PARLEY |
Comment
Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide
Comment
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
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
Economy
Special Correspondent India is likely to record a current account surplus in 2020-21, Chief Economic Advisor Krishnamurthy Subramanian said on Monday, terming it a sign of ‘under-heating’ in the economy. “The COVID crisis is different from typical emerging market crises (where the economy is overheated, imports exceed exports as demand outstrips domestic supply and inflation shoots up) … this is a crisis of demand primarily due to a negative shock to demand,” Mr. Subramanian said at a national MNCs’ conference
Industry