Wednesday, 5 May, 2021
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India was on the road to recovery before deadly second Covid wave hit

Activity in services sector moderated in March after expanding the previous month. Output at infrastructure industries also shrank 4.6% in Feb from a year ago.
Representational image | Photo: Dhiraj Singh | Bloomberg

Why tax and spend could be the new mantra for Modi government

Like all fashion, intellectual fashion too moves in circles. With economic disruption, growing inequality, & lack of government resources, economic practice is coming full circle.
The NITI Aayog office in New Delhi | Photo: Manisha Mondal | ThePrint

Ocean resources can boost economic growth, Niti Aayog to study how

The new Blue Economy Coordination Committee will be headed by Niti Aayog vice chairman Rajiv Kumar.
Representational image of a worker at a factory in India | Flickr

India’s growth prospects are being rolled back as Covid cases hit new records everyday

Mobility of people across various Indian cities has fallen sharply, economists say, as country battles a second wave of Covid and surge in lockdowns.
ThePrint Team -- 50 word edit

India can’t afford a 2020 repeat — for migrant workers or economy

ThePrint view on the most important issues, instantly.
The Anti Terrorism Raju Memorial Sculpture at the TSC circle of the University of Dhaka | Ismail Ferdous/Bloomberg

No Mujib, armed ‘mukti juddhas’ and tension —The year after Bangladesh’s liberation

In ‘Untranquil Recollections’, economist and freedom fighter Rehman Sobhan writes about the challenges faced by the newly independent Bangladesh in the early years.

Survey shows Delhi’s economy estimated to contract by 3.92% in 2021

In real terms, the contraction in Delhi's gross state domestic product is expected at 5.68% in 2020-21 compared to contraction of 8% at national level, the economic survey showed.
Illustration: Ramandeep Kaur | ThePrint

Why the fortunes of corporate India are beginning to show a sharp recovery

Performance of corporate India showed a sharp recovery in October-December quarter. Decline in Covid-19 cases & step-up in vaccination will further support recovery in coming months.
PM Narendra Modi | Kiyoshi Ota/Bloomberg

India is re-engaging with China and Pakistan — it’s another pre-emptive Modi strike

With an eye on the new Biden administration in the US, climate change and its own sputtering economy, India is slowly changing its rigid foreign policy.

Manufacturing or high-tech? This is what India’s most prosperous states focus on

We studied the development models followed by Maharashtra, Gujarat, Tamil Nadu, and Karnataka. And the differences were stark.

On Camera

Western press critical of Modi, so why is G-7 inviting him to UK summit?

Despite Modi’s hubris in declaring victory on the virus, the world recognises that the prime minister remains the tallest leader on the national landscape.
IDBI Bnak

Cabinet approves strategic disinvestment, transfer of management control in IDBI Bank

According to the statement, the extent of respective shareholding to be divested by govt & LIC will be decided at the time of structuring of transaction in consultation with RBI.

Defence

Representational image of a healthcare worker handling an oxygen cylinder | Photo: ThePrint

Delhi govt reduces Base Hospital’s oxygen allocation, Army says no need to panic

Due to shortage, less than 1 MT oxygen could be allocated to Base Hospital in Delhi Monday. Army has requested MoD for additional allocation & is also making arrangements on its own.
Illustration by Soham Sen | ThePrint

Mayday, Mayday — How Modi govt led India into a perfect storm

Triumphalism, premature declaration of victory meant no one checked if India had enough vaccines, oxygen, remdesivir, bringing us back to a crisis where we need foreign aid after four decades.