Perils of rushing headlong into a ban on China

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THE ECONOMIC TIMESDaily Newsletter Sun, Jun 14, 2020 | 04:56 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day The perils of rushing headlong into a full Chinese decoupling The process must the gradual, spread over several years. Any other approach will spell pain in Indian markets.... Google tax: India's tightrope walk in Covid-crippled times How Asia's densest slum chased the virus Petrol price hiked by 62 paise/litre, diesel by 64 paise RIL raises Rs 1.04L cr from investors in 8 weeks Actor Sushant Singh Rajput found dead The economy is reeling. Tech giants spy opportunity. Govt unlikely to go for privatisation of PSBs this fiscal

Debate This Will economic patriotism lead to India's undoing? The government seems to have decided that the best way to salvage the sinking ship is to look inwards. There are calls within the government for the boycott of global products, especially Chinese. But is it possible to shut the world out without first strengthening our own supply chains? India doesn't yet have the concrete channels needed to substitute imported products with home-grown ones. So, there are chances that taking 'vocal for local' too seriously might just backfire on the country of 1.3 billion.

SENSEX 33780.89 242.52 NIFTY 50 9972.90 70.90 USD/INR 75.84 0.05

Top Gainers NSE 8 companies (largecap) appreciated more than 5% Sundaram Fin 11.75% Aditya Birla Fashion 7.32% More from Gainers Top Losers NSE 3 companies (largecap) price decreased more than -3% Zee Ent. -4.21% ONGC -3.45% More from Losers

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Behind the new LAC flashpoint is a story few have ever heard The valley, in news because of the latest India-China standoff, was in the spotlight during the 1962 war too.... Covid-19 exposes Indian middle class' paranoia FIEO for fastening process to seal free-trade pact Revival sign: Hiring up in some sectors In corporate reckoning on race, an industry stands out Gold ETFs attract Rs 815 crore inflows in May Door-to-door survey in Delhi hotspots: Amit Shah NCLT allows Jet to sell office in Bandra Complex

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Top Slideshow Bidding farewell to Sushant Singh Rajput Top Video Sushant Singh death: B-town condoles

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