04 - 10 July, 2020

Home » Publication » Weekly Updates on Indian Economy prepared by GIFT Young Scholars Forum »  04 - 10 July, 2020

Weekly Updates on the Indian Economy

(04/07/2020 to 10/07/2020)

  1. National Accounts and State of the Economy

 

  1. Weekly economic indicators: Flat traffic growth signals moderating recovery

https://www.business-standard.com/article/economy-policy/weekly-economic-indicators-flat-traffic-growth-signals-moderating-recovery-120070600819_1.html

 

  1. India should spend more to revive demand, not worry about deficit: Economy expert Martin Wolf

https://theprint.in/theprint-otc/india-should-spend-more-to-revive-demand-not-worry-about-deficit-economy-expert-martin-wolf/454394/

 

  1. Govt stimulus, opening up of economy starting to show results: Survey

https://www.business-standard.com/article/economy-policy/govt-stimulus-opening-up-of-economy-starting-to-show-results-survey-120070601213_1.html

 

  1. Haryana Cabinet clears Ordinance to give 75% private jobs to locals

https://www.business-standard.com/article/economy-policy/haryana-cabinet-clears-ordinance-to-give-75-private-jobs-to-locals-120070700011_1.html

 

  1. Maharashtra govt launches a portal to ensure employment to 'sons of soil'

https://www.business-standard.com/article/economy-policy/maharashtra-govt-launches-a-portal-to-ensure-employment-to-sons-of-soil-120070700004_1.html

 

  1. Green shoots visible, India will bounce back: NITI Aayog CEO Amitabh Kant

https://www.business-standard.com/article/economic-revival/green-shoots-visible-india-will-bounce-back-niti-aayog-ceo-amitabh-kant-120070701779_1.html

 

  1. Covid-19 impact: Fed policymakers see economy plateauing, risks ahead

https://www.business-standard.com/article/international/covid-19-impact-fed-policymakers-see-economy-plateauing-risks-ahead-120070800067_1.html

 

  1. Many countries may need debt restructuring after Covid-19 fallout: IMF

https://www.business-standard.com/article/international/many-countries-may-need-debt-restructuring-after-covid-19-fallout-imf-120070800069_1.html

 

  1. Covid-19: Global economy likely to contract by 5.2% in 2020, says report

https://www.business-standard.com/article/international/covid-19-global-economy-likely-to-contract-by-5-2-in-2020-says-report-120070801439_1.html

 

  1. Downward revision of growth projections shows inadequate stimulus: EY

https://www.business-standard.com/article/economic-revival/downward-revision-of-growth-projections-shows-inadequate-stimulus-ey-120070801729_1.html

 

  1. Signs of green shoots? Seven firms bag orders worth Rs 42,000 cr in Q1

https://www.business-standard.com/article/economic-revival/signs-of-green-shoots-seven-firms-bag-orders-worth-rs-42-000-cr-in-q1-120070801899_1.html

  1. Statsguru: Amid Covid-19 crisis, spotting early signs of recovery is key

https://www.business-standard.com/article/economy-policy/statsguru-amid-covid-19-crisis-spotting-early-signs-of-recovery-is-key-120070500987_1.html

 

  1. Weekly economic indicators: Flat traffic growth signals moderating recovery

https://www.business-standard.com/article/economy-policy/weekly-economic-indicators-flat-traffic-growth-signals-moderating-recovery-120070600819_1.html

 

  1. India's digital payment transactions jump 23% in last 30 days: Report

https://www.business-standard.com/article/economy-policy/india-s-digital-payment-transactions-jump-23-in-last-30-days-report-120070601172_1.html

 

  1. The boss of cities: Will the pandemic yield space to urban bodies?

https://www.business-standard.com/article/current-affairs/the-boss-of-cities-will-the-pandemic-yield-space-to-urban-bodies-120070801268_1.html

 

  1. Is legislative recognition the panacea for NSC's current state of affairs?

https://www.business-standard.com/article/economy-policy/is-legislative-recognition-the-panacea-for-nsc-s-current-state-of-affairs-120070801479_1.html

 

  1. Retail inflation likely slowed in June on pickup in economic activity: Poll

https://www.business-standard.com/article/economy-policy/retail-inflation-likely-slowed-in-june-as-economic-activity-surged-poll-120070900379_1.html

 

