Saturday, 28 May, 2022
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TopicEconomy slowdown

Topic: Economy slowdown

Lack of demand, low import duty, price crash — Kerala’s rubber trouble stretches on

Farmers in Kerala are looking at alternative crops or not tapping their rubber as prices have crashed due to lack of demand, imports and labour.

India should spend more to revive demand, not worry about deficit: Economy expert Martin Wolf

Speaking at ThePrint's OffTheCuff, Chief Economics Commentator at The Financial Times Martin Wolf said India can afford to increase its debt-to-GDP ratio to 90%, but should avoid borrowing in foreign currency.

UK GDP shrinks by 2% amid Covid-19 crisis, biggest quarterly decline since 2008

The fall was the biggest since the financial crisis of 2008 and included a contraction of 5.8 per cent in the March GDP alone, the biggest monthly fall on record.

‘Life will return’ to Indian businesses in September if all goes well: Sundaram Finance

The prediction is based on the estimate that any policies to alleviate stress will take about four months to percolate through the Indian economy.

What crisis? HDFC Bank is ramping up corporate loans while rivals are retreating

HDFC Bank’s lending to large & small companies surged 63% over 2 years through 31 Dec as economy went from world-leading growth to slowest expansion in 6 years.

Salary increases this year in India will be the smallest in a decade, says survey

Indian companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, and the slowest since 2009.

Budget for a dozing economy, Sitharaman’s tightrope & Economic Survey’s doublespeak

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

S Acharya on 5-6% GDP, H Drabu on J&K & Valson Thampu rues Opposition ‘collapse’

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

Personal loan defaults become a worry after Indian unemployment rises to 45-year high

Credit analysts are signalling potential risks in personal loans following the slowdown in the economy and a drying-up of credit from shadow banks.

Indians aren’t optimistic about the economy’s present or future, RBI survey finds

RBI consumer confidence survey exhibits dimming sentiments on factors such as employment situation, income earned & spending on non-essential items.

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Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.
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