- Britain is facing immense uncertainty amid the mishandling of the pandemic and Brexit, and Boris Johnson’s government needs to urgently recapture its reformist zeal to set the country back on a recovery path.
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Johnson’s bleak house Britain

Much work lies ahead for Boris Johnson to get Britain back on track (AFP )
4 min read . 23 Dec 2020 The antidote for India’s healthcare woes

A digital health ecosystem that can leverage data, technology and collaboration can help leapfrog India's healthcare. (REUTERS)
4 min read . 22 Dec 2020Abheek Singhi - By encouraging collaboration and combining digital approaches with traditional healthcare models, India can create a powerful antidote that addresses the challenges related to access, affordability and quality of care.
Covid-19: Delhi records 2,706 fresh cases; positivity rate dips to below 4%

Passengers wearing face masks as a preventive measures against the Covid-19 in New Delhi (AFP)
1 min read . 06 Dec 2020PTI - 69 fatalities were recorded in Delhi, pushing the toll due to Covid-19 in the national capital to 9,643
- The active caseload on Sunday dropped to 24,693 from 26,678 the previous day
Hong Kong bars Air India flights for 4th time as passengers test covid positive

This is the fourth time that Air India flights from India have been banned by the Hong Kong government (MINT_PRINT)
1 min read . 28 Oct 2020PTI - Previous bans were during September 20-October 3 and August 18-August 31 and October 17-October 30
- Scheduled international passenger flights continue to remain suspended in India since March 23
India Inc seeks rate cut, fresh fiscal stimulus

The finance ministry needs to take strong measures to support demand and an economic revival, say analysts. (Mint)
2 min read . 02 Sep 2020Anirudh Laskar - Analysts at both Nomura and Bank of America said the finance ministry needs to take strong supportive measures to support demand
- According to economists, the current scenario will need an aggressive fiscal response
India to offer production linked incentives to boost manufacturing

An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production. (REUTERS)
1 min read . 23 Jul 2020Reuters - Asia's third-largest economy is expected to contract by as much as 10% in the current fiscal year beginning April, some private economists' estimate
- Industry and government sources said sectors such as textile and food processing manufacturers could be offered production linked incentives
Risky bond sales jump to 15-month high in India on stimulus

FILE PHOTO: A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. REUTERS/Mukesh Gupta/File photo (REUTERS)
1 min read . 08 Jul 2020Bloomberg - Issuance of local-currency corporate notes graded A+ and lower rose to a 15-month high of 51.7 billion rupees ($690.5 million) in June
- To ease strains on corporate finances, the Reserve Bank of India since late March has funded banks’ purchase of 1.13 trillion rupees of company bonds
PM Narendra Modi extends free foodgrain scheme for poor till November

The Centre has set March 2021 as deadline for the one nation one ration card’ scheme.
2 min read . 01 Jul 2020Utpal Bhaskar - 800 million will get 5kg wheat or rice, 1kg of pulses a month
- India unveiled a ₹1.75 trillion relief package for the poor under the Pradhan Mantri Garib Kalyan Yojana on 26 March
State-run lenders have at least ₹7.9 tn loans under moratorium

(Photo: Reuters)
2 min read . 30 Jun 2020Shayan Ghosh - The actual extent of the moratorium will be greater because except SBI, other banks have not given any absolute numbers on moratorium
- In the absence of any standard disclosure format, different banks have used different metrics for moratorium disclosures
Lenders see small and medium businesses making a recovery soon

Naushad Forbes, co-chairman, Forbes Marshall,
2 min read . 26 Jun 2020Shayan Ghosh - The government has already pledged ₹3 trillion support to the MSME sector, the backbone of the Indian economy
- MSMEs are also worried about sourcing raw material from China, amid calls to boycott its products in the wake of the Ladakh border clash
MSME bailout hits stamp duty hurdle

To be sure, these loan deeds are mandatory for other types of loans as well. (Sai Sen/Mint)
2 min read . 25 Jun 2020Shayan Ghosh - Under the emergency credit line backed by a government guarantee, banks have sanctioned loans worth over ₹79,000 crore as of 20 June
- In a meeting with finance minister last week, lenders pointed out that many of these small firms were not using the facility as they could not afford to pay stamp duty
Pandemic helps Zoom boom, video chat firm doubles 2020 guidance

A student takes classes online with his companions using Zoom at home during the coronavirus outbreak. (Reuters)
2 min read . 03 Jun 2020Prasid Banerjee - The number of daily meeting participants on Zoom peaked at 300 million in April 2020, 30 times of those in December
- The company said it will offer better encryption for paid customers though it did not commit to making it free
Centre won’t curb imports, says FM Nirmala Sitharaman

Finance minister Nirmala Sitharaman. (Pradeep Gaur/Mint)
1 min read . 23 May 2020Biman Mukherji FM’s assurance allays fears that India’s quest for self-reliance may see it veer away from the path of globalization
NBFCs request FM for changes to liquidity schemes

Finance Minister Nirmala Sitharaman (Photo: ANI)
2 min read . 22 May 2020Gopika Gopakumar Not happy with the three-month tenure of a ₹30,000 crore scheme, NBFCs want it extended to three years
Cabinet approves key proposals in ₹20 tn economic package

The cabinet committee on economic affairs also cleared the rules for auctioning coal and lignite mines for sale of these commodities on a revenue sharing basis, a note said.
1 min read . 20 May 2020Gireesh Chandra Prasad, Shaswati Das The cabinet also cleared a special liquidity scheme for NBFCs and housing finance firms as part of the package
CBDT gives wholesalers relief on electronic payment norms

A file photo of a man using his Rupay debit card to pay for purchases at a store at Ibrahimpur. Photo: Yunus Y. Lasania/Mint
1 min read . 20 May 2020Gireesh Chandra Prasad The use of e-payment modes was made compulsory in 2019 in a bid to promote a less-cash economy

MWM
Money With Monika: Decoding Centre’s ₹20 trillion economic package
20 May 2020- What are the takeaways from the ₹20 trillion package? Who would benefit from the economic relief package announced by the government? In this special series of Money with Monika, personal finance expert Monika Halan decodes the key takeaways of the relief package.
'Govt to help migrants in coming back when industrial activities resume'

Finance Minister Nirmala Sitharaman. (ANI)
1 min read . 20 May 2020ANI - Nirmala Sitharaman said, Prime Minister Narendra Modi's vision of Atma Nirbhar Bharat is aimed at making Indian globally competitive
- Sitharaman said a lot of companies have had queries from the workers to check if the lockdown is going to be lifted soon and when the production is likely to commence
States weed out obstacles to help farmers sell their produce

Farmers have been finding it difficult to sell the harvest amid the curbs in the past few weeks. (Bloomberg)
2 min read . 20 May 2020Gyan Varma, Anuja - Several states are taking steps meant not only to ease sale of produce but also to check food price rise
- States expect removal of intermediaries in purchasing to boost farmers’ income
I've done the best for India Inc: Sitharaman on stimulus package

Union finance minister says a lot more local job opportunities need to be created. (Photo: HT)
7 min read . 20 May 2020Anil Padmanabhan, Gireesh Chandra Prasad - Union finance minister defends lockdown and stimulus package, says government will not hesitate to take more steps to support Indian businesses
- ‘The schemes are getting implemented, and people will have some money in their hands and start business again’