[ad_1] The blockade in countries like India and Indonesia is more disastrous for human well-being and economies, as there is no aid for small businesses and no unemployment benefits, said Christopher Wood, Global Head of Equity Strategy at Jefferies. In the latest weekly Greed & Fear note, Wood said the …
Read More »Karnataka allows IT and ITeS companies to reopen state economy starting Thursday
[ad_1] Karnataka’s government has decided to partially ease blockade restrictions in the state to allow IT and ITeS companies to reopen offices with “minimal essential personnel” starting Thursday. The restrictions for selected sectors will be reduced starting at 00:00 hours on April 22, according to a notification issued by the …
Read More »The economy is heading towards contraction, less fiscal space for large stimuli
[ad_1] Written by P. Vaidyanathan Iyer The | New Delhi | Updated: April 22, 2020 11:28:56 am Construction work begins in Mohali As the Center and the states struggle and struggle with strategies for a staggered closing output, the country appears, for the first time in 40 years, headed for …
Read More »Dharavi’s economy falls through the tubes
[ad_1] The row of leather goods stores along the meandering 90-foot highway in Dharavi in central Mumbai has been closed for more than a month. Behind and perpendicular to the road is an unfathomable maze of alleys and hallways wide enough for only two adults to pass through, housing a …
Read More »The blockade will be extended with some measures to restart the economy | India News
[ad_1] NEW DELHI: New Delhi: Although it appears that the 21-day blockade will be extended, the Center, in consultation with the states, is moving to restart economic activity gradually, marking a major shift in focus in fighting Covid. 19 pandemic. Explaining the change in a video conference with the chief …
Read More »India’s economy needs a large dose of health spending
[ad_1] The Covid-19 pandemic crisis is a reminder of the importance of investing in the health sector for any country. Mint examines how India has fared on this front and what it can do to increase its health spending as a percentage of its gross domestic product (GDP). How much …
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