Saturday, May 8, 2021

Economy and Finance

RBI drafts a COVID fight plan, including term liquidity facility and support to small firms and borrowers amid second coronavirus outbreak

RBI governor Shaktikanta Das today announced a slew of measures to ameliorate the strain on economy due to the resurgent COVID-19 outbreak

Union Government announces ₹15,000 crore interest-free 50 year loan for states to spend on capital projects

Union Govt to provide an additional amount upto Rs 15,000 crore to states as interest-free 50-year loans for capital projects

Paranoid China wants to tame Elon Musk, will it succeed? All you need to know about the brewing war between China and Tesla

Elon Musk headed Tesla has been facing a pressure campaign in China with Chinese Communist state-backed media and regulators

Bombay Oxygen Investment’s stock prices soar amidst rising demand for oxygen during Covid crisis, except it doesn’t manufacture the gas

Investors had invested their money in Bombay Oxygen Corporation Ltd thinking it is into the production of oxygen, but the company is listed as an NBFC on Bombay Stock Exchange.

China: Communist regime pressurises Ant Group to ditch its founder Jack Ma and divest his stake in the company

According to a Reuters report, Chinese govt has directed Alibaba's affiliate Ant Group to take away control from founder Jack Ma

Adani announces deal with Flipkart for new data centre and logistics facility, ‘Ambani-Adani’ social media warriors now want to boycott Flipkart

Adani Group's chairman Gautam Adani announced on Twitter that in the two-prog partnership, AdaniConneX will build Flipkart's new Tier 4 data centre and Adani Logistics, India's leader in logistics, will build Flipkart's 534,000 sqft fulfilment centre.

Hailed by the world but ignored in India: PM Modi has taken India far ahead of most nations in tackling climate change

While the Modi government’s successful actions to address climate change in India have become a template for various governments globally, especially in the developing world, the achievements have been under-appreciated in India.

World Bank revises India’s GDP growth forecast from 5.4% to 10.1% for the financial year 2021-22

World Bank said public consumption will contribute positively, however, suppressed private demand is expected to fade by the end of 2021

Farm to market: How Agri-startups are working to empower small and medium farmers in India

Prime Minister Modi has emphasized the need to remove barriers for our farmers, create an open market for them, and encouraged investment in the agricultural sector by enhancing logistics and technology.

As Rahul Gandhi goes on an anti-corporate tirade, know how his father Rajiv Gandhi initiated the idea of privatisation in India

It was Rajiv Gandhi who started the disinvestment and privatisation of of PSUs through minority stake sales, which accelerated later

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