The digital world wide war

No matter which economy you belong to, whatever be your status – individual or company or government – you do have a digital identity and that identity is present on the dark or bright side of the net. And the scary part, it is not your choice anymore, says management expert Vijaykumar Jayaram. Continue Reading

Economic tsunami: Corona to shave off Rs 40,000 cr everyday

The Indian economy is hit by a tsunami, so to say, as the coronavirus has collapsed all industries, from hairpin to aeroplane. If the 21-day long national lockdown leads to 80 per cent production loss, the economy will take a hit of Rs 35,000-40,000 crore on a daily basis, shaving off Rs 6.3-7.2 lakh crore cumulatively, says Care Ratings. The assessment is based on the FY20 real GDP that is Rs140-150 lakh crore. Continue Reading

RBI ready to take measures to contain corona virus challenges: Das

Reserve Bank governor Shaktikanta Das today assured that the central bank will take every measure needed to secure the economy against the challenges arising from the corona virus epidemic. Continue Reading

Editorial: Hopes high

Battered by a slowdown, the Indian auto industry is desperately pinning hopes on the next financial year for a turnaround, banking on a host of new and upgraded models slated to make their way to the market. Continue Reading

Nirmala Sitharaman hits back at Manmohan Singh on economic crisis

Recalling when and what went wrong during a certain period is absolutely necessary, Union Finance Minister Nirmala Sitharaman has said, targeting former Prime minister Manmohan Singh for accusing the NDA government of always trying to put the blame on its rivals. Continue Reading

‘Iran not disappointed with India for not importing oil from Tehran’

India has a strong political and cultural relationship with Iran where it operates a strategic port, External Affairs Minister S Jaishankar has said, rejecting reports that Tehran is disappointed at New Delhi for not buying oil from the oil-rich nation in view of the tough US sanctions. Continue Reading

State of economy deeply worrying: Manmohan Singh

Former Prime Minister Manmohan Singh on Sunday said the state of the economy was “deeply worrying” and urged the government to put aside “vendetta politics” and reach out to sane voices and thinking minds to steer the economy out of this “man-made crisis”. Continue Reading