Page 16 - Economic Slowdown

In search of the right prescription

Policy predictability and an unambiguous long-term blueprint are essential for private investors

Coal reforms much needed, but statutory implementation hurdles remain

With the abundant inventory within India, there's a clear a need to reduce imports, especially thermal coal, imports of which were around 200 million tonnes last fiscal

Covid-19 big picture: Brace for a disaster much bigger than you expected

If the business of doubling rate continues as it is currently, be prepared for bad news not just from the perspective of the coming medical challenge but also for the economy, cautions T N Ninan

'Very limited' fiscal space may leave govt with Rs 20,000 cr for stimulus

Households contributes maximum to the gross value addition (44.3% during FY12-FY19), savings (61.1%) and fixed capital (39.2%) in the economy

FM's Day 2 package: Govt's immediate fiscal cost will be close to Rs 10K cr

The direct spending by the centre, on Thursday's announcements will include Rs 3,500 crore that the centre will spend on providing free foodgrains to 80 million migrants

Premium diners hit the brakes hard; look to reinvent for survival

There will be ongoing speed bumps and resets and at least six months before 80 per cent stability returns to dining

This shall not be just a financial package, but a reform stimulus: FM

Sitharaman's press conference at 4 PM today comes a day after Prime Minister Narendra Modi announced Rs 20 trillion economic package to deal with Covid-19 situation in the country

PM gave headline and blank page, hope Sithraraman will fill it: Chidambaram

Chidambaram said he would count every additional rupee the government infuses into the economy

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines

Unrealistic growth forecasts

Substantial shrinkage of GDP is now a certainty

Covid-19 impact: International tourism may decline by 60-80% in 2020

This places millions of livelihoods at risk and threatens to roll back progress made in advancing the Sustainable Development Goals

Covid-19 lockdown: Forget administrative strategy, shift to an economic one

It is important that the country now shift from a home ministry-driven administrative approach to an economic approach

Coronavirus impact: Now 33.5 mn seek unemployment benefits in US

The reports support many economists' belief that the economic slump could persist for a while

Best of BS Opinion: Economic slowdown, Covid-19 outbreak, and more

Here's a selection of Business Standard opinion pieces of the day

Covid-19 lockdown wipes out service activity in April, PMI drops to 5.4

As many as 97 per cent of the 500 companies surveyed by IHS Markit, which conducts the survey, reported a fall in output

Covid-19 impact: India services PMI falls to lowest ever in April

India's services activity collapses as coronavirus palayses global economy -PMI

Covid-19 and women@work

Poor access to economic opportunity is reflected potently in India's famously poor female labour force participation rates

In a sea of red ink

A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed

Cigarette sales may see steepest dip in 20 years on lockdown, tax rise

The sector witnessed the last steepest decline in 2015 when sales volume contracted by 8.2 per cent

IRS officers for super-rich tax hike amid coronavirus outbreak; govt riled

The committee has argued the 'super-rich' have a higher obligation towards ensuring public good and recommended either raising income-tax rate for the highest slab or re-introducing wealth tax