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Prasanna Mohanty
May 28, 2020
For a republic at work since 1947, decisions on issues of national importance without prior consultation with experts, opposition parties, state governments and other stakeholders are not only inconceivable but come with consequences that could be easily avoided


Prasanna Mohanty
May 27, 2020
The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting


Associated Press
May 26, 2020
The package would bring the amount of spending to more than 200 trillion yen ( 1.9 trillion), he said. The government earlier compiled a 117 trillion yen stimulus package


PTI
May 22, 2020
The government has in its economic stimulus package provided for 5 kg of foodgrain and Rs 500 per month for three months to poor women having Jan Dhan accounts


Prasanna Mohanty
May 21, 2020
The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea


PTI
May 21, 2020
China has denied covering up the extent of its coronavirus outbreak and accused the US of attempting to divert public attention by insinuating that the virus originated from a virology laboratory in Wuhan


BusinessToday.In
New Delhi, May 21, 2020
Coronavirus impact: Government is cognizant of the relative severity of lockdown on economic activity in the country and is cautiously optimistic about the signals from Indian benchmark equity indices, said the report


BusinessToday.In
May 21, 2020
Coronavirus lockdown 4.0 India highlights: Delhi reported the highest single-day spike of 571 fresh cases on Thursday, taking tally in the city to 11,659 and the death toll from coronavirus infection rose to 194


PTI
May 20, 2020
While almost all major economies are shrinking as a result of coronavirus, only three countries China, India, and Indonesia are projected to experience small, but positive rates of economic growth in 2020


BusinessToday.In
New Delhi, May 19, 2020
A recovery in fuel demand in India gathered momentum in the first half of May versus April as curbs on transport and industrial activity were partly lifted in areas that have contained the spread of coronavirus; The head of International Monetary Fund has said the global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected. Managing Director Kristalina Georgieva said the Fund was likely to revise downward its forecast for a 3% contraction in GDP in 2020, but gave no details; Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks. Coronavirus has obviously slashed demand for rides. Watch this and more news on News Blast.Also Read: Moderna stock rises 30% after coronavirus vaccine shows promise; stock up 416% in year so far


BusinessToday.In
New Delhi, May 19, 2020
Coronavirus effect: Uber cuts 3,000 jobs as demand tumblesUber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two . Coronavirus has obviously slashed demand for rides. The San Francisco company has cut a quarter of its workforce since the year began, eliminating 3,700 people from the payroll earlier this month. It is trying to rejig its strategy by re-focusing on its core business, moving people and delivering food and groceries, said CEO Dara Khosrow...


Reuters
May 19, 2020
Asked about renewed tensions between the United States and China the world's two largest economies, Georgieva said she was urging member countries to maintain open communication and trade flows that had underpinned global growth for decades


Prasanna Mohanty
May 18, 2020
For years, India's fiscal practices and numbers have remained under a cloud with CAG red-flagging off-budget financing and window-dressing of accounts. Not putting the house in order now means effectiveness of stimulus 2.0 or deficit financing of a higher order would be unknown and unknowable


Reuters
May 16, 2020
Georgieva said that the big winners from the coronavirus pandemic were the digital economy, and providers of e-commerce, e-government and e-learning services


Joe C Mathew and E Kumar Sharma
New Delhi, May 12, 2020
India badly needs a stimulus. Here's how to find the money


Anisha Sharma and Marti G Subrahmanyam
New Delhi, May 12, 2020
Why equity financing by the government may be an important step to get India Inc. back on track


Reuters
May 9, 2020
Global coronavirus news: Cases in Pakistan surged past 25,000 on Friday, just hours before the government was due to lift lockdown steps


PTI
May 9, 2020
More than 33 million Americans have lost their jobs in the last two months due to the coronavirus pandemic that has brought the US economy to a standstill


Prasanna Mohanty
May 9, 2020
India needs to address massive job losses; strengthen public healthcare for COVID-19 and beyond; develop institutional mechanisms and leadership to respond to emergencies; devolve decision-making and funding to states, local bodies and scale up public spending to infuse life into the economy, all of which call for structural changes


Hari Hara Mishra
May 6, 2020
Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people


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