PARLEY |
Comment
Parley: Does the Budget do enough in providing a stimulus to growth?
Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide
Comment
A government that is clueless on the economy
Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades
Comment
A Budget exercise that is designed for stressed times
T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms
Business
Markets look up as lockdown curbs ease
Special Correspondent Reliance Industries, SBI and HDFC Bank among gainers in Sensex pack- 3hrs
Economy
Rupee rises by 8 paise as government starts to unlock economy
PTI Forex traders said foreign fund inflows, weak American currency and positive domestic equities also boosted investor confidence.
National
Moody’s downgrades India’s rating to ‘Baa3’
Special Correspondent ‘Baa3’ is the lowest investment grade - just a notch above junk status.- 5hrs
Business
Lack of cash stimulus to push recovery beyond 2022-23: Report
PTI The report added that it means even if the supply side gets restored on account of the various measures announced by the government or the Reserve Bank of India, it may soon run into difficulties due to the lack of adequate demand for goods and services.- 6hrs
Business
Auto sector shows some signs of life
Special Correspondent Post lockdown, carmakers resume operations on the slow lane- 3hrs
Industry
MakeMyTrip lays off 350 employees due to COVID-19 impact
PTI It is unclear when travelling will become a way of life, as it was pre-COVID, the company stated in a mail to employees- 2hrs
Business
M&M tractor sales beat lockdown blues
Lalatendu Mishra Rabi crop income boosts purchases- 3hrs