Page 18 - Economic Slowdown

PM gave headline and blank page, hope Sithraraman will fill it: Chidambaram

Chidambaram said he would count every additional rupee the government infuses into the economy

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines

Unrealistic growth forecasts

Substantial shrinkage of GDP is now a certainty

Covid-19 impact: International tourism may decline by 60-80% in 2020

This places millions of livelihoods at risk and threatens to roll back progress made in advancing the Sustainable Development Goals

Covid-19 lockdown: Forget administrative strategy, shift to an economic one

It is important that the country now shift from a home ministry-driven administrative approach to an economic approach

Coronavirus impact: Now 33.5 mn seek unemployment benefits in US

The reports support many economists' belief that the economic slump could persist for a while

Best of BS Opinion: Economic slowdown, Covid-19 outbreak, and more

Here's a selection of Business Standard opinion pieces of the day

Covid-19 lockdown wipes out service activity in April, PMI drops to 5.4

As many as 97 per cent of the 500 companies surveyed by IHS Markit, which conducts the survey, reported a fall in output

Covid-19 impact: India services PMI falls to lowest ever in April

India's services activity collapses as coronavirus palayses global economy -PMI

Covid-19 and women@work

Poor access to economic opportunity is reflected potently in India's famously poor female labour force participation rates

In a sea of red ink

A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed

Cigarette sales may see steepest dip in 20 years on lockdown, tax rise

The sector witnessed the last steepest decline in 2015 when sales volume contracted by 8.2 per cent

IRS officers for super-rich tax hike amid coronavirus outbreak; govt riled

The committee has argued the 'super-rich' have a higher obligation towards ensuring public good and recommended either raising income-tax rate for the highest slab or re-introducing wealth tax

Coronavirus crisis: Lockdown batters India's already slowing economy

Some of the leading indicators only tell the magnitude of its impact

India coronavirus dispatch: A few notes on restarting the economy

From the impact on urban poor, to miles between relief and reality, and how India should not lapse into 'permit raj' after the lockdown - read these and more in today's India digest

Fear factor, again

Industry right to question definition of negligence in Covid cases

RBI to buy and sell Rs 10,000 cr in bonds to manage its balance sheet

According to the latest available figures, the Reserve Bank of India had about Rs 9 trillion worth of bonds on its books

India's GDP growth may dip below 1% in 'slowdown turbulence', says CII

The Confederation of Indian Industry (CII) in a paper - A plan for economic recovery - has laid out its growth expectation under three os and suggested "urgent" fiscal interventions

Covid-19 impact: Fitch slashes India's GDP forecast to below 1% for FY21

Mexico, Brazil, Russia, South Africa and Turkey have all seen big GDP forecast adjustments

Policy dilemma: Is the Covid-19 pandemic a demand or supply shock?

In the absence of clarity about the impact of this crisis on demand and supply, any measure undertaken presents the possibility of proving to be eminently wrong when clarity eventually emerges