Page 6 - Latest Updates on PM Narendra Modi

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

Covid-19 has created deflationary conditions, says CEA Subramanian

He also said that a good part of the Rs 20 trillion stimulus package is designed in a manner that the fiscal deficit remains under control.

Stimulus 2.0 won't change outlook for business

The second package focuses mostly on support to businesses, especially MSMEs

A community behind the curve

With resources more scarce than ever, it is vital the government implemented the Sachar Committee's recommendations in earnest

Letter to BS: Modi needs a trouble shooter to push forward reforms

Prime Minister Narendra Modi's reforms today would be better served by the gift of insight and pervasive intermediation of the likes of an Arun Jaitley

Best of BS Opinion: The lockdown hammer, restarting the economy, and more

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

Fiscal stimulus package fails to provide succour to the poorest: Opposition

Senior Congress leader P Chidambaram said the need of the hour was to put money into the pockets of the people, particularly the poorest 130 million people

Without more stimulus, India's GDP may contract 9% in FY21: Pronab Sen

Sen said that on the face of it, the package looked good, with roughly the kind of damage that has happened to the economy

Indices jump reined in by global risk aversion amid Covid-19 fears

The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384

Licence to exploit

Ignoring the rights of a section of Indians - mostly in the unorganised sector - that conspicuously lack any agency is easy to do

Restarting the economy

The first tranche of the stimulus package focuses on liquidity

India's window of opportunity for attracting companies is closing

The window of opportunity for attracting companies looking to divert investments from the Asian manufacturing giant is closing

Going vocal about local

The Aarogya Setu app is undoubtedly the biggest local produce during the corona crisis, but it may not be celebration time yet

Best of BS Opinion: Rs 20-trn stimulus, govt's borrowing plan, and more

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