Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
‘Luxury car market will see positive light in 2021’
Balbir Singh Dhillon, head, Audi India, on the uncertainty in the auto sector, his assessment of the COVID-19 crisis, and the outlook for the luxury market.
Covid-19: Impact on alternative assets
The alternatives industry faces short-term disruption due to the Covid-19 pandemic, but the longer-term impact is more positive, says Preqin.
Maruti Suzuki’s battle against Covid-19
Maruti Suzuki chairman R.C. Bhargava believes India has the resilience to overcome the pandemic. He explains what India’s largest carmaker is doing to fight the virus.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Pete Lau on the wonders of 5G
OnePlus founder says that because of 5G, we will worry less about data consumption.
EV sales in India grew 20% in FY20
The growth largely came on the back of two-wheeler sales. The industry sold 152,000 two-wheelers, 3,400 cars, and 600 buses.
Markets are yet to bottom out
Analysts with varied views have the 2008 global financial meltdown as the nearest comparable to the Covid-19 pandemic. But they are agreed on one thing: the need for caution.
Asia to see 0% growth in 2020, says IMF
Chang Yong Rhee, director of the IMF’s Asia and Pacific Department, also wrote in a blog that the current crisis from Covid-19 is like no other, worse than the Global Financial Crisis.
‘This is an opportunity for corrective action’
While many startups don’t have enough cash reserves, VCs will be selective in backing existing portfolios, which may trigger a churn, says Karthik Prabhakar of Chiratae Ventures.