Page 1882 - Economy & Policy News

Working capacity at 25% may be unviable as industry awaits end of lockdown

Auto component vendor Nippon Paint India said that at 25 per cent capacity, it will not even meet plant overhead costs, leave alone company overheads.

CPI inflation slows to 5.91% on easing food prices, may increase in April

Prices are likely to rise again in April, according to analysts, with the actual impact of the Covid-19 and the resultant lockdown yet to be fully seen.

As road sector gears up to resume work, uncertainty looms over compensation

As work came to a halt, mobilised equipment remain stranded with idling costs rising

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Retail inflation slows down to 5.91% in March on easing food prices

The retail inflation based on Consumer Price Index (CPI) was 6.58 per cent in February 2020 and 2.86 per cent in March 2019

Lockdown: Chhattisgarh units reluctant to restart with state's riders

They say arranging transport and masks for workers is impractical, point out government's reluctance to provide power tariff exemption

India's 2019-20 fuel demand growth worst in over 2 decades as virus strikes

Due to restrictions on movement and travel advisories, India's consumption of diesel, petrol and aviation turbine declined massively during March

Coronavirus lockdown may have cost Indian economy Rs 7-8 trillion

Prime Minister Modi is likely to detail the post-lockdown scenario in an address to the nation on Tuesday morning

ONGC gas output drops 15% as factories shut operations in virus lockdown

The customers refusing gas supplies are mostly small companies whose business has been completely shut because of the lockdown, and city gas distributors who have seen volumes vanish after CNG vehicle

Creating fiscal space for the states

In the second part of a series, the authors say the current uncertainties require room for discretion to serve as a necessary handmaiden of rules that cannot alone cater to all contingencies

Wages vanish, demand for ration soars as coronavirus lockdown hits villages

Despite the lockdown, the Centre exempted a range of farm-related activities, resulting in rabi harvest of potatoes and wheat to start in the fertile belts of western UP

Solidarity today, new social compact tomorrow

In the concluding part, the authors argue that to prevent India's social fabric from fraying, additional solidarity resources from the wealthy and secure to cushion the millions affected is imperative

Covid-19 woes: Allow limited activity in select sectors, DPIIT tells govt

The exit plan from the lockdown is recommended after getting suggestions from a detailed interaction with various states and industry bodies, the letter said.

From UP to Punjab, mechanised harvesting faces coronavirus lockdown hurdles

A combine harvester is a key equipment for farmers in Punjab, Haryana, Madhya Pradesh, and Rajasthan as it can harvest acres of land at one go and doesn't require much labour

Coronavirus lockdown: Govt may start economic activity in 'green zones'

Delhi to sanitise city's red, orange zones from Monday

Statsguru: World equity markets rebound sharply from their coronavirus lows

Not just equities but gold prices too have jumped following the Fed action

World Bank sees India's GDP growth at 1.5-2.8%, lowest since 1991 crisis

Warns social distancing to be a challenge among migrant workers, slum dwellers

Need economic package and open industry in staggered manner, says CII

The CII has argued in favour of the government providing direct rations to affected populace rather than cash

Covid-19 impact: Pharma players join hands to ensure smooth production

Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries