Don't let market fool you, economy needs help: Experts to govt

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THE ECONOMIC TIMESDaily Newsletter Mon, Jun 29, 2020 | 05:55 PM IST

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Top stories of the day Don't let market fool you, economy needs help: Experts to govt There is a weak linkage between buoyant markets and economic recovery, economists at SBI said. ... RBI seeks extension for Monetary Policy Committee members India plans incentives for auto companies to boost exports: Sources Pandemic set to take a toll on executive education programmes Gross state domestic products to see sharp declines in FY21 95% appliances now made in India: CEAMA Why this CEO uses a standing desk at home Pakistan Stock Exchange comes under attack; 11 killed

Debate This Indian economy would have crumbled anyway, covid or not Optimism, if any, about the state of the economy at this point is difficult to explain. There is little ammo left with the govt after the reforms it tried to execute in the recent past didn't exactly restart the economic engine. The decline in India's fortunes actually started quite a while ago; the virus struck an economy with pre-existing conditions.

SENSEX 34961.52 -209.75 NIFTY 50 10312.40 -70.60 USD/INR 75.57 -0.08

Top Gainers NSE 3 companies (largecap) appreciated more than 3% IDBI Bank 5.00% Oracle Fin 4.16% More from Gainers Top Losers NSE 6 companies (largecap) price decreased more than -5% Bharat Forge -10.21% Ashok Leyland -7.34% More from Losers

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The genesis of the Hinduja family dispute The dispute that has been simmering for four years, came into the open last week.... Iran issues arrest warrant for Donald Trump, asks Interpol to help Star, Sony & ZEE to air fresh content from July 13 India muscles up for a hostile neighbourhood The curious case of Ruchi Soya's rally Goldman India CEO on how to survive a pandemic Counting on Trump? Don't, China tells India You can't survive by keeping your workers home, says Rajiv Bajaj

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