  1. Law on assured minimum wage for workers faces delay as govt re-issues draft

https://www.business-standard.com/article/economy-policy/law-on-assured-minimum-wage-for-workers-faces-delay-as-govt-re-issues-draft-120070900829_1.html

 

  1. Jobs for locals

https://www.business-standard.com/article/opinion/jobs-for-locals-120070801904_1.html

 

  1. Free food grain for millions of migrant workers: Are they getting any?

https://www.business-standard.com/article/opinion/free-food-grain-for-millions-of-migrant-workers-are-they-getting-any-120070600139_1.html

 

  1. Signs of fatigue in labour recovery

https://www.business-standard.com/article/opinion/signs-of-fatigue-in-labour-recovery-120070601462_1.html

 

  1. Restarting the growth engine

https://www.business-standard.com/article/opinion/restarting-the-growth-engine-120070901543_1.html

 

  1. Start-up Village scheme has generated 1.33 lakh jobs in 2 years: Centre

https://www.thehindubusinessline.com/news/start-up-village-scheme-has-generated-133-lakh-jobs-in-2-years-centre/article32029069.ece

 

  1. Covid-19: The rural unemployment problem caused by migrant workers needs urgent solutions

https://www.thehindubusinessline.com/opinion/editorial/the-rural-unemployment-problem-caused-by-migrant-workers-needs-urgent-solutions/article32014479.ece

 

  1. A case for extension: On rural jobs scheme

https://www.thehindu.com/opinion/editorial/a-case-for-extension-the-hindu-editorial-on-rural-jobs-scheme/article32025320.ece

 

  1. India inflation likely slowed in June as output returns

https://economictimes.indiatimes.com/news/economy/indicators/india-inflation-likely-slowed-in-june-as-output-returns/articleshow/76867710.cms

 

  1. India's GDP to contract by 3 per cent in FY21: BofA

https://economictimes.indiatimes.com/news/economy/indicators/indias-gdp-to-contract-by-3-per-cent-in-fy21-bofa/articleshow/76873477.cms

 

  1. Hit by coronavirus and economic slump, India must build a society that is empathetic and inclusive

https://scroll.in/article/966442/hit-by-coronavirus-and-economic-slump-india-must-build-a-society-that-is-empathetic-and-inclusive

 

  1. In India, women garment workers are being forced to leave their jobs because of this one reason

https://scroll.in/article/966203/in-india-women-garment-workers-are-being-forced-to-leave-their-jobs-because-of-this-one-reason

 

  1. Global GDP could fall 20% over next 80 years due to climate change, economists warn

https://theprint.in/economy/global-gdp-could-fall-20-over-next-80-years-due-to-climate-change-economists-warn/456182/

 

  1. India’s Covid-ravaged states seek more funds from Modi govt

https://theprint.in/economy/indias-covid-ravaged-states-seek-more-funds-from-modi-govt/457257/

 

  1. COVID-19 Uncertainty Causing Rise in Forced Savings, Slow Spending: UBS

https://thewire.in/economy/covid-19-economy-forced-savings-spending-ubs-report

 

  1. No Dialogue with Trade Unions, India's Labour Laws Are Now a Product of Unilateralism

https://thewire.in/labour/labour-laws-trade-unions

 

  1. India Must Rebuild Its Economy Keeping a Green Focus

https://thewire.in/economy/india-must-rebuild-its-economy-keeping-a-green-focus

 

  1. Rising unemployment due to covid sees 48% rise in applications per job: QuikrJobs Report

https://www.thehindubusinessline.com/info-tech/rising-unemployment-sees-48-rise-in-applications-per-job-quikrjobs/article32041883.ece

 

  1. Status check: Free LPG reaches only 50% beneficiaries, shows govt data

https://www.business-standard.com/article/economy-policy/status-check-free-lpg-reaches-only-50-beneficiaries-shows-govt-data-120071000055_1.html

 

  1. Opinion | Of small towns, big cities and hopes of an economic revival

https://www.livemint.com/opinion/columns/opinion-of-small-towns-big-cities-and-hopes-of-an-economic-revival-11594262206609.html

 

  1. Public Finance

 

  1. 15th Finance Commission discusses govt's revenue projections in video meet

https://www.business-standard.com/article/economy-policy/15th-finance-commission-discusses-govt-s-revenue-projections-in-video-meet-120070900134_1.html

 

