Best of BS Opinion: Economic slowdown, US-China trade war, and more

Here's a selection of Business Standard Opinion pieces for the day

1562260458-6179

Current affairs: India’s economic growth, or lack thereof, is attracting global attention with IMF’s new managing director Kristalina Georgieva singling out in her maiden speech on Wednesday India (and Brazil) as countries in which the effect of the global slowdown is more pronounced. On Thursday Moody’s forecast the economy to grow at 5.8 per cent this fiscal, suggesting the India’s government has scored several own goals. India, ever the high-potential low-performing economy, has seen its governments score own goals of various kinds, and these are the focus of the opinion writers today. Kanika Datta sums up the views

Several economists and commentators have argued for increasing public expenditure to address the current growth slowdown.

Rathin Roy explains why the diagnosis of a cyclical downturn and the “obvious textbook prescription” of deficit financing are...read more

Comments

Post a Comment

Popular posts from this blog

Budget 2019 fails to address real estate sector's most pressing concerns

Image
Experts say the govt missed the bus on ITC benefit under GST, industry status and single-window project clearance Budget news : Union Budget 2019-20 has evoked mixed reactions from the real estate sector, with the push for affordable housing and infrastructure, along with the promotion of rental housing, being lauded. However, builders and developers are miffed that the Budget failed to address long-standing expectations regarding industry status for the sector, single-window clearance and reforms in the Goods and Services Tax (GST). ANAROCK Property Consultants Chairman Anuj Puri said, "As far as real estate is concerned, the Budget had a few hits and several misses." Puri said that from the real estate perspective, the Budget did not meet many expectations, as it failed to address the sector's most pressing concerns. He added that the sector might not see consumers and investors return to the market in sufficient numbers, barring in... read more
Read more

Brazil govt open to foreign aid for fighting Amazon fires: Spokesman

Image
The essential point is that this money, on entering Brazil, will be under the control of the Brazilian people An aerial view shows smoke rising over a deforested plot of the Amazon jungle in Porto Velho, Rondonia State, Brazil, in this August 24, 2019 picture taken with a drone.   Amazon rainforest : Brazil will accept foreign aid to help fight fires in the Amazon rainforest on the condition that the Latin American country controls the money, the president's spokesman said Tuesday. "The Brazilian government through President (Jair) Bolsonaro is open to receiving financial support from organizations and even countries," Otavio Rego Barros told reporters. "The essential point is that this money, on entering Brazil, will be under the control of the Brazilian people.
Read more

ICC Cricket World Cup reaches 315 million viewers in first two weeks

Image
Star India is showing the matches across its sports network ICC Cricket World Cup 2019 : The ICC Cricket World Cup 2019 has seen 315 million viewers tuning to the Star India network from across the country. According to the Broadcast Audience Research Council of India (BARC) data, television viewership for the tournament has been 182.7 million average impressions. While reach refers to the number of people who have seen the tournament for at least a minute, impressions refer to the number of people watching the tournament or a particular match at any given point during its telecast. Star India, the official broadcaster of all International Cricket Council (ICC) events in the country, is showing the matches across its sports network.
Read more