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Topic: Economic Crisis
Premiums on NBFCs’ bonds narrowed to a two-year low in August & liquidity and share performance indicators stayed steady, indicating strength.
With a record GDP fall, surging Covid cases, sharp hit to healthcare and education, the Modi government needs to resist calls to spend money it doesn't have.
Five of India's 8 high-frequency economic indicators gained in July, moving the Bloomberg News animal spirits needle for the first time in 2 months.
China reported most domestic infections in 4 months & Tokyo, Hong Kong and Melbourne have seen record infections and even Vietnam is fighting an outbreak.
The Financial Stability and Development Council was set up by the Indian govt to safeguard against crises, but its non-statutory status poses major limitations.
The adverse impact of Covid-19 on the economy is expected to create structural overcapacity in the Indian industries, which can wreak havoc if left unchecked.
The coronavirus crisis has forced governments to confront a health & economic crisis, a crisis of institutional legitimacy & heightening geopolitical rivalry.
Today's political, economic & strategic punditry from Uday Balakrishnan, Satish Deshpande, Rajeev Bhargava & more.
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus.
Figures from Asia to Europe and the US show manufacturing taking a severe hit, with demand, employment and production all in decline.
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