  1. Fifteenth Finance Commission's high level group on health to work with World Bank on recommendations for health sector

https://economictimes.indiatimes.com/news/economy/finance/fifteenth-finance-commissions-high-level-group-on-health-to-work-with-world-bank-on-recommendations-for-health-sector/articleshow/76837594.cms

 

  1. Early signals for the fisc

https://www.business-standard.com/article/opinion/early-signals-for-the-fisc-120070500858_1.html

 

  1. The new normal for state borrowings

https://www.business-standard.com/article/opinion/the-new-normal-for-state-borrowings-120070900005_1.html

 

  1. Spend half of annual capital expenditure target by Q2 of fiscal 2020-21: Nirmala Sitharaman

https://www.thehindubusinessline.com/economy/spend-half-of-annual-capital-expenditure-target-by-q2-of-fiscal-2020-21-nirmala-sitharaman/article32014350.ece

 

  1. The economy is not looking too bad

https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/the-economy-is-not-looking-too-bad/article31995430.ece

 

  1. With fiscal deficit rocketing, Modi govt may have to go back to RBI for support: Economists

https://theprint.in/economy/with-fiscal-deficit-rocketing-modi-govt-may-have-to-go-back-to-rbi-for-support-economists/456511/

 

  1. India has fiscal and monetary space to boost demand: Principal Economic Advisor Sanyal

https://theprint.in/economy/india-has-fiscal-and-monetary-space-to-boost-demand-principal-economic-advisor-sanyal/457667/

 

  1. India has room for fiscal support given severity of economic crisis: IMF

https://www.business-standard.com/article/economy-policy/india-has-room-for-fiscal-support-given-severity-of-economic-crisis-imf-120071001105_1.html

 

  1. Opinion | India’s fiscal responsibility rules for states might need a relook

https://www.livemint.com/opinion/columns/india-s-fiscal-responsibility-rules-for-states-might-need-a-relook-11594135985103.html

 

  1. Opinion | A debt recast should go along with bank reforms

https://www.livemint.com/opinion/online-views/a-debt-recast-should-go-along-with-bank-reforms-11593954447400.html

 

  1. The problem of being over-reliant on one revenue stream

https://www.thehindu.com/opinion/lead/the-problem-of-being-over-reliant-on-one-revenue-stream/article32035162.ece

Taxation

  1. Covid-19 impact: Direct tax refunds down 16% to Rs 64,428 crore in Q1

https://www.business-standard.com/article/economy-policy/covid-19-impact-direct-tax-refunds-down-16-to-rs-64-428-crore-in-q1-120070301644_1.html

 

  1. Rs 12.4 trn-e-way bills generated in Jun; 77% of pre-lockdown level reached

https://www.business-standard.com/article/pti-stories/4-27-cr-e-way-bills-valued-at-rs-12-40-lakh-cr-generated-in-jun-per-day-level-touches-77-pc-of-pre-lockdown-120070500386_1.html

 

  1. Income Tax dept amends TDS form, makes it more comprehensive

https://www.business-standard.com/article/economy-policy/income-tax-dept-amends-tds-form-makes-it-more-comprehensive-120070500427_1.html

 

  1. Equalisation Levy: Govt not considering deadline extension for tax

https://www.business-standard.com/article/economy-policy/equalisation-levy-govt-not-considering-deadline-extension-for-tax-120070701389_1.html

 

  1. Sovereign wealth funds to get tax relief on infrastructure bets: CBDT

https://www.business-standard.com/article/economy-policy/sovereign-wealth-funds-to-get-tax-relief-on-infrastructure-bets-cbdt-120070701756_1.html

 

  1. GSTR-4: Govt considering demand for extending date for filing I-T returns

https://www.business-standard.com/article/economy-policy/gstr-4-govt-considering-demand-for-extending-date-for-filing-i-t-returns-120070701765_1.html

 

  1. Google tax collections remain muted in Q1, mop-up drops 30% to Rs 216 cr

https://www.business-standard.com/article/economy-policy/google-tax-collections-remain-muted-in-q1-mop-up-drops-30-to-rs-216-cr-120070801441_1.html

 

  1. Alcohol-based hand-sanitiser makers under scanner for alleged GST evasion

https://www.thehindubusinessline.com/news/alcohol-based-hand-sanitiser-makers-under-scanner-for-alleged-gst-evasion/article32023288.ece

 

