Home Economy Page 2

Economy

A man takes a bar of Hindustan Unilever Ltd. Lux soap off a shelf at a store in Mumbai, India. (Representational Image) | Photographer: Kuni Takahashi | Bloomberg

Surging soap demand makes Hindustan Unilever India’s best stock

Hindustan Unilever has surged as bottles of hand-wash, detergents and floor cleaner fly off the shelves amid the coronavirus pandemic.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI to announce steps to boost economy at 10 am today

RBI’s Monetary Policy Committee meeting, conducted over video conference, ended on Wednesday and helped finalise a series of measures.
Finance Minister Nirmala Sitharaman | Photo: Suraj Singh Bisht | ThePrint

Free LPG, cash aid — Modi govt’s Rs 1.7 lakh crore plan to ease Covid-19 lockdown for poor

Besides cash transfers, the package announced by FM Sitharaman also offers free foodgrains for poor & migrant workers hit hardest by the Covid-19 lockdown.
Billionaire Masayoshi Son Delivers Keynote At Annual SoftBank World Event

Social distancing is ruining the big bet on the sharing economy

As coronavirus curtails unnecessary human interaction, it’s hammering businesses that helped people split the use of cars, rooms and offices.

Singapore’s economy plunges in early sign of pain in Asia

The quarterly plunge in Singapore’s GDP was worse than the median forecast of an 8.2% decline in a Bloomberg survey of economists.
The sun sets behind the Olympic rings installation at Odaiba Marine Park on March 18, 2020 in Tokyo, Japan | Photographer: Clive Rose/Getty Images AsiaPac | Bloomberg

Olympics delay means $12 billion games just got more expensive

A recently published estimate shows 422 billion yen in extra costs for a one-year postponement of the games, with another 218 billion-yen hit to Japan's economy on top of that.
Pedestrians and shoppers wear protective masks and other face coverings at a vegetable market in Mumbai, India. | Photographer: Dhiraj Singh | Bloomberg

India’s economic data releases to be delayed due to lockdown

The delay of high-frequency indicators such as inflation and industrial production may cloud the near-term assessment of economic trends.
A man cross an empty highway road on February 3 in Wuhan, Hubei province

How coronavirus has toppled economics in just a few weeks

The global crisis unleashed by Covid-19 is tossing aside economic orthodoxies at a furious pace, possibly forever.
A deserted road in Delhi on the first day of total lockdown Monday | Photo: Manisha Mondal | ThePrint

How to lock down 2.6 billion people without killing the economy

A Sector-by-sector approach can be utilised to see how offices can be re-tooled during social distancing, along with a ramp-up in resources like masks and medical equipment.
Congress leader P. Chidambaram addressing a press conference in New Delhi on the JNU violence

Chidambaram proposes cash transfers to urban, rural poor to help them during lockdown

Former finance minister P. Chidambaram presents 10-point plan to cope with lockdown, while stressing on the need to support PM Modi in this hour of crisis.

On Camera

Representative Image

Why disease and xenophobia go hand in hand

The central human fallacy is to assume that if international travel helps spread disease, a perceived “foreign” group is most likely to be carriers.
Illustration: Soham Sen | ThePrint

Coronavirus racism against NE Indians: How can govt prevent Sino-phobia from hurting our own?

While US President Donald Trump is constantly calling coronavirus the ‘Chinese virus’, people from northeast India are being targeted, abused and attacked.

Defence

Indian Army Personnel (Representational image) | ANI Photo

Army may recall retd personnel with medical expertise if fight against Covid-19 intensifies 

The Army has made a composite list of all those who retired in the last two years, especially focussing on those with medical expertise and trained technicians. 

Modi’s India isn’t Mao’s China. Silly forecasts assume we’ll let corona kill millions of us

There are many scary scenarios about how badly we Indians may be affected or how many killed by Covid-19. But they presume we will do nothing to influence our fates.