Corporate results for first quarter of FY21 suggest that the growth outlook for the Asia’s third-largest economy are grave and recovery depends on how quickly the pandemic is contained, the lead edit points out here
. So how should the Reserve Bank respond? Ahead of the central bank’s Monetary Policy Committee meet next week, Tamal Bandyopadhyay assess the options before it and explains why a rate cut is unlikely. Read it here
. Other views focus on the New Education Policy, the broken stockbroking system and the new import licensing norms for TVs. Kanika Datta
sums them up.
The return of import licensing for TV sets is a giant step back for India and the Indian economy, betraying that completely wrong economic instincts have taken hold in New Delhi, the second edit points out. Read it here