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Sunday, August 09, 2020

Anil Sasi


Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.

Explained: Two reasons why RBI did not cut interest rates, contrary to expectations
Fri, Aug 07, 2020

CPI inflation is rising, and has breached the central bank's medium-term target. And the MPC has already cut repo rate by 115 basis points over the course of the last seven months

Explained: What’s behind US GDP slide and why is China different
Fri, Jul 31, 2020

The worrying news for the US is what economists seem to be widely projecting -- that the scale of this fall in the first quarter will be dwarfed by that in the second.

Explained: In market high, some fears
Wed, Jul 29, 2020

The primary reason why markets around the world are rallying is the mega stimulus packages announced by global central banks. A crash in the US could have a cascading impact on India

Explained: What is the significance of Kakrapar-3?
Sun, Jul 26, 2020

KAPP-3, which attained criticality on Wednesday morning, is India’s first 700 MWe unit, and the biggest indigenously developed variant of the Pressurised Heavy Water Reactor.

What sold or didn’t in lockdown: Bread, jam up, ice-cream down
Thu, Jul 23, 2020

While the two-month national lockdown generally dampened spending, fast-moving consumer goods (FMCG) companies saw certain unusual trends in demand in certain product categories, company executives said.

Explained: The new technology cold war
Thu, Jul 23, 2020

US has moved to block China's access to chipmaking tools and designated Huawei, ZTE as national security threats. With the 5G rollout imminent, the tussle will not leave other countries, including India, untouched.

Explained: China’s unexpected GDP rebound, and signals for India
Wed, Jul 22, 2020

In India, with most economic activities losing two months of output and subsequent localised lockdowns being announced by states in the wake of the surge in case load, the recovery process looks like it would be an extended one.

Electricity to jobs: Uptick in economy but that’s flattening
Sun, Jul 12, 2020

That the “unlocking” has been patchy is reinforced by Google footfall data showing that while public mobility has improved in recent weeks across India, states that have higher infection rates are seeing curtailed public movement and economic activity.

Behind market rebound: What explains this trend, and how likely is it to sustain?
Sat, Jul 11, 2020

Since a slump on March 23, India’s stock markets have been rising despite Covid-19, tensions with China and projections of economic contraction. What explains this trend, and how likely is it to sustain?

Chinese imports: Banks delay issue of LCs, flag SME solvency concerns
Mon, Jul 06, 2020

Banks have turned cautious as reports of consignments being held up at ports continue and duty rates are being revised upwards for certain categories of products.

Why is Tesla’s stock zooming – and can Musk’s vision sustain his business?
Thu, Jul 09, 2020

The successes in Elon Musk’s space venture have had a rub-off effect on Tesla's car business. Days after SpaceX's launch that sent two astronauts on board the Falcon 9 rocket into space, Tesla's stock surged sharply.

Apps ban: Retaliatory step signals intent, blocks China access to growing youth market
Thu, Jul 02, 2020

Banning 59 mobile apps that have Chinese overhang is both a statement of intent and a strong signal. This may not hurt India given the alternatives in the app space but for China, the Indian app market is growing and valuable.

Explained: Why, despite the pandemic, some billionaires are becoming richer
Wed, Jul 01, 2020

As the pandemic ravages economies and destroys livelihoods across the world, the super rich, especially in the US, are getting richer — billionaire wealth is estimated to have increased by $565 billion since March 18.

Rathin Roy: ‘Need to settle NREGA the moment work is executed… pay by end of working day’
Mon, Jun 29, 2020

In this E-Xplained held a few weeks before he quit as Director, National Institute of Public Finance and Policy, Rathin Roy, ex-member of PM’s Economic Advisory Council, discusses challenges and options in a likely recessionary year.

As Delhi plans next steps, on the table: Chinese stakes in Indian tech
Fri, Jun 19, 2020

While China may not be a big investor in the traditional sense, and business relations are viewed more in terms of the trade deficit that India suffers, it is the new economy and start-up space where China has increased its influence.

For Atmanirbhar Bharat: Govt agencies across sectors tweak rules, form policies to push local
Mon, Jun 15, 2020

A week earlier, the DPIIT had modified the public procurement norms to give additional preference to domestic companies in government contracts, barring companies with less than a fifth of localisation from participating in most government tenders.

Roti vs parotta, biscuit vs chocolate, fryum vs papad
Sun, Jun 14, 2020

Too many tax slabs, rates lead to more disputes over product classification

Explained: How fuel price decontrol works — or why consumers always lose out
Fri, Jun 19, 2020

India fuel prices: The key beneficiary in this subversion of price decontrol is the government. The consumer is a clear loser, alongside fuel retailing companies as well.

Tax chief seeks counsel; Jaggi Vasudev says scrap I-T
Tue, Jun 09, 2020

At the ITAT webinar, Mody, in his query to Vasudev, asked that even as the tax department “has done a lot” to ease the compliance burden of the taxpayers, “still there exists some sort of trust deficit between the taxpayer and the government”.

Despite Govt’s big MSME push, entrepreneurs are guarded in their optimism. Four reasons why
Mon, Jun 29, 2020

The problems faced by the MSME sector, which makes up about 45% of the country’s total manufacturing output, 40% of its exports, almost 30% of GDP, and employs an estimated 11 crore persons, precede the pandemic.

Explained: When will international air travel restart?
Mon, Jun 22, 2020

When will international flights start again? On what factors will the timing and the roadmap depend? What are the concepts of ‘bubbles’ and ‘air bridges’ being considered by global aviation regulators?

Industry chorus: Package not much help, govt must do the heavy lifting
Fri, May 29, 2020

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

Heat wave, restart of industrial activity push power demand close to last year’s levels
Thu, May 28, 2020

Tuesday's peak demand figure — the highest power demand met during the day — actually crossed the level of last year, the first time this has happened since March 22.

Nitin Gadkari: I am confident migrant labourers will return but we need to create confidence in their minds
Sun, May 24, 2020

In an e-Adda hosted by The Indian Express, Nitin Gadkari, Union Minister of Road, Transport & Highways and MSME, spoke on clearance of dues to MSMEs, how to get demand back in the market and restarting industry.

Explained: Why the govt changed its mind in just three days and allowed flights
Sat, May 23, 2020

Even as the move brings a respite to airlines and the various allied sectors, the limited capacity operations with fare regulation and other added costs have left airlines wanting for more.