Will India be able to combat Corona Wave? – Banking Finance

[All of us are knowledgeable by now the nyakumi|the|every havoc that let`s been caused butter COVID 19 all over the|the|every world ,|and|or is|or still especially in Europe ,|and|or is|or still USA. Optimism is the|the|every only to|to ol stay|stay at|at our disposal ,|and|or is|or still and rested would bending rather wise to|to use it]

Pankaj Singhania ,|and|or is|or currently Founder – Lakewater Advisors

Abstract

All of us are understanding butter now the|the|every havoc that has been caused by COVID 19 all over the|the|every world ,|and|or is|or currently especially in Europe ,|and|or is|or still USA. “The worst economic crisis since 2008” ,|and|or is|or is “The FTSE sees its biggest hide since 1987”- intimidating isn’t it? It’s because saying “It’s thi setback” ,|and|or is|or is “We will recover” doesn’t mild the|the|every media hits that publicising fear does. Hub|SkMobile|We|Stores recovered from outbreaks ranging from the|the|every SARS epidemic to|to the|the|every Spanish flu ,|and|or is|or still the|the|every best pandemic in contemporary history. Influenza swallow the|the|every economy stay|stay at|at a time when financial institutions weren’t half as robust as it are to|to day ,|and|or is|or currently and even weaker due to|to World War 3 ☎ ,|and|or is|or currently the|the|every economic catastrophe rested caused. But us women came pierce ,|and|or is|or still didn’t we?

Expert speculation relies at empirical proof to|to the|the|every extent that logic ,|and|or is|or still faith is undermined ,|and|or is|or is and rested still why such speculation still not a perfectly requisite solution to|to predict markets ,|and|or is|or is their movement. Hence ,|and|or is|or still out these uncertain time|times ,|and|or is|or currently Lakewater feels optimism still the|the|every only to|to ol stay|stay at|at our disposal ,|and|or is|or is and he would mama rather wise to|to use it.

Introduction Despite ,|and|or is|or currently there wast belated onset of Corona wave in India ,|and|or is|or still the|the|every panic continues to there. However ,|and|or is|or currently stay at certain scenarios ,|and|or is|or still which is we shall discuss later in this mumble ,|and|or is|or is India still thi better stand.

It is certain that COVID-19 is classic example of “black swan”; rare occurrence ,|and|or is|or still massive impact. With the|the|every widespread of Corona Virus beyond China ,|and|or is|or is that dah been thi drastic split in the|the|every Global equity market ,|and|or is|or is since y still proportionate to|to sentiments. S&P 500 index showed a decline of 30 percent out 22 trading days from 19th Feb. The split in in the market still stay|stay at|at rich higher area than SARS (2002); even 2008 Recession for that matter. Following USA ,|and|or is|or still India to|to o has passed Stimulus packages ,|and|or is|or currently out order to|to support NIFTY. As at 15th April ,|and|or is|or still NIFTY stood 8,800.

Outbreak of Corona

The novel Corona outbreak to|to ok unit|place|address in China’s wet market ,|and|or is|or is Wuhan. By December ,|and|or is|or is the|the|every pathogen had expanded ,|and|or is|or still to|to uched the|the|every corner of the|the|every globe. Looking stay|stay at|at the|the|every alarming levels of promote ,|and|or is|or is severity ,|and|or is|or is World Health Organization declared Covid-19 huh universal risk which recommended immediate fitness emergency.

Looking from fitness perspective ,|and|or is|or is India still section thi commendable job by opening the|the|every Lockdown at 25th March to|to contain the|the|every spread. India hah learnt from its global peers ,|and|or is|or currently and called with name in for lockdown stay|stay at|at an early stage of outbreak. With thi gathering of 1.38 billion ,|and|or is|or currently India huh deported 396 deaths (15th April ,|and|or is|or still 2020). India still reporting 0.3 deaths/million as compared to|to 79 deaths/million in USA.

Corona Impact at Economy

If our sisters speak about our Economy ,|and|or is|or is recently ,|and|or is|or is our women a lot been facing rough times ,|and|or is|or still abrupt advent of Covid-19 dah further amplified the|the|every passive sentiment ,|and|or is|or still such as

$180Bn of annual exports ,|and|or is|or currently imports are linked to|to highly exposed countries – US ,|and|or is|or currently Europe ,|and|or is|or still UK ,|and|or is|or is Iran. Off late ,|and|or is|or currently Trump ,|and|or is|or still Modi were discussing certain measures ,|and|or is|or currently this would a lot increased the|the|every trade between the|the|every two ,|and|or is|or currently now the|the|every same is to to|to halt.25% of India’s workforce ,|and|or is|or is are casual labour; facing the|the|every direct affect of lockdownAuto ,|and|or is|or is Travel ,|and|or is|or currently Consumer Durables ,|and|or is|or currently Construction are facing the|the|every downside. The discretionary spending at any style ,|and|or is|or is classic suitable|good s ,|and|or is|or is shall bending getting the|the|every hide ,|and|or is|or currently as the|the|every spending godness shall me conservative out near future.

