Narendra Modi’s toughest test
Editor’s letter from the May 2020 edition.
prime minister
April 2020
March 2020
December 2019
August 2019
Markets end in the red after good start
Day after the lockdown extension announcement, markets remained in positive territory for majority of the day before global cues pushed them to close in the red.
INDIA EXTENDS LOCKDOWN TILL MAY 3
Partial relaxations likely after April 20 in areas which show success in tackling the spread of the virus, says PM; detailed guidelines tomorrow.
TV broadcasters slam suggestion to ban govt ads
If Sonia Gandhi’s suggested austerity measure is implemented, it will leave the country’s media sector, which was already dealing with a slowdown, in a precarious position.
RBI measures fail to cheer markets
Both the benchmark indices closed flat after huge rallies in three consecutive days; they ended the week with over 20% gains from the week’s lows.
Covid-19: Lockdown slows down online grocers
E-commerce firms delivering essential commodities faced many hassles on Day One of the 21-day national lockdown; they’re working with local authorities to resolve the issues.
Markets end in the green
Positive global cues and hope of a government stimulus helped the markets recover after a 13% decline on Monday. Both the benchmark indices jumped over 5.6% before closing 2.5% higher on Tuesday.
MARKETS RISE AT THE END OF A GLOOMY WEEK
Key indices jump over 7.5%, before closing nearly 6% higher on Friday.
Caution is the investment mantra for 2020
While benchmark indices continue to hit new highs, the jury is divided on the fate of markets in the ensuing year.
Highway to heaven
A unique project in Varanasi is pushing for modern development in the heartland of Indian antiquity. It may well become a model for historic precincts in the country as India develops economically.
