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Tags : "economic slowdown"

View: There’s a compelling case for Centre to borrow to

The key is for the Centre to accept that states are at the frontline of this economic battle, and urgently need access to additional resources, not just compensation for inadequate cess collections. Synopsis Markets would see immediately that the risk of default of state governments, with such a large rise in their liabilities, would be […]Read More

View: Dear PM, India needs sahyog more than atmanirbharta

By Ajay Chhibber Dear Prime Minister, The people of India voted you in twice. The first time was in 2014, as the last two years of the UPA government saw very high inflation and declining growth and corruption scams were exposed. The people of India bet on you to deliver them your promise of ‘Sabka […]Read More

There’s only a pause in demand, recovery will be fairly

Tata Consultancy Services chief govt Rajesh Gopinathan mentioned how the deal panorama is shaping up for the IT providers supplier and the underlying assumptions that present confidence for a recovery following the Covid-19 virus outbreak, in an unique interplay with ET’s Anandi Chandrasekhar and Raghu Krishnan. Edited Excerpts: You appear to be extra optimistic than […]Read More

COVID-19: Indian’s economic growth likely to decline by 200 bps

NEW DELHI: India’s economic growth is likely to decline by 2 proportion factors in the subsequent monetary 12 months due to the affect of coronavirus pandemic and the resultant 21-day countrywide lockdown, former finance minister Yashwant Sinha stated on Friday. In an interview to PTI, Sinha stated India was already going through excessive unemployment and […]Read More