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Walmart plans to triple export from India to $10bn/yr by 2027: Doug McMillon

Walmart plans to triple export from India to $10bn/yr by 2027: Doug McMillon
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

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Nobel laureate Abhijit Banerjee on economy, farmers' protest, coronavirus, Covid-19 vaccine


File photo of Nobel laureate economist Abhijit Banerjee.
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Joseph Prezioso/ AFP
Nobel laureate Abhijit Banerjee on Thursday said that the coronavirus pandemic turned out to be a “wasted crisis” for the Indian economy, suggesting that there was scope for a more significant fiscal push from the government. He was speaking at the Hindustan Times Leadership Summit.
“This was the time to do radical things like sell off banks to some foreign bank.in those terms it was a wasted crisis,” Banerjee said, while replying to a question on the government’s macroeconomic policies during the pandemic.
The 2019 Nobel recipient for Economics said he was not sure of how quickly the Indian economy might recover, and added that the country was reeling from a “demand shock” in the aftermath of Covid-19. “One of the reasons [of economic slowdown] is a massive demand shock.the investment is very slow,” he said. “Domestic economy is not giving muc ....

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