The global economy is projected to contract by 3 percent in the year 2020 much worse than during the 2008-09 financial crisis. The COVID-19 pandemic is inflicting high human costs worldwide. As there are no proven medicines or vaccines to contain this pandemic, various countries had to resort to social distancing and the complete lock-down […]
Continue ReadingThe Reserve Bank of India (RBI) has announced the Targeted Long – Term Repo Operations (TLTRO2.0) ] in order to create conducive conditions for the functioning of financial institutions and markets. These measures attempt to ease out liquidity constraints and/or hindrances to market access faced by the sectors and entities adversely affected due to the […]
Continue ReadingWhen the level of economic activity is subdued in a country, the fiscal measures often prove more effective than the monetary policy instruments, but if both are used together, with a common objective of promoting growth or containing slowdown, it may give far better outcomes. Corona Virus has hit the world hard. Millions of people […]
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