BUSINESS

Wrong medicine will not heal the economy

The only way to come out of the looming economic crisis is to have large-scale direct cash transfer at least for the next six months to boost demand. This in turn will generate jobs and increase consumption levels to bring

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Collapse of world economy

The deepening recession in the global economy and intelligence data on new moves by the global financial elite suggest a cardinal shift in international politics is under way As the highly contagious COVID-19 torments the nation, some “eminent” economists advised the

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RBI move means little

The Central bank wants to lend more but there are few borrowers and banks are wary of piling up NPAs The Reserve Bank of India (RBI) may have done another repo cut, hoping banks will lend more, but the cold

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Exiting a desi lockdown

India needs a sustainable exit from the shutdown and return to business as usual with a minimal loss to lives and livelihoods Nearly a century ago, British biologist-turned town planner Patrick Geddes was appointed by the Maharaja of Indore to

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Real estate ripples

The impact of Coronavirus on commercial real estate will be interesting, primarily because none really knows the future As the Coronavirus pandemic began spreading its tentacles out of China and to the rest of the world in the middle of March, offices

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Bugle for more reforms

The Corona crisis is about personal and economic survival. This should compel us to regenerate like the proverbial phoenix by discovering creative solutions for revival and recovery The Prime Minister’s announcement on May 12 of a monetary package of Rs

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Much ado about nothing

Faced with a steep decline in its revenue and increase in expenditure commitment, the Modi Government has opted for a package which is dependent on loans After a long wait of about seven weeks, since the nationwide lockdown began on

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Too little still

The stimulus that came in tranches won’t make for a big push to the economy. Much more is required Finance Minister Nirmala Sitharaman has been announcing economic booster packages in small doses over the weekend but the fact of the

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Embrace a new way of life

As more and more countries come out of lockdowns, we have to learn to live with the virus as economic suicide will help no one Everyone around the world, including policy-makers, governments and even the World Health Organisation (WHO), has come to

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Broken promises, again

The Government’s fiscal package has failed the test of economic effectivity and political reliability. It lacks a plan to overcome the deadlock created by the lack of economic demand On May 12, following his own set pattern of building up

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