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The coronavirus pandemic is expected to cause both demand and supply shocks in the global economy (representational image) | Photo: Manisha Mondal | ThePrint

How India can buck the trend of global recession caused by coronavirus

Social distancing is our best bet against coronavirus, but will sharpen the impact on the world economy. India is better placed than many developing countries.
Marketplaces in Kalaburagi are deserted due to the COVID-19 lockdown | Photo: By special arrangement

India needs package of Rs 5 lakh crore to save businesses from collapsing due to Covid-19

Govt’s fiscal package has so far targeted non-workers. Present situation calls for major fiscal support to be extended to affected businesses & workers.
A cashier counts Indian rupee bank notes. | Photographer: Dhiraj Singh | Bloomberg

Why Rs 1.7-lakh crore relief package may not mean an equivalent fiscal hit in 2020-21

Some of the expenditures announced by the Modi government have already been accounted for in the Union Budget presented in February.

Covid-19: Devi Shetty says MCI can give India 1 lakh doctors, Katju wants PM-Opposition unity

Today’s political, economic & strategic punditry from Devi Shetty, Arun Maira, Jean Dreze, Vivek Katju & many others.
Nirmala Sitharaman

Sitharaman promises economic package ‘soon’, but eases norms for businesses and taxpayers

Firms get relief on tax returns, company law compliance, and triggering of insolvency proceedings. Regulators are monitoring the markets and economy, assures the FM.
Former Niti Aayog vice-chairman Arvind Panagariya



Economic costs for India may be huge if COVID-19 fallout lasts 6 months: Arvind Panagariya

In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya welcomes rupee depreciation as it will make Indian exports more competitive.

10 steps Modi govt should take to manage economic fall-out of coronavirus: SC Garg

It’s time to take steps to protect production & distribution systems, upgrade telecom & IT industry and prevent financial sector from falling apart.
Subramanian Swamy | File photo | ANI

Subramanian Swamy writes to PM Modi over COVID-19, says economic relief package crucial

In the letter, BJP Rajya Sabha MP Subramanian Swamy listed steps announced by countries such as the US, UK, South Korea, to help their economies hit by COVID-19.
The Reserve Bank of India (RBI) logo is displayed inside the central bank building in Mumbai

India’s forex reserves plunge the most in 8 years as RBI defends the rupee

India’s forex reserves fell by $5.35 billion to $481.9 billion in the week ended 13 March, the most since November 2011 when the hoard dropped $5.7 billion.

C Raja Mohan for tech help on COVID-19, Ban Ki-Moon’s ‘deeply concerned’ about India

Today’s political, economic & strategic punditry from Sudipto Mundle, C. Raja Mohan , Ban Ki-Moon, Ameen Jauhar & many others.

On Camera

Animals have come home. Covid-19 lockdown gives control back into nature’s hands

With people in India and elsewhere locked down in homes due to the coronavirus, the peaceful reclamation of public spaces by animals is teaching us important lessons.

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

Army personnel distribute packaged food to the homeless in Chennai on 31 March 2020 | PTI

In a first, Army deploys medical team at civil coronavirus quarantine camp in Delhi

The Indian Army has so far only been operating out of quarantine camps set up by the armed service for coronavirus patients.

Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less

Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.