  1. Charitable trust’s financial support for rape, child abuse victim won’t attract GST: West Bengal AAR

https://www.thehindubusinessline.com/economy/policy/charitable-trusts-financial-support-for-rape-child-abuse-victim-wont-attract-gst-west-bengal-aar/article32041360.ece

 

  1. CBDT extends the deadline for claiming past tax refunds to October

https://www.business-standard.com/article/economy-policy/cbdt-extends-the-deadline-for-claiming-past-tax-refunds-to-october-120071001420_1.html

 

  1. GST compensation period: States likely to push for five-year extension

https://www.business-standard.com/article/economy-policy/gst-compensation-period-states-likely-to-push-for-five-year-extension-120071000044_1.html

 

  1. Banking and Monetary policy

 

  1. Borrowers opting out of loan moratorium with unlocking of economy: Bankers

https://www.business-standard.com/article/economic-revival/borrowers-opting-out-of-loan-moratorium-with-unlocking-of-economy-bankers-120070701607_1.html

 

  1. RBI should continue to build its forex reserves

https://www.thehindubusinessline.com/opinion/editorial/rbi-should-continue-to-build-its-forex-reserves/article32024355.ece

 

  1. Former RBI governor Urjit Patel pens book on dealing with NPA issue

https://www.business-standard.com/article/economy-policy/former-rbi-governor-urjit-patel-pens-book-on-dealing-with-npa-issue-120070500507_1.html

 

  1. Extension of moratorium till Dec is the only viable option left: Bankers

https://www.business-standard.com/article/economy-policy/extension-of-moratorium-till-dec-is-the-only-viable-option-left-bankers-120070500947_1.html

 

  1. Low interest rate regime critical for survival of banks: K V Kamath

https://www.business-standard.com/article/economy-policy/low-interest-rate-regime-critical-for-survival-of-banks-k-v-kamath-120070701591_1.html

 

  1. Way to go

https://www.business-standard.com/article/opinion/way-to-go-120070901554_1.html

 

  1. MF equity investors lost up to 27% in past year

https://www.thehindubusinessline.com/economy/mf-equity-investors-burn-their-fingers-in-the-last-three-years/article32021818.ece

 

  1. External Sector

 

  1. India likely to export 6 million tonnes of sugar in 2019-20: Trade body

https://www.business-standard.com/article/economic-revival/india-likely-to-export-6-million-tonnes-of-sugar-in-2019-20-trade-body-120070601344_1.html

 

  1. China imports: India should shun knee-jerk reaction, says SBI report

https://www.thehindubusinessline.com/economy/china-imports-india-should-shun-knee-jerk-reaction-says-sbi-report/article32020355.ece

 

  1. India asks Japan to lower entry barriers in agri, pharma sectors

https://www.thehindubusinessline.com/economy/india-asks-japan-to-lower-entry-barriers-in-agri-pharma-sectors/article32021772.ece

 

  1. Raw materials continue to dominate India's top exports to China

https://www.business-standard.com/article/economy-policy/raw-materials-continue-to-dominate-india-s-top-exports-to-china-120070600029_1.html

 

  1. Explained: How Chinese firms won some of India's recent PSU tenders

https://www.business-standard.com/article/economy-policy/explained-how-chinese-firms-won-some-of-india-s-recent-psu-tenders-120070600030_1.html

 

  1. Govt must trust firms for a competitive India

https://www.business-standard.com/article/opinion/centre-must-trust-firms-to-make-india-competitive-120070500901_1.html

 

  1. Trade War With China Can Set India's Economy Back by Years: Former Niti Aayog Vice-Chairman

https://thewire.in/trade/trade-war-with-china-can-set-indias-economy-back-by-years-former-niti-aayog-vice-chairman

 

  1. Opinion | Differentiating FDI and trade

https://www.livemint.com/opinion/online-views/opinion-differentiating-fdi-and-trade-11593839798676.html

 

  1. India moves up a rank to become second-largest source of FDI for UK

https://www.thehindubusinessline.com/economy/india-moves-up-a-rank-to-become-second-largest-source-of-fdi-for-uk/article32045737.ece

 

  1. Agriculture and Rural Economy

 

  1. Centre releases guidelines for assessing nano-based agri-input, food products in India

https://www.thehindubusinessline.com/economy/policy/centre-releases-guidelines-for-assessing-nano-based-agri-input-food-products-in-india/article32018527.ece

