In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...

-Livemint.com Such a recovery will be stress-tested in an economy with Excess Capacity. That is why wages matter The first estimates of economic growth in the September quarter indicate that India’s ongoing recovery has been better than expected. This is a good time to resurrect a question this column had raised in August: Will the economic recovery be led by profits or wages? The answer matters because it has implications for aggregate...

-The Hindu A huge challenge is likely to emerge when the swarms flying over 20 districts in Rajasthan start breeding. Jaipur: The threat of locusts, which have invaded vast swathes of land in Rajasthan and entered neighbouring Madhya Pradesh, is bigger this year in comparison with the damage caused to standing crops in a limited area in 2019. The tropical grasshoppers have been crossing over to India via Pakistan’s Sindh province since...

-Business Standard Volumes during August were dragged down by the top two manufacturers, which together sell more than seven in every 10 trucks Mumbai: Sales of medium- and heavy-duty commercial vehicles (M&HCVs), excluding buses, considered a barometer of economic activity, more than halved in August, as transporters — struggling with Excess Capacity owing to a slowing economy and consumption slowdown — deferred purchases, the monthly sales data released by truck makers shows. India’s...

-Scroll.in/ qz.com While the government was busy celebrating cosmetic measures like ‘ease of doing business’ ranking, the real economy tanked. Suddenly, it seems like everything is shrinking in India: our capacity for tolerance and diversity, the space for democratic expression and dissent – and now, economic growth. The warning signs have reached a point where they cannot be ignored any longer and more people, including prominent business leaders, are speaking out. Yet, at...