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Commuters take the Woodlands Causeway to Singapore from Johor a day before Malaysia imposes a lockdown on travel on 17 March | ANI Photo via Reuters

Asia’s cautious reopenings mean economic recovery will be slow and uneven

After an era that saw a boost in tourism and freer capital markets, an Asia disconnected from the world would be a major step back.

India’s 50-day lockdown has brought economic misery even as Covid cases surge

Indian economy is headed for its first annual contraction in 40 years and the human cost has piled up in the form of hunger and untreated disease.
Representational image. Workers are not returning to their workplaces reopen slowly in India. Photo | Bloomberg

India is reopening its economy but millions of workers are staying at home

As India begins gradually easing the Covid lockdown, reopening the economy isn’t going to be a straightforward exercise, businesses say.
People queue up to buy vegetables | Photo: Manisha Mondal | ThePrint

India sees widest budget gap in 6 years as it breaches target on poor tax collection

The slippage adds to the challenges faced by PM Modi, who is trying to salvage growth that has ground to a halt due to a nationwide lockdown to curb Covid-19 spread.
The RBI logo

There’s no need for RBI to be coy about financing deficits

With India’s GDP set to shrink, RBI needs to think beyond cutting interest rates and flooding banks with liquidity.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI stops defending the rupee as forex reserves rise and volatility falls

Slowdown in RBI intervention has come since US Fed launched temporary facility allowing other central banks to swap treasuries for dollars.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

It’s a risk, but there’s simply no escape for India from printing money

India just shouldn't let printing money become a habit. Countries like US can get away with it, but the price for excess is greater for a developing country.
Commuters take the Woodlands Causeway to Singapore from Johor a day before Malaysia imposes a lockdown on travel on 17 March | ANI Photo via Reuters

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.
Deserted streets in Mumbai following the lockdown imposed to curb spread of coronavirus | Photo: Vasant Prabhi | ThePrint

India’s GDP is headed for a rare quarterly contraction in April-June quarter

With two of the three-week shutdown falling in April, GDP growth in the quarter to June could contract about 5%, the first in at least two decades.
Kandla SEZ

Both China and India opted for SEZs. But here’s why China raced ahead and India lost track

In 'All the Wrong Turns', T.C.A Ranganathan and T.C.A Srinivasa Raghavan explain how Deng Xiaoping's SEZ project in 1970s set the pace for China's economic rise.

On Camera

Representational image | Pixabay

Coronavirus attacks blood vessels, creates strange clots, autopsy studies show

Autopsies have revealed that Covid-19 is no ordinary respiratory disease. The virus is killing people by ravaging the circulatory system.

40 Covid apps across India: Lack of coordination or needed for micro-management?

India now has nearly 40 Covid-19 apps, including Aarogya Setu. The purpose of these apps range from contact tracing to providing health information and issuing e-passes.

Defence

File image of Chinese President Xi Jinping | Photo: Andrey Rudakov | Bloomberg

Ladakh military operation has President Xi Jinping’s sanction: China expert Jayadeva Ranade

Jayadeva Ranade says India shouldn’t hurry to settle the issue, questions why China carried out an operation that needed so much planning and money.

The Chinese are so predictable, Modi & Shah should’ve seen them coming on 5 August 2019

India should’ve anticipated the Chinese appearance in Ladakh, even the timing of it, when the status of Jammu & Kashmir was changed.