Global cues remain muted as the equity investors across the world turned risk-averse largely on account of the US-China trade war, as well as outbreak of COVID-19 which resulted in shutdown of economic activity not just for India but other countries across the globe. … [Read more...] about Modi 2.0: Five stocks more than doubled while 20 rose over 50% in first year of Modi’s second stint
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It is the strength of your blessings that has made the nation take historic decisions and progress rapidly in the last one year. However, I am also aware that there is a lot that needs to be done. There are many challenges and problems that our country faces. I am working day and night. There could be deficiencies in me but there is nothing that our country lacks. So, I believe in you, your strength and your abilities even more than I believe in myself. … [Read more...] about Modi 2.0: PM Narendra Modi pens letter on first anniversary of second term. Read full text
Consider for a moment all of the other designs Twitter could have chosen. It could have used a strike-through, crossing out Trump’s message to nullify it, but leaving it legible for people to read. It could have blurred the words, so you couldn’t read them at all, but you’d know a tweet was there. Twitter could have blacked them out, in a redaction that’s been used for decades by our own government when it wants to obfuscate the content of documents for all sorts of reasons. Heck, Twitter could choose to put dunce caps on all factually inaccurate tweets! (Actually . . . maybe that’s a good idea?) … [Read more...] about Hush, Trump. Twitter is going easy on you.
The third issue is relapse of the infection. There have been reports of the coronavirus infecting an individual after he/she has already recovered from COVID-19 once. Hence, it is yet not certain if the antibodies developed against coronavirus for the first time are effective in fighting it off the next time. The notion has been emphasized by the World Health Organisation as well. With individual immunity not proven yet, Herd Immunity is shrouded with doubts. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
The economy looks certain to contract in FY21. We could see double-digit contraction in Q1FY21. Second half of the year could be better as cumulative monetary and fiscal stimulus and pent up demand provide tailwind to growth. Overall, the economy could contract by 3-4 perrcent in FY21. Inflation is likely to remain elevated in Q1FY21 as supply constraints and hoarding keep prices high. However, weak aggregate demand is likely to push inflation down later in the year. In FY22, growth could see sharp rebound due to low base and some pick up in momentum. … [Read more...] about ‘Need more stimulus with focus on GST cut, wage support, higher MNREGA spend’