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Representational image | Dhiraj Singh/Bloomberg

India’s animal spirits remain motionless despite economy reopening after lockdown

The needle on a dial measuring animal spirits remained static as 4 of 8 high-frequency indicators gained in June, 2 were unchanged & rest deteriorated.
Assocham president Niranjan Hiranandani | ThePrint

Need to revive demand, slash GST rates by 50% for all sectors, says Assocham chief

In an interview with ThePrint, Assocham president Niranjan Hiranandani says RBI should also look at a one-time loan restructuring to prevent a banking system collapse.
Residential and commercial skyscrapers stand in downtown Dubai, United Arab Emirates | Photographer: Christopher Pike | Bloomberg

Dubai business conditions improve as city emerges from lockdown

Non-oil private sector activity in the Middle East’s business hub improved for the first time since February.
An employee walks past gantry cranes loading shipping containers onto trucks from the Cosco New York container ship docked at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust (JNPT), in Navi Mumbai. Photographer: Dhiraj Singh | Bloomberg

Why India’s growing economic reliance on China will be tough to break

India buys everything from electronics to key drug ingredients to industrial machinery from China and reducing that reliance won’t be easy, experts say.
Prime Minister Narendra Modi | Photo: ANI

Modi’s rajniti unable to tackle India’s three big crises. Time for lokniti

The nation wants to know the reality of the coronavirus spread, the situation at the LAC, and the condition of economy. But the Modi government is washing its hands off.

E-mobility is the best solution for both climate and economic crises

Transport accounts for 23 per cent of global energy-related greenhouse emissions. But existing electrification technology could cut down these emissions by 2050.
Boris Johnson | Twitter | @BorisJohnson

Boris Johnson gambles on lifting lockdown to save UK

Johnson’s message to UK is clear ⁠— get out and get spending. But despite his drive to get life back to normal, businesses will have to ensure proper Covid measures are followed to avoid new cases.
File photo of PM Narendra Modi | ANI

Millennials have seen India shining, they will judge Modi by last 30 years, not 70

Most Indian millennials' political memory starts with liberalisation and then Vajpayee. Modi’s promises will be measured against that.
Representational image | Pixabay

Bangladesh is facing a major remittance loss due to Covid-19

International remittances make up 7 per cent of Bangladesh’s GDP, but Covid-19 has adversely impacted its migrants working in countries with strict lockdowns.
Women health workers during house-to-house drive for coronavirus at a slum in Kolkata on 27 April 2020

Covid pushed women back decades. India can’t be ‘atmanirbhar’ without bailing them out

Most women in India are shouldering the larger burden of household duties now. Those who have jobs are on ‘double double shift’.

On Camera

Netflix’s ‘Indian Matchmaking’ is only too accurate

Among Indians, unlike other regressive trends, the emphasis on caste has not weakened even though more and more Indians today have received modern educations.
Attendees view the Apple Inc. iPhone 11 after an event in Cupertino, California, U.S. | Photographer: David Paul Morris | Bloomberg

Apple & Samsung’s assembly partners pledge Rs 11,000 crore investment in India

Foxconn & Wistron are among firms picked to make smartphones under a new government plan that’s aimed at encouraging global companies to shift manufacturing beyond China.

Defence

Representational image of the Indian Army in Ladakh | ANI File Photo

5th military-level LAC meeting on, India could press for Chinese troops’ return from Finger 4

India will ask for the Chinese troops to fall back behind Finger 8 at Pangong Tso. Since the last meeting, the status quo has remained on the LAC.
Illustration by Soham Sen | ThePrint

Modi govt’s NEP is out of touch with reality, Indian voters want English-medium education

State leaders with their ear to the ground, like Nitish, Mamata and Yogi, have shown that the push for native language education is not what voters want.