Friday 1 May 2020

How printing money can save the economy of a nation

​​The US, the European Central Bank, Japan, and even emerging economies such as Turkey and Indonesia are printing money to bring economies back to life.
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THE ECONOMIC TIMES

NEWS DIGEST

Fri, May 01, 2020 | 04:00 PM IST

Dear Reader, here are top stories of the day.

News
How printing money can save the economy of a nation How printing money can save the economy of a nation
Trump says evidence ties China lab to virus

Asked if he had seen anything giving him a high degree of confidence that the Wuhan Institute of Virology was the sou...

Virus invades the billable hour

Law firms have seen their fees slashed as clients question the time actually spend on the job....

Today's Highlights
ET Survey: Is it time to make peace with Covid? ET Survey: Is it time to make peace with Covid?
Petrol sales down by 61%, diesel by 56% in April

Fuel sales have crashed as the nationwide lockdown has mostly kept people indoors, vehicles off the roads, planes gro...

HRD formulating guidelines for schools, colleges

Universities and schools across the country have been closed since March 16 when the central government announced a c...

Industry
Digital retail of vehicles, subscription models to take off post Covid-19 Digital retail of vehicles, subscription models to take off post Covid-19
MG Motor retails zero units in April

The company, which reports only retail sales figures, has recorded zero retail sales for the month of April 2020, as ...

Maruti Suzuki reports zero sales in April due to lockdown

Lockdown has caused the closure of auto dealerships and plants across the country....

epaper
Lockdown is costing India's auto industry Rs 2,300 crore daily Lockdown is costing India's auto industry Rs 2,300 crore daily
Govt may raise up to Rs 10,000 crore via tax-free bonds

The finance ministry has begun negotiations with bankers on a likely tax-free bond issue. The money may be raised in ...

Restaurants to share 'loyalty', create discount program

India's largest restaurants have started a first-of-its-kind combined loyalty programme, bringing rivals together to...

Panache
Lockdown is helping Baidyanath focus on e-commerce, building a better future Lockdown is helping Baidyanath focus on e-commerce, building a better future
'One grudge against Irrfan, he spoilt me for life', says Sutapa Sikdar; thanks doctors in London, UK for support

Sikdar's emotional message struck a chord with the late actor's fans....

When in quarantine, work out! These fitness apps will help you during lockdown

These apps could help you stay in shape and ease anxiety about coping with the pandemic....

Wealth
When can you withdraw money from your EPS a/c? When can you withdraw money from your EPS a/c?
RISE
Oyo to offload more loss-making hotels amid pandemic Oyo to offload more loss-making hotels amid pandemic
In revival nudge, AP to clear sops due to MSMEs

The state government expects the decisions to benefit more than 97,000 MSME units, including 72,531 micro enterprises...

Logistics space in the limelight as e-tail steps up

Changing user consumption patterns and rapid adoption of omni-channel models drive demand....

Tech
Business (Not) As Usual Business (Not) As Usual
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