the country is finding it tough to ride the storm.
Dear Balbir Singh Sooch,
India had weathered the 2008 global financial crisis much better than many other economies. But this time around, the situation is unprecedented and the country is finding it tough to ride the storm. The pandemic — and the consequent lockdown — has impacted almost all sectors of the economy.
Companies now hope that a phased unlocking will gradually bring them back to business. In the week gone by, ET Prime has done some insight-rich pieces and looked beyond the obvious. We covered many important topics -- from forecasting methods for Covid-19 to repurposed drugs for treating the patients and the possibility of a loan-waiver for the industry to a stuck IL&FS resolution plan. We also did a deep dive on how a delay in 5G roll-out could actually help the telecom sector.
Here is a handpicked collection of the week’s most thought-provoking stories:
The gaps in Covid-19 forecasts
Will the pandemic peak in July or August? Delayed reporting and evolving testing strategy impact the conclusion.
A blessing in disguise
Why a delayed 5G foray is the opportunity India needs for seamless migration to next-gen networks
A test case for India’s financial sector
The pandemic ruins Uday Kotak’s resolution plans for IL&FS. It’s a long and hard road ahead.
Reinvention at the time of crisis
Forget Baba’s magic pill. Kaadha to favipiravir, pandemic has given a new meaning to repurposed drugs.
PSBs can’t give a lifeline to industry
Loan-waiver demands for the industry are unrealistic. India, and its banks, can’t afford it.
We hope you enjoy this selection. Let us know what more you’d like to see in our weekend edition.
Regards,
ET Prime Team