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Drought in India

Coronavirus pandemic risks weakening the climate change battle

While coronavirus is an immediate threat, climate change has always been perceived as a distant risk. So, the pandemic could shift global resources away.
File photo of an Air India plane | Representational image | Commons

Govt likely to extend deadline for Air India bid as pandemic disrupts economy

This would be the second extension for Air India bids since the govt initiated the process of stake sale in the debt-ridden national carrier on 27 January.
(Photo for Representation)

India’s budget is under strain on first day of new financial year

As India conducts world’s biggest lockdown, budget pressures will worsen on the back of a prolonged slowdown and depressed tax collections.

India against Covid: Express on ‘10 hotspots’, ‘bleak’ economy in Mint, HT on PPE shortage 

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
A pedestrian is silhouetted as the Bombay Stock Exchange (BSE) building, center, stands the background in Mumbai. | Photo: Dhiraj Singh| Bloomberg

This Indian fund manager has been buying stocks every day even as markets tank

Rajeev Thakkar of PPFAS Mutual Fund says this slump won’t be as bad for markets as global financial crisis & will be eased by massive support measures.
Migrant labourers gathered at a bus stand in Jaipur Saturday

Covid-19: Jaffrelot says welfare state needed, Sajjid Chinoy wants income support

Today’s political, economic & strategic punditry from Sajid Chinoy, Manu Joseph, Rahul Mazumdar, and many others.

For South Africa, coronavirus cure can be worse than the disease

South Africa had already arguably erred on the side of caution from a spectrum of measures. But the costs can outweigh coronavirus risk.
Delhi Police at Shaheen Bagh | Photo: Sura Singh Bisht | ThePrint

Covid-19: Kaushik Basu on police cooperation, Harsh Mander calls lockdown ‘anti-poor’

Today’s political, economic & strategic punditry from Kaushik Basu, Harsh Mander, Guy Ryder & many others.

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.
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.

On Camera

Prime Minister Narendra Modi with US President Donald Trump | File Photo | ANI

India and US must join hands during Covid-19 crisis, not increase nativist impulses

Katherine B. Hadda, former US consul general, Hyderabad, writes on the need for the US and India to unite during the Covid-19 crisis.

Modi’s 9-min candle plan Sunday: Needless spectacle or much-needed motivation for Indians?

PM Modi requested Indians to light candles, lamps or mobile torches at 9 pm Sunday for nine minutes in a show of solidarity in the fight against Covid-19.

Defence

The consignment in Maldives

IAF airlifts 6.2 tonnes of essential medicines, hospital consumables to Maldives

The consignment was airlifted to Male by an Indian Air Force C-130 aircraft, as part of 'Operation Sanjeevani'.

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.