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Global economic fallout of war in Ukraine is expected to negatively impact Indian economy: IMF

The immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. The global economic fallout of the war in Ukraine is expected to negatively impact India’s economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. …

Global disturbances will hamper recovery across the world: FM Sitharaman

The minister, however, was hopeful that some restoration of peace at the earliest would happen, based on which recoveries could be sustainable. Finance minister Nirmala Sitharaman said on Friday that recovery not just for India but for all countries will be severely hampered by the current disturbances. India’s development is going to be affected by …

Rebuilding the Indian street economy: Why it is important to help covid-hit street vendors

Street vendors in India. (Image: REUTERS) By Ashwajit Singh The festive season in India is once again, inching nearer, posing as an opportunity for the country to hope for an economic revival. With the COVID-19 caseload across states and regions on a sharp decline and record vaccination numbers reposing faith in state capacity, the markets …

Idea Exchange: Poor impacted more than rich… We must keep pandemic year as signpost to remind why growth is key for economy, says Chief Economic Adviser Krishnamurthy Subramanian

Krishnamurthy Subramanian, Chief Economic Adviser Chief Economic Adviser Krishnamurthy Subramanian says impact of second wave on economy won’t be ‘as large’ as first wave, asserts India will see impact of recent ‘phenomenal reforms’ from FY23, and explains why he is against unconditional cash transfers like ‘disastrous’ farm loan waiver. The session was moderated by Special …

Covid-19 – an inflexion point for e-commerce

Dhanendra Kumar By Dhanendra Kumar E-commerce has been growing rapidly in the world in recent years, taking progressively a larger share of total retail pie in each country. It is facilitated by digital technology and driven by demand with ease and convenience of customers to transact from the comfort and safety of their homes. It …