P Vaidyanathan Iyer

The central government’s package, as it is, comes a week after Kerala first announced a Rs 20,000-crore support for its people. Many states including Uttar Pradesh, Uttarakhand, Punjab, Telangana and Rajasthan followed suit.

Over the last few weeks, many daily wage labourers and part of the unorganised or informal sector could not find work because of the lockdown.

Over the last one month, the government pulled out all stops to contain the spread of the Covid-19. During this period, economic ministries including Commerce and Industry, Heavy Industries, Road Transport, Civil Aviation, Pharmaceuticals and Consumer Affairs met and heard stakeholders.

Capping withdrawals for Yes Bank depositors is foolish for two specific reasons, particularly when the economy is floundering with growth rates of around 5%.

Speaking about RBI's stance on inflation, Dr Prachi Mishra said, "Core inflation is about 30-40 per cent of the basket, which is low compared to other countries. But that’s a standard macroeconomic indicator of what stage of the cycle you are at".

Asserting that the central bank has the space for independence and autonomy, RBI Governor Shaktikant Das said all decisions taken in the last year “are our own objective, independent decisions”.

RBI Governor Shaktikanta Das underlined the central bank’s focus on growth and financial stability, its relationship with the government and the challenge in sustaining the first trickle of positive numbers.

The government has lulled itself into imagining the slowdown is cyclical, and counter-cyclical policies — fiscal and monetary — can reverse the growth path. That be so, but has the government moved with conviction to pursue such policies?

Union Budget 2020-21, presented by Finance Minister Nirmala Sitharaman Saturday, carried a visible imprint of the Prime Minister’s fiscal conservatism, inasmuch as it kept a tight leash on expenditure, tacitly admitting there was little headroom for higher spending.

The retail inflation of 4.6 per cent in October was largely due to increase in food prices, which is seasonal, and more transient in nature.

This sharp powering down has disrupted the plans of Corporate India. Companies across sectors — from those making tractors to toothpaste — had, over the last two decades, been primed to plan for a trend growth rate of 8 per cent.

Warning signs across FMCG, tractors & 2-wheelers, gold, real rural wages

Union Finance Minister Nirmala Sitharaman was the guest at the recent Express Adda held in Mumbai. She spoke to The Indian Express on India’s decision to not join the RCEP, boosting investment and ushering in reforms

The unravelling of the India leg of the global off-shore investigation that took the world by storm.

Ayodhya verdict: The 1,045-page order — its context and contents — broken down.

On May 9, 2018, Sebi amended the ‘Listing Obligations and Disclosure Requirement’ regulations stating that the Chairperson of the board shall be a non-executive director and not related to the MD/ CEO.

“Some special dispensation for the Union Territory of Jammu & Kashmir is likely. This will be in the letter and spirit of the August 5 decision taken by the government,” said a government source who did not wish to be named.

Together with Michael Kremer, Nobel committee recognises their experimental approach to alleviating global poverty; Modi to Rahul to Mamata, India applauds.

“There is a permanence to the change in the status of the state and the people post August 5. Silence, humiliation, resentment, anger and protest in the nature of self-imposed curfews has been the reaction so far. It hasn’t manifested in violence. So far,” said an official.