Manufacturing activity weakens in March
A record drop in new export orders contributed to the downward momentum.
Covid-19: Functioning food markets key to corona welfare package
In a rush to provide for the emergency, maintaining quality is needed. Hence, the effect could be counterproductive.
India’s Covid 19 crisis response: Challenges are greater, getting money to individuals and firms is not as easy
The prime minister has emphasised the costs of not responding adequately to the coronavirus crisis, saying it could otherwise set the country back...
Double Whammy: Tax slump and Central funds cut hit states
The interim report of 15th Finance Commission for FY21 doesn’t provide for extra headroom over and above the mandated fiscal deficit ceiling of 3%...
New features added to eNAM to boost supply chains
As many as 585 mandis in 16 states are already connected under e-NAM, which was launched by the government in 2014.
Increased supply of state development loans may put pressure on states’ borrowing costs
As per the indicative calendar for the Q1FY21, state governments are likely to borrow Rs 1.27 lakh crore from the markets.
Layoffs, salary cuts bring tough times for job markets globally; workers stranded for livelihood
The double-edged sword of joblessness and health hazard has made the future uncertain for many.
India to WTO: Used peace clause to provide excess support to rice farmers
The stocks under the programme are acquired and released in order to meet the domestic food security needs of India's poor and vulnerable...
Nationwide lockdown to cost Indian economy $4.64 billion every day: Acuite Ratings
The credit rating agency said it would take at least 2-3 months to restore the industry supply chain even if the lockdown is limited to 21 days.
Power companies’ troubles may mount in coming months; demand from commercial, industries collapses
India’s power sector performance is expected to see a significant decline in 2020-21, due to the likely prolonged disruptions caused by the...
Electronics manufacturing: Govt notifies three incentive schemes; likely to create lakhs of jobs
The schemes are expected to create large scale electronics manufacturing in the country and open tremendous employment opportunities.
Global economy could shrink by almost 1% in 2020 due to COVID-19 pandemic: UN
The analysis by the UN Department of Economic and Social Affairs (DESA) said the COVID-19 pandemic is disrupting global supply chains and...