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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.
The iconic tank-like supertruck is back, without its biggest handicap – the giant, gas-guzzling engine. If GM's gamble pays off, it could be the most resounding endorsement yet of a decisive shift to electric from fossil fuels.
While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables.
India-Australia ties have been on an upswing since 2012, when the Australian government decided to sell uranium to India despite India not being a signatory to the nuclear Non Proliferation Treaty, which was formalised by way of a bilateral agreement in 2014.
Kerala and Punjab are two of the largest remittance recipients among Indian states, and are likely to bear the brunt of the fall in remittance flows, Dilip Ratha, who heads the global migration think tank KNOMAD, told The Sunday Express.
To stimulate the US economy, Federal Reserve has indicated that benchmark interest rates would remain near zero at least until 2023. What is the background of its guidance, and the implications for India?
While the over 3% agriculture growth in the first quarter factored in strong Rabi procurement, with high-price realisations getting reflected in the output numbers, fresh data from mandis indicate a slide in the prices of the intercrop produce — horticulture, milk and poultry etc.
The proposals over the last couple of months to domestically manufacture solar equipment in India include those from the US-based First Solar, Gurgaon-based Renew Power, Kolkata-based Vikram Solar and the Delhi-headquartered Waaree Energies.
The United Kingdom — which already has the highest death toll in Europe from the virus — seems to be paying for being late in imposing lockdown restrictions, as compared to its neighbours such as Spain and France.
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.
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.
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.
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.
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?
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.