Page 6 - Economic Slowdown

Govt should heed to advice of economists, increase spending: Congress

The Congress on Tuesday asked the government to reverse its "disastrous" policies and heed to the advice of economists by printing more money and increase spending and not let another year go waste

India's economy likely accelerated in Jan-Mar, before Covid-19 wave: Poll

But the second wave of infections and deaths across the world's second-hardest hit country has caused forecasters to trim their projections for the coming months

Economy since 2009: Fact and Fiction?

While many contemporary economists seem to have lost interest in economic history altogether, those born before 1980 have turned most unbecomingly partisan

The discourse on the economy has been hijacked by the bond market types

If you take the trouble to collect the whole set of things that have been done - you need go no further than the finance ministry website - you will realise how pathetic the discourse has been

10,113 firms voluntarily shut operations during Apr 2020-Feb 2021: Govt

Over 10,000 companies shut down voluntarily from April 2020 till February this year, also a period when the coronavirus and subsequent lockdowns had significantly disrupted economic activities

Central banks face jumpy bond market with 10 days of policy decisions

While policy makers welcome a modest rise in bond yields as a signal of confidence in the economic outlook, they worry an unchecked jump would undercut recoveries

Average salary up by 4% as IIM Calcutta records 100% placements

Several recruiters from manufacturing sector, power, services and government firms among others comprised the set of recruiters

South Korea economy shrank in 2020 for first time in over two decades

South Korea's central bank says the country's economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending

Do economic forecasts depend on the nature of the economist?

The forecaster's personality seems to influence the forecast. While some are congenital optimists, others are pessimists. They are like the bulls and bears of economics-econometrics confluence

Indian biggest fuel retailers gearing up for rural-led economic rebound

The increasing economic importance of India's hinterlands is influencing business expansion plans and accelerating a trend of more service stations being opened in the countryside

Japan's Suzuki Motor bets big on India for its record sales target

Intends to sell 3.7 mn units globally by 2025, with 67% contribution from Asia

Malaysia's economy posts biggest annual decline since 1998 crisis

The economy contracted 3.4% year-on-year in the October-December period, falling for a third straight quarter and faster than the 3.1% decline forecast in a Reuters poll

Recovery plan can make 2020s Europe's digital decade: von der Leyen

Von der Leyen said the recovery plan will invest in the skills European workers need for the digital transition, will support the creation of a European cloud

Reform within status quo

The finance minister has worked hard to present a Budget that has boosted sentiment

Budget: Govt pegs FY21 fiscal deficit at 9.5%; sets target at 6.8% for FY22

In FY21, the gap between revenue and expenditure reached Rs 18.48 trillion in the revised estimate. For FY22, the gap is expected to be Rs 15 trillion

Statsguru: Economic Survey sets the tone for most awaited Union Budget

The Survey batted for a bold fiscal expansion to make the economic recovery more broad-based

Hit hard by Covid-19 lockdown, economy on firm path of fragile recovery

Though the first case of Covid was detected at the end of January last year, the impact on the economy began to be felt towards the end of March, when the first nationwide lockdown was announced

Budget for the victims: Some silent crises for Ms Sitharaman to address

A consumption boost through continued pay-outs for another year to those at the bottom of the pyramid, and still more money for the employee guarantee scheme should be in order, writes T N Ninan

Ports, roads, steel: 5 companies step up investments as economy recovers

India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do

Budget Byte: Bad year for PSUs may impact dividend payout to govt

Though the stock market touched new highs in 2020, the PSU index was late to the party, and has barely recovered to January 2020 levels