Tag Archives: coronavirus impact on economy

Coronavirus Lockdown May Hurt Government’s Plan to Sell Record Bonds

Coronavirus Lockdown May Hurt Government

The government on Tuesday said it will sell Rs 4.88 lakh crore of bonds in the six months to September With India in the throes of an unprecedented lockdown, Prime Minister Narendra Modi’s record borrowing program may face a rough start. The government on Tuesday said it will sell Rs …

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RBI Cuts Rates As Distress Mounts Across South Asia Over Coronavirus

Economic Remedies For The Coronavirus Across The Globe

The RBI lowered the benchmark repo rate by 75 basis points to 4.40% New Delhi/Mumbai: The Reserve Bank of India slashed interest rates on Friday in an emergency move to counter the economic fallout from the coronavirus pandemic after the government locked down the country to slow the spread of …

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Covid19 Undermines crop Rates, Derails Rural Rebound

How Coronavirus Is Undermining Crop Prices, Derailing Rural Rebound

Prices for key crops like cotton have plunged as much as 50% just as farmers prepare for harvest Farmer Banwarilal Bhardwaj was planning to buy a car after harvesting his winter-sown crops that were promising bumper returns. But coronavirus has shattered that dream, undermining farm commodity prices as it spreads around …

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