 

  1. Potato firms up on steady demand, lower output

https://www.thehindubusinessline.com/economy/agri-business/potato-firms-up-on-steady-demand-lower-output/article32023612.ece

 

  1. Mixed trend in pulses

https://www.thehindubusinessline.com/markets/commodities/mixed-trend-in-pulses/article32023673.ece

 

  1. Farmers seek GI tag for Wada Kolam rice

https://www.thehindubusinessline.com/economy/agri-business/farmers-seek-gi-tag-for-wada-kolam-rice/article32024091.ece

 

  1. Cabinet approves setting up ₹1 lakh-cr agri infra fund

https://www.thehindubusinessline.com/economy/cabinet-approves-setting-up-1-lakh-cr-agri-infra-fund/article32023367.ece

 

  1. Vegetable prices rise up to 200%; trade blame crop damage and fuel price

https://www.business-standard.com/article/economy-policy/vegetable-prices-rise-up-to-200-as-rains-damage-crops-amid-coronavirus-120070600125_1.html

 

  1. Market linkage could boost farmers' turnover by 5-20%: Tata Trusts study

https://www.business-standard.com/article/economy-policy/market-linkage-could-boost-farmers-turnover-by-5-20-tata-trust-study-120070801046_1.html

 

  1. Boost to food processing

https://www.business-standard.com/article/opinion/boost-to-food-processing-120070901722_1.html

 

  1. Subsidy dues balloon amid record fertiliser sales during Covid lockdown

https://www.business-standard.com/article/economy-policy/subsidy-dues-balloon-amid-record-fertiliser-sales-during-covid-lockdown-120070801442_1.html

 

  1. Contract farming guidelines: Farmer liability is limited

https://www.thehindubusinessline.com/economy/contract-farming-guidelines-farmer-liability-is-limited/article32013225.ece

 

  1. View: Government should now focus on inter-state coordination for a subject like agriculture

https://economictimes.indiatimes.com/news/economy/agriculture/view-government-should-now-focus-on-inter-state-coordination-for-a-subject-like-agriculture/primeshow/76862016.cms

 

  1. Agriculture to rack up gains as pandemic roils the economy

https://economictimes.indiatimes.com/news/economy/agriculture/agriculture-to-rack-up-gains-as-pandemic-roils-the-economy/primeshow/76805197.cms

 

  1. All about Odisha’s new credit scheme for 7 lakh landless farmers, a ‘first’ in India

https://theprint.in/economy/all-about-odishas-new-credit-scheme-for-7-lakh-landless-farmers-a-first-in-india/454708/

 

  1. The Agriculture Sector Has What It Takes to Drive Post-COVID-19 Economic Recovery

https://thewire.in/agriculture/agriculture-coronavirus-economy

 

  1. Centre releases guidelines for assessing nano-based agri-input, food products in India

https://www.thehindubusinessline.com/economy/policy/centre-releases-guidelines-for-assessing-nano-based-agri-input-food-products-in-india/article32018527.ece

 

  1. Rubber Skill Council to train 30,000 migrant workers

https://www.thehindubusinessline.com/economy/agri-business/rubber-skill-council-to-train-30000-migrant-workers/article32034525.ece

 

  1. Indian tea production down 40% in April

https://www.thehindubusinessline.com/economy/agri-business/indian-tea-production-down-40-in-april/article32042030.ece

 

  1. Entrepreneur asks fish farmers to explore opportunities in shrimp farming

https://www.thehindubusinessline.com/economy/agri-business/entrepreneur-asks-fish-farmers-to-explore-opportunities-in-shrimp-farming/article32042040.ece

 

  1. Weak demand grips pulse prices

https://www.thehindubusinessline.com/economy/agri-business/weak-demand-grips-pulse-prices/article32042579.ece

 

  1. Mixed trend in spot rubber

https://www.thehindubusinessline.com/economy/agri-business/mixed-trend-in-spot-rubber/article32043142.ece

 

  1. ‘R&D is the way forward for a robust agriculture sector’

https://www.thehindubusinessline.com/economy/agri-business/rd-is-the-way-forward-for-a-robust-agriculture-sector/article32042502.ece

 

  1. Pulses, oilseeds push up kharif area

https://www.thehindubusinessline.com/economy/agri-business/pulses-oilseeds-push-up-kharif-area/article32045350.ece

