare workers and all efforts are taken to provide best medical care if they fall ill.
It is essential that the production of essential goods continues because if not, with the current pandemic, we will also have a shortage of essential commodities, even malnutrition.
Slash and burn -- employees, research, marketing and capex -- may seem like a sensible approach to combat a recession. The research shows it may actually be counter productive.
Two leading chambers of commerce, FICCI and CII, have in a meeting with the prime minister called for direct benefit transfer to the economically vulnerable
Missing pieces of data make it impossible to predict how the outbreak will unfold in the coming months.
When it looks like the world is falling apart, these level-headed corporate honchos are visualising a better future and putting their money in the business that they best understand – their own.
But there is a message in the madness
Our plight is that we have made a mockery of our democracy that such a large number of candidates with criminal backgrounds can compete for our votes effectively.
Composite indices at record lows
An allowance to workers – a direct transfer of money into their Jan Dhan Yojana accounts – is the bare minimum the government should already have announced.
Besides technical issues, such as broadband and bandwidth, there are other factors that impact the setting up of virtual classrooms. Some of these factors are social and cultural, peculiar to India, over and above the economic factors.
The corporate sector itself has to perform the critical task of identifying production facilities across the country to boost the supply of innumerable items ranging from face masks to ventilators
As the world stabilises and uncertainty reduces, a lot of the liquidity that’s already been created won’t be needed and will find its way back into investments
With its third consecutive state-wide crisis, Kerala is at its wits end. There is a limit to what the state can do, and we will be in a serious crisis if the Centre does not help, writes Kerala Finance Minister Thomas Isaac.
Unlike the faction-ridden Congress, where stability was always an issue, the new BJP government in Madhya Pradesh would predictably be stable. The first hurdle would be the by-elections to 25 assembly seats.
We must acknowledge that judges too are human as the rest of us. The system must not rely on their higher virtues but be immune to their human frailness
The crash has proved that the assumption that central bank liquidity would always prop up markets, come what may, was wrong
Global central banks and governments are rolling out measures to protect their country's economy and markets from the coronavirus pandemic's adverse effects. Investors will be wondering when India will show its hand
The most serious threat to availability of foodstuff in India could come not from any shortage, but from an overzealous bureaucracy….There is an urgent need for the Centre to issue clear directions to the states that they should not impose any border restrictions on movement.
The NDA government needs to push through prudent policy measures fast
The Congress will have to become proactive to stop further desertions from the party, boost the morale of its cadre in Madhya Pradesh, and ensure it makes gains in the bypolls.
The crisis has led to the usual discussion on whether one should use monetary policy or fiscal policy to ease it.
Under a worst case scenario, GDP growth in FY21 could fall to 3.5 percent
The pandemic is seen as offering an opportunity for China to push Chinese President Xi Jinping’s rhetoric of a “community of common destiny” — part of the narrative of the Belt and Road Initiative — as a way of framing China’s help to the outside world.