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Wednesday, May 8, 2024
TopicEconomic slowdown

Topic: economic slowdown

After Modi govt announcements, Indian stocks, bonds rally despite selloff in rest of Asia

Equities bucked the selloff in Asia as trade tensions that roiled stocks globally eased somewhat following Donald Trump stating that China asked to re-start trade talks.

Parliament House upgrades to ‘home theater’, and PV Sindhu nets World Championship

The best cartoons of the day, chosen by editors at ThePrint.

India’s steel consumption set for slowest growth in 3 years

Steel companies are taking a battering this year as a crisis in the country’s shadow banking sector fueled a cash crunch, and economic growth slowed to a five-year low.

Modi govt’s stimulus plan for economy falls short on vision

India is still waiting interminably for larger firms to be allowed to flourish, smaller firms to get cheap financing & state to retreat from business.

Parle-G is not just a humble biscuit. It’s a part of India’s cultural consciousness

The news of Parle potentially laying off 10,000 employees has led to an outpouring of nostalgia for one of India’s oldest biscuit brands.

Modi govt considering exempting foreign investors from super-rich tax

The proposal to tax the super rich, along with the Budget's lack of measures to boost the economy, led to foreigners withdrawing more than $3 billion from Indian shares.

Justice Lokur on judicial reform, Richard Haas roots for India, Narayanan’s warning on Kashmir

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Global bond rally passes by India as uncertainty kills its markets

Bond yields globally are declining and bonds in India are less enthused given the lack of clarity on the govt’s spending plans and its foreign debt debut.

Price surge spells ‘hell’ for India’s gold sales as demand wanes

A combination of high taxes, record prices, slowing economic growth and floods are poised to erode India’s gold demand in the peak festival season.

Car loan lender to target low-cost homes buyers with Rs 1.5 crore fund

A government plan to provide benefits, including interest subsidies, has seen a surge in funding for affordable homes and lured buyers and financiers.

On Camera

Xi Jinping is courting France. India must make sure its European partner isn’t seduced

Xi won’t be walking away from Europe with a win in hand, but his visit will almost certainly ignite arguments about the continent’s geopolitical future.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.