Page 36 - Economic Recovery

Let's get real: Can't have business as usual with Covid-19 out of control

Unless we address the pandemic sweeping India, our economic recovery would remain uncertain and stunted.

Are intellectuals killing convergence?

A historic process of deglobalisation is underway which can scuttle the growth of poor nations. Disturbingly, this shift has been met by silence or even encouragement by those who should know better

India in the world of (near) free money

The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future

V-shaped recovery unlikely in India as Covid cases rise: StanChart chief

India's economy contracted by nearly a fourth in the June quarter as a result of the lockdowns during the early days of the pandemic

Phased unlocking since June 1 has revived economic activities: Govt

The government said with phased unlocking of the economy, economic indicators like PMI manufacturing, index of eight core industries, kharif sowing and power consumption have recovered since June 1

World Coronavirus Dispatch: Citigroup to resume job cuts after pause

Hong Kong plans new stimulus as economy falters, China's recovery gathers speed on retail rebound, some jobs may permanently move to machines and other pandemic-related news across the globe

Durables firms prepare for Dussehra-Diwali amid slow economic recovery

Over a third of durable sales happens in the festive season, with companies setting themselves up for the season from Aug-Sept, pushing their products into trade and lining up their festive campaigns

Civil aviation recovery to be faster due to market size: Airbus India Prez

India's civil aviation recovery would be much faster on the back of large market size, Airbus India President Remi Mail lard said

Banks going to be catalysts for economic revival, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be the catalysts for economic revival

India needs more banks to double credit-to-GDP ratio to 100%: RBI official

Sabharwal, who is the chairman of Teamlease Services, also said the country needs immediate reforms in banking, compliance, labour laws and education because "hope is not a strategy"

Rating firms rework their India FY21 GDP forecasts with sharper contraction

Impact on wages to severely dent consumption and decelerate recovery, says India Ratings

Risks to economic recovery rise as Covid-19 infection rate spikes: Moody's

The continued rise in new infection rates across parts of Europe and Asia highlights the risk of a second wave which could lead to renewed closures and a pullback in consumption, Moody's has said

Signs of economic revival as UP revenue collection jumps 6.74% in August

After sluggish mop up in April and May, state earnings have been improved with revenue collection in July at Rs 10,675 crore, or 97% of the level achieved the same month a year ago

US recovery, slow and uneven, is hampered by 'uncertainty': Fed survey

The Fed, in its "Beige Book" report, highlighted the uneven rebound underway in the US economy

World Coronavirus Dispatch: US crosses six mn mark, cases in sun belt ease

WHO warns against opening up without control of Covid, Hong Kong begins mass testing, Sanofi's Kevzara drug fails as possible treatment and other pandemic-related news across the globe

Rural demand to aid recovery but can't substitute for urban demand: Report

Rural demand can contribute towards recovery in the economy but cannot be a substitute for urban demand, according to a report

France delays launch of $118 bn Covid-19 economic reboot plan to September

'Recovery plan is ready, the timetable for its 77implementation still stands,' says government spokesman

Put gender equality at the heart of post-Covid-19 economic recovery: ILO

Improving their working conditions will have a significant impact on many women workers, given the large numbers who work in the care sector

RBI at end of rate cut cycle, govt must play role for revival: Economists

RBI is at the end of its rate cut cycle as inflation is unlikely to decline materially from the current level, and onus of economic recovery has now shifted to the government, economists at SBI said

Economic rebound likely within a year, say 52% respondents in PwC survey

This, despite the fact that as many as 79 per cent said that their income levels have been impacted due to Covid-19