Decoding India's new rules for dancing with the dragon

India's concern is real because China has been involved in dumping of steel in the past and the same allegation has been made by other countries when it comes to automobiles and electronics. Given China's superior economic position today amidst good valuations from an investors' standpoint, leveraging the same makes business sense.

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THE ECONOMIC TIMES NEWS DIGEST Wed, May 06, 2020 | 04:00 PM IST

Dear Mathew , here are top stories of the day.

News Decoding India's new rules for dancing with the dragon India's concern is real because China has been involved in dumping of steel in the past and the same allegation has b... Lockdown drags service sector to historic low The grim result for the industry, the engine of growth, underlines the pandemic's impact.... GDP will contract in the first quarter: CEA The statistics that are floating around in the social media, saying UK has done 15% of GDP, US has done 10% of GDP, I...

Today's Highlights Rs 34,800 cr financial help given to 39 cr beneficiaries As part of the Rs 1.70 lakh crore PMGKP, announced by Finance Minister Nirmala Sitharaman on March 26, the government... Companies expected to outsource more work: NTT In this environment, the delivery of platform-enabled solutions at speed across the entire technology stack becomes e... Workers stressed about returning to work: Survey As India Inc prepares for offices to open post the lockdown, the survey assesses the anxiety level of employees and s...

Industry Tech & Retail: Commercial rentals may come under pressure in post Covid-19 era A recent report from real estate firm Cushman & Wakefield said anticipation of a longer shutdown and revenue loss was... Excise duty hiked on petrol by Rs 10, diesel by Rs 13 The increase in excise comes amid crude oil prices still remaining at relatively lower levels of $23.86 a barrel, com... Maruti introduces new norms for dealerships amid COVID-19 pandemic The process ensures highest level of hygiene and sanitisation across all its showrooms for the safety of its customer...

NRI Most H-1B visa workers paid below mkt wages: Report "Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook....

epaper Mumbai short of hospital beds and patience The city, which has a population of about 2 crore, is running out of ICU beds and doctors.... No free lunch, let's be realistic, says CEA on coronavirus bailouts Chief economic adviser KV Subramanian said India's GDP is likely to grow 2 per cent for the full financial year.... Aarogya Setu app: Data safe, for limited period, says Ravi Shankar Prasad The Aarogya Setu app, which was developed by the government to track those with the disease and alert people about th...

Wealth Should you pay your rent using a credit card? Rent payment is one of the biggest monthly expenditures, especially for youngsters living away from parental homes. I...

Tech Aarogya Setu app has no vulnerability; no data, security breach has happened The government has mandated public sector and private employees who go to offices to download the app, as also people...

Jobs Most companies plan on retaining employees amid crisis According to staffing company Genius Consultants '9th Hiring, Attrition and Compensation Trend 2020-21', around 81 pe... Hiring activity sees decline of 62% in April 2020 compared to April 2019: Naukri JobSpeak The decline in hiring is led by industries like hotel/restaurant/travel/airlines (-91%), auto/ancillary (-82%), retai...

Panache Kya Bantai? 'Stay home, Stay safe', Gully Boys from Dharavi hip-hop to spread the message The progressive rap aims to bring the right message regarding Covid to people.... Twitter handle of Abhijit Banerjee turns out to be fake Ramachandra Guha clarified that the economist is not on Twitter....

RISE Airbnb is cutting 25% of staff amid global travel slump The San Francisco-based startup, which was poised to be the blockbuster stock listing of the year, has raised $2 bill... GA scouts for early bets in Indian tech startups General Atlantic manages $35 billion in assets across the world, and has been among the rare growth-stage funds to ma...

Mutual Funds Disappointed with your 'balanced' mutual funds? Check these funds But with `balanced' funds in India investing a minimum of 65% in equity, these funds have always had significant equi... Are these funds capable of delivering healthy returns? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of ...

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