The immediate priority for policymakers is to address the health crisis and contain economic damages with support for households, firms and essential services.
The market, which is gradually becoming a place of winners-take-it-all, should be brought back to days (pre-1980-era) where the distribution of ‘all’ was much less skewed among labours of the world.
India Today Editor-in-Chief talks about how the pandemic and lockdown have crippled the Indian economy, and what needs to be done to navigate this crisis, in the September 7, 2020 edition of the India Today Magazine.
In order to tide over the Covid-19 crisis and kickstart the economy, the government should consider printing money and transferring the equivalent amount directly into the 30 crore Jan Dhan accounts.
Rather than having an ambition of $5 trillion economy that seems almost unattainable by 2024, it is now important that the next three years focus on the creation of better provisions of public goods and services like health.
One of the worst-hit business sectors in the pandemic is textiles, and within that segment, garment makers, especially those who were betting on exports.
Curtailed mobility of people due to the Covid-19 pandemic and related restrictions will shrink India’s air passenger traffic in both domestic and international sectors.
The UK and India are combating the pandemic together, and it is just as important that they remain aligned when we emerge from this crisis.
The pandemic and the subsequent lockdown has hurt micro, small and medium enterprises across sectors, leaving them vulnerable.
Globalisation increases not only an economic phenomenon, but it also has other aspects such as technological, cultural and ecological. Deglobalisation will shrink these circles of global cooperation.
India’s nationwide lockdown has led to massive retrenchment and loss of output.
More than one-third of the micro, small and medium enterprises (MSMEs) will be pulling down their shutters as a result of the present economic trough, despite the liquidity measures promoted by the FM.
India’s maritime sector stands at the cusp of a new dawn. If we are to establish ourselves as a leader in the maritime space, we need to take giant leaps in technological and financial aspects.
India has to assess whether it is time to look the dragon in the eye, or face the mirror.
Global investors are looking for the best return on capital, access to skilled labour, robust infrastructure which can support operations at a competitive cost, and regulatory certainty.
How Finance Minister gave liquidity lifeline for the economy but not the structural reforms India needs
Nirmala Sitharaman's economic package does not quite amount to the deep structural reforms India needs. It is a crisis liquidity fund to put the economy back on its feet.
FM Nirmala Sitharaman’s first tranche of announcements of the fiscal stimulus for economic recovery closely follows PM Modi's vision of making the economy self-reliant.
The biggest concern for the Centre on whether the lockdown should be extended is the lives versus livelihood debate.
India Today Editor-in-Chief talks about the lack of job security created by the Covid-19 pandemic, in the May 11, 2020 edition of the India Today Magazine.
The situation has created rigmarole in market clearance across commodity derivatives markets of the world.
A ‘new normal’ in terms of central banks’ targets may have to be designed taking into account the implications of stopgap measures used to address the current health crisis.
Most estimates place India's GDP growth in 2020-21 at below 2 per cent. Even that will be hard to achieve unless there is a quick rebound in economic activities.
India Today Editor-in-Chief talks about how to to get the economy back on track while ensuring there is no resurgence of Covid-19, in the April 27, 2020 edition of the India Today Magazine.
A changing global economic order will make many nations focus on India as a preferred destination for investment over China.
The country is on the right path in its march towards leveraging technology and creating a disruptive solution for service delivery.
While one end of the C-C approach is a fiscal strategy for aiding an economy to recovery, the other end is a comprehensive public health response to the infected hotspots.
India Today Editor-in-Chief talks about the most difficult decision for the government to make in view of the economic suffering the lockdown is causing to the most vulnerable in our society, in the April 20, 2020 edition of the India Today Magazine.
The default threshold limit is being increased to Rs 1 crore from the previous Rs 1 lakh to prevent triggering of IBC proceedings for medium and small enterprises.
Covid-19 is an unforeseen shock of such magnitude to the global economic landscape, that this has no historical precedent in recent memory that one can have a preexisting narrative to estimate its impact.
Being part of global value and supply chains remains critical for Indian firms to become more competitive over time and extract greater value.
Rethinking Indo-US trade: India and United States have been strategic partners but wrinkles remain and for both countries to benefit, the diplomacy needs to go beyond the optics.
India Today Group Editor-in-Chief talks about how a clutch of promising initiatives fall short of being a credible roadmap to economic recovery, in the February 17, 2020 edition of the India Today Magazine.
Given China’s massive global economic footprint, the impact of the epidemic is beginning to be felt, without a crisis point being reached as yet.
Survey focuses on the government’s priority on labour-intensive employment and a greater reliance on reforms in agri-business and export segments.
The first budget of the new decade could have been more promising in the bleak times of economic slowdown.
Union Budget 2020-21 is not merely a statement of government expenditure and receipts, but pursues a holistic vision of well-being.
India Today Group Editor-in-Chief talks about the Indian economy, which is in the midst of a prolonged slowdown, in the January 27 edition of the India Today Magazine.
Even if one were to assume vegetable prices would self-adjust, owing to 'seasonal' factors, one still needs to pay careful attention to other commodities like cereals and milk.
Though today it looks as if Xi's 'pockets' have no bottom, the question remains, can it last forever?
This announcement comes at a time when the government's fiscal position remains clogged.
As the whole country gears up for the FM's second Budget next month, some believe that the economic slowdown has bottomed out.
The year 2019 saw a further deterioration in economic growth, with a possibility that the current fiscal year may record the slowest annual GDP growth in nearly two decades.
Over the last quarter, onion prices soured from around Rs 25-30 per kg to around Rs 120 per kg across major cities and semi-urban parts.
India Today Group Editor-in-Chief talks about why economy's growth engines are slowing down and what can fix them, in the December 16 edition of the India Today Magazine.
For decades, we have had a system that is 'naturally populist, seldom liberal'.
Maybe India was correct in staying out of RCEP, but now it has a lot more work to do at home.
The housing sector has been affected by serious cash-flow problems and insolvency-related issues.
India has a trade deficit to the tune of $184 billion with the 15 member countries.
India Today Group Editor-in-Chief talks about why the economic gloom refuses to go away this festive season, in the October 28 edition of India Today magazine.
The burden of economically irresponsible judicial decision-making could be exponential as was the case with the famous coal block allocation case.