Page 5 - Latest Updates on PM Narendra Modi

72 dead in Bengal, have never seen such devastation: Mamata appeals to PM

The chief minister also announced a compensation of Rs 2 lakh to Rs 2.5 lakh for the family members of each of the deceased

When perception is reality

A deft, economically sensible policy maneuver puts PM Modi's political capital at risk

Rationale behind the package

Govt seems to be preserving some firepower

Power reforms won't electrify the sector

At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains

Make reforms work

Govt has to find a way to remove the stumbling blocks

Best of BS Opinion: Unemployment rate at 24%, Covid-19 impact, and more

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

The stimulus that wasn't

The bulk of Ms Sitharaman's proposals addressed supply problems, with only occasional and cursory references to demand, mostly as an afterthought

Cyclone Amphan: Things you should know about this severe cyclone

The NDRF said that it was ready to undertake massive evacuation of 1.1 million people likely to be hit by it

Some steps forward

Package focused on reforms, not to boost demand immediately

Statsguru: Importance of MSMEs in times of Covid-19, economic slowdown

The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent

E-learning to be new normal as govt plans TV channel for schoolkids

Infectious disease hospital blocks to come up in all districts; public health labs to manage pandemics

Great social divide: A new normal post Covid-19

Economic and social activities will come out from slumber in the coming weeks

Why rejig in labour laws will not help and holistic reforms are essential

Radhicka Kapoor, senior fellow at Indian Council for Research on International Economic Relations, said the government has to create policies for boosting demand

Important for nations to work together to eradicate Covid-19: Modi to Trump

"I am proud to announce that the United States will donate ventilators to our friends in India. We stand with India and @narendramodi during this pandemic," Trump had said

Best of BS Opinion: Covid-19 big picture, migrant workers, and more

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

More than 80% Indian households lost income during lockdown, says study

The findings are in line with previous data from the CMIE and others, which showed that more than 100 million Indians have lost their jobs since March 25

The king's speech

What the Indian public got this week was another monologue - the fifth since March 19

Flying blind into Covid-19

Reports this week suggest that the government has sidestepped the criteria for lifting the lockdown of the Indian Council of Medical Research

A lot more needs to be done

While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand

RBI may have to monetise Rs 7 trn of stimulus, says Bank of America

Of the nearly 10% of GDP worth stimulus, 7.3 percentage points of it can be funded through many means, it said