As janta curfews and lockdowns impact ongoing projects, government spending on relief measures may limit future infra spends
C Rangarajan, Montek Singh Ahluwalia, and Pronab Sen say the present crisis is different from the one then and requires a different prescription
Higher share of replacement segment should help cushion demand drop
US airlines are seeking to quickly reduce their workforces through unpaid leave of up to 12 months with medical benefits or early retirement packages in a sign carriers do not expect a quick rebound
Taking into account the current slow economic growth and changes in the prices of commodities, analysts at Nomura estimate 10% and 8% downside risk to FY21 and FY22 consensus' earning estimates
Fear of contraction has kept demand low, especially across the services sectors like airlines, hotels and events, says Gopani
Gandhi also attacked Prime Minister Narendra Modi over the economic situation in the country, saying the PM should get his head "out of the sand" to deal with the problem facing the country.
His remarks came in response to a question on whether the US economy is heading towards a recession
While growth in manufacturing hinges on expansion of industrial base, growth in domestic consumption is likely to continue on urbanization and irrigation drive
The Reserve Bank of India is expected to hold a media interaction later in the day today. It is widely expected that the central bank will cut rates and announce measures to boost sentiment.
But there have been some delays due to land acquisition and other issues
Randeep Surjewala questioned the government on its "crony capitalism" in trying to save Yes Bank by making State Bank of India (SBI) depositors bail that bank out
The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17
IMF officials have been urging a strong, coordinated global response, including rolling out spending measures to cushion the blow from the virus
For an investor through the systematic investment plan route, timing does not matter so much
Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms
While spending has been ramped up and work has continued apace in some marquee projects, there have been some delays due to land acquisition and other issues
New risk in the form of the Covid-19 virus only adds to the economic cholesterol that India has accumulated over the past few years
The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies
High reservoir levels and soil moisture levels point to a good rabi harvest that could cool inflation and revive consumer demand