 

  1. ‘We need to cut down on the use of land, water and fertilisers’

https://www.thehindubusinessline.com/economy/agri-business/we-need-to-cut-down-on-the-use-of-land-water-and-fertilisers/article32045834.ece

 

  1. Govt's wheat procurement touches record high of 38.98 MT so far in 2020-21

https://www.business-standard.com/article/economy-policy/govt-s-wheat-procurement-touches-record-high-of-38-98-mt-so-far-in-2020-21-120071001150_1.html

 

  1. Govt on track to doubling farmers' income by 2024: Agri Min official

https://www.business-standard.com/article/economy-policy/govt-on-track-to-doubling-farmers-income-by-2024-agri-min-official-120071001479_1.html

 

  1. Pasta, noodles, flour could get cheaper as FCI plans wheat reserve price cut to clear stock

https://theprint.in/economy/pasta-noodles-flour-could-get-cheaper-as-fci-plans-wheat-reserve-price-cut-to-clear-stock/458115/

 

  1. Industry, Manufacturing, Services and Technology

 

  1. Steel oversupply to drive price correction in Q2 FY21: Ind-Ra

https://www.livemint.com/industry/manufacturing/steel-oversupply-to-drive-price-correction-in-q2-fy21-ind-ra-11593856529025.html

 

  1. Banks disburse over Rs 52,255 crore to MSMEs under credit scheme

https://www.business-standard.com/article/pti-stories/banks-disburse-over-rs-50-000-cr-loans-to-msmes-under-credit-guarantee-scheme-120070301204_1.html

 

  1. 40% Indian consumers getting supplies delivered via e-commerce, local shops

https://www.business-standard.com/article/economy-policy/40-indian-consumers-getting-supplies-delivered-via-e-commerce-local-shops-120070400008_1.html

 

  1. India JLL's Global Realty Transparency Index improves by one, ranked 34th

https://www.business-standard.com/article/economy-policy/india-jll-s-global-realty-transparency-index-improves-by-one-ranked-34th-120070700454_1.html

 

  1. Govt should review, defer 2% equalisation levy on e-commerce firms: Report

https://www.business-standard.com/article/economy-policy/govt-should-review-defer-2-equalisation-levy-on-e-commerce-firms-report-120070701515_1.html

 

  1. Now, highways in India will be ranked based on service quality, safety

https://www.livemint.com/industry/infrastructure/now-highways-in-india-will-be-ranked-based-on-service-quality-safety-11594029920132.html

 

  1. The retail rush

https://www.business-standard.com/article/opinion/the-retail-rush-120070901716_1.html

 

  1. Govt calls off merger of the three public sector general insurers

https://www.business-standard.com/article/economy-policy/govt-calls-off-merger-of-the-three-public-sector-general-insurers-120070801365_1.html

 

  1. FMCG companies see sales recovering faster in rural areas

https://www.thehindubusinessline.com/companies/fmcg-companies-see-sales-recovering-faster-in-rural-areas/article32029252.ece

 

  1. Why even large industry needs a one-time loan recast

https://www.thehindubusinessline.com/opinion/editorial/one-time-loan-recast-is-needed-but-mistakes-of-a-decade-ago-should-be-avoided/article32005277.ece

 

  1. Statistalk | Slowdown in warehousing industry

https://www.thehindubusinessline.com/opinion/columns/statistalk/statistalk-slowdown-in-warehousing-industry/article32014668.ece

 

  1. ‘Galwan’-ising manufacturing: How India can take on China

https://www.thehindubusinessline.com/opinion/columns/galwan-ising-indian-manufacturing/article32024308.ece

 

  1. Push for infrastructure, privatisation to revive India's growth: Tarun Bajaj, Economic Affairs Secretary

https://economictimes.indiatimes.com/news/economy/finance/push-for-infrastructure-privatisation-to-revive-growth-tarun-bajaj-economic-affairs-secy/primeshow/76805128.cms

 

  1. Here’s why India’s gold financiers are making higher profits amid economic slump

https://scroll.in/article/966740/heres-why-indias-gold-financiers-are-making-higher-profits-amid-economic-slump

 

  1. Rahul Gandhi claims small and medium firms have been ‘destroyed’, large companies under heavy stress

https://scroll.in/latest/966872/rahul-gandhi-claims-small-and-medium-firms-have-been-destroyed-large-companies-under-heavy-stress

