India needs intelligent lockdown exit strategy: SBI report

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THE ECONOMIC TIMESDaily Newsletter Sat, May 30, 2020 | 05:52 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day India needs intelligent lockdown exit strategy: SBI report "We now believe that we should implement an intelligent lockdown exit strategy as the discussion has moved from debat... Will place draft ecommerce policy in public domain for comments soon: DPIIT Secretary Hyundai Motor exports over 5k units in May Three Indian companies get licence to manufacture NASA's coronavirus ventilators National Guard summoned to aid US cities amid police clashes US pharma giant seeks marketing authorisation from India for remdesivir Firms face indemnity letters, due block over GST Delhi-Moscow AI flight returns after pilot found COVID-19 positive

Debate This India should forget catching up with China in growth. Agree? The GDP numbers for both Q4 and full-year FY20 are out. Although Q4 saved India the blushes by beating most forecasts, it could not save FY20 from becoming the worst year in eight. Considering the fact that the lockdown affected only seven days of Q4, the omens appear even more awful for Q1 of FY21, the better part of which has already gone to waste. So, bye bye, double-digit growth dream?

SENSEX 32424.10 223.51 NIFTY 50 9580.30 90.20 USD/INR 75.61 -0.15

Top Gainers NSE 14 companies (largecap) appreciated more than 5% IDFC First Bank Ltd. 9.14% Colgate-Palmo 7.17% More from Gainers Top Losers NSE 4 companies (largecap) price decreased more than -3% Adani Transmission Ltd. -4.50% Ashok Leyland -4.39% More from Losers

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Modi 2.0 cost investors Rs 27 lakh cr so far Just 10% of BSE-listed stocks could log a respectable double-digit return for the year.... Tata Steel to honour all job offers to new hires How coronavirus jumped from animals to humans decoded Kerala's free internet project to be commissioned in December: CM View: The pandemic isn't India's only curve to flatten Trump bans entry of certain groups of Chinese students to US Govt to arrange special trains to bring labourers back to their workplaces: Anurag Thakur EPF contribution at 10% likely to push up your take home by only 1-2% Bombay HC refuses to quash order banning over-the-counter liquor sale

More From our Partners Lockdown Crisis: This is what your business needs to survive

Top Slideshow Custom-made facemasks are in trend Top Video Wangchuk appeals for action against China

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