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.
Usual suspects such as textiles, construction and real estate most at risk of default
The package to promote local API units is silent on brownfield capacities and skirts the issue of drug price control
We should increase the hygiene practices among general public and healthcare professionals, and widen the testing to look out for community transmission.
The measures announced by SEBI would lead to winding up of speculative position but not impact those who plan to hedge their cash holdings
The Jal Jeevan Mission scheme aims to increase the water connections from the existing 18.3 percent to 100 percent in rural households by 2024.
Fiscal intervention is needed. There is a strong case for corona stimulus, or rather relieve the economic pain inflicted by pandemic lockdowns. The government has a moral and practical duty to help firms, businesses, and workers affected by these measures.