 

  1. Indian government’s Boycott China campaign will put a damper on infrastructure projects

https://scroll.in/article/966396/indian-governments-boycott-china-campaign-will-put-a-damper-on-infrastructure-projects

 

  1. Modi govt drops plan to merge 3 state-owned general insurance companies

https://theprint.in/economy/modi-govt-drops-plan-to-merge-3-state-owned-general-insurance-companies/457063/

 

  1. India to raise Rs 20,000 cr by selling stakes in Coal India & a PSU bank to fund stimulus

https://theprint.in/economy/india-to-raise-rs-20000-cr-by-selling-stakes-in-coal-india-a-psu-bank-to-fund-stimulus/457522/

 

  1. Ease of doing business? India still has 1,536 Acts, 69,233 compliances for firms to follow

https://theprint.in/economy/ease-of-doing-business-india-still-has-1536-acts-69233-compliances-for-firms-to-follow/456867/

 

  1. Post Lockdown, Effective Safety Inspections of Industrial Workplaces Are the Need of the Hour

https://thewire.in/labour/post-lockdown-effective-safety-inspections-of-industrial-workplaces-are-the-need-of-the-hour

 

  1. Why India's MSME Sector Needs More Than a Leg-Up

https://thewire.in/business/why-indias-msme-sector-needs-more-than-a-leg-up

 

  1. Auto component industry’s FY2021 revenues to decline by 14-18%: ICRA

https://www.thehindubusinessline.com/news/auto-component-industrys-fy21-revenues-to-decline-by-14-18-icra/article32040425.ece

 

  1. Industrial output continues decline in May; govt withholds headline number

https://www.business-standard.com/article/economy-policy/industrial-output-declines-for-third-straight-month-in-may-iip-falls-34-7-120071001307_1.html

 

  1. Industrial production contracts by 35% in May, but manufacturing shows signs of revival

https://theprint.in/economy/industrial-production-contracts-by-35-in-may-but-manufacturing-shows-signs-of-revival/458449/

 

  1. Bangladesh has some readymade lessons for India

https://www.livemint.com/industry/manufacturing/bangladesh-has-some-readymade-lessons-for-india-11594220932106.html

 

  1. Opinion | How friendly government policies can boost Indian steel industry

https://www.livemint.com/opinion/online-views/opinion-how-friendly-government-policies-can-boost-indian-steel-industry-11594290718626.html

 

  1. State governments go slow on infra spending

https://www.livemint.com/industry/infrastructure/state-governments-go-slow-on-infra-spending-11594402062914.html

 

  1. Columns by Paul Krugman & Joseph E Stiglitz

 

  1. Opinion | How America Lost the War on Covid-19

https://www.nytimes.com/2020/07/06/opinion/covid-19-trump.html

 

  1. Donald Trump's Deadly Coronavirus Delusions - The New York Times

https://www.nytimes.com/2020/07/09/opinion/trump-coronavirus.html

 

  1. Sovereign Creditors Must Not Rewrite the Rules During the Pandemic

https://www.project-syndicate.org/commentary/argentina-sovereign-debt-rules-creditors-by-joseph-e-stiglitz-et-al-2020-07

 

  1. Other Articles/ Columns

 

  • The Economist
  1. The poorest countries may owe less to China than first thought

https://www.economist.com/finance-and-economics/2020/07/04/the-poorest-countries-may-owe-less-to-china-than-first-thought

 

  1. Why zero interest rates might lead to currency volatility

https://www.economist.com/finance-and-economics/2020/07/04/why-zero-interest-rates-might-lead-to-currency-volatility

 

  1. A Latin American economic tragedy

https://www.economist.com/finance-and-economics/2020/07/04/a-latin-american-economic-tragedy

 

  1. Trade finance stumbles into the digital era

https://www.economist.com/finance-and-economics/2020/07/04/trade-finance-stumbles-into-the-digital-era

 

  1. How resilient are the banks?

https://www.economist.com/finance-and-economics/2020/07/04/how-resilient-are-the-banks

 

Print Sources:               The Hindu, Business Line, Business Standard, Economic Times, Times of India

Online Sources:            Livemint, Scroll.in, First Post, The Wire, The Print, The India Forum, Newyork Times, The Guardian

Journals:                           Economic and Political Weekly, The Economist