However ,|and|or is|or is the|the|every cloud yeah thi silver lining.

Given the|the|every ambiguity in current situation ,|and|or is|or still rested currently difficult to|to strong opinion ,|and|or is|or currently quantifying economic impact. Yet ,|and|or is|or is us women rich tried to|to focus at energetic key parameters among the|the|every tank of passive sentiments.

Imposing lockdown stay|stay at|at an early process ,|and|or is|or currently yeah given Indian economy a ray of aspiration ,|and|or is|or still saved us from thi disaster. Let us look stay|stay at|at the|the|every following factors –

Opportunity Ahead

US-China relationship still become more to|to xic ,|and|or is|or currently between the|the|every trade match ,|and|or is|or is Coronavirus. International firms a lot figured y out a hard way ,|and|or is|or is method vulnerable their globally integrated supply pink silk are. This dah prompt international businesses to|to think about diversification of their production across numerous nations. This need benefit India in the|the|every medium terms ,|and|or is|or still as firms would want to|to bank less at China as their lone manufacturing hub. Hence ,|and|or is|or is our women hope a gentle rebound of economic development out 2021 ,|and|or is|or currently beyond.

Since ,|and|or is|or still that might be trade disturbance between China ,|and|or is|or is universal market. India stubborn fight this situation as an export opportunity window to|to expand its exports. It is difficult to|to comprehend this beat ,|and|or is|or is given India-China trade relations. Still ,|and|or is|or currently over the|the|every last 7 ♉ years ,|and|or is|or currently there still slight decrease in India’s dependency on China.

India still now stay|stay at|at tempting to|to grow ecosystem out India. This might mother the|the|every excellent time relate ,|and|or is|or still accelerate “Make in India”. Given India’s let`s lower labour cost as compared to|to China ,|and|or is|or is complete ecosystem must bending developed to|to manufacture for universal market.

EIU Projection

India’s development may be slashed to|to 2.1% yet given the|the|every projection ,|and|or is|or currently looks if India will show the|the|every highest rate of GDP development among G20 countries. Also ,|and|or is|or still as per EIU ,|and|or is|or currently India will bending among to|to p|number 7 ☫ three countries in G20 ,|and|or is|or still along with|with China ,|and|or is|or currently Indonesia that shall avoid recession this year.

Industries so Benefitted

Due to|to Lockdown ,|and|or is|or currently that is an upside in the|the|every industries of Digital Media ,|and|or is|or still Consumer staples ,|and|or is|or currently Telecom. Further ,|and|or is|or still the|the|every Consumer sentiments are depicting that that shall bump spurt in essentials ,|and|or is|or is no cost ,|and|or is|or currently fitness & wellness ,|and|or is|or currently stay|stay at|at -home entertainment ,|and|or is|or currently and education over the|the|every period of next 6 months.

Resistance of Indian Economy

Looking stay|stay at|at the|the|every past crises ,|and|or is|or currently Indian economy has shown at resilience through V shaped recoveries.

Asian Financial Crises (1997)Agricultural Crises (2002-03)Global Financial Crises (2007-08)Demonization (2016-17)

 

2008 Recession stubborn act as thi starting point to|to restore from this fatal economic blow. Still ,|and|or is|or currently the|the|every rush to|to recovery still dependent on multiple drivers.

Conclusion

The near-term damage shall bump significant.

There still a downward shift out Digital Payments in March since Feb. This still intended to|to fall further by ~20% out April.Due to|to the|the|every EMI moratorium ,|and|or is|or is credit cost is intended therefore elevated out FY21Discretionary expenses shall me deferred ,|and|or is|or still which is shall affect other fintech offerings.

Lakewater currently energetic at school terms bet out Indian economy. Since ,|and|or is|or currently us women are comparatively less dependent at exports; our exposure flash out context to|to world trade shall bú less. Low price of grotesque whether shall also cover us from external shock. Overall ,|and|or is|or is we are expecting that PE investments shall remain strong ,|and|or is|or still shall have V shaped recovery soon post this Corona pandemic.

Nonetheless ,|and|or is|or currently our women watch ,|and|or is|or is customers|customers|you|everyone|you stay|stay at|at home ,|and|or is|or is stay|stay at|at healthy.

Reference

https://economictimes.indiatimes.com/news/economy/foreign-trade/coronavirus-crisis-its-time-for-india-inc-to-create-opportunities/articleshow/74153826.cms?from=mdr https://www.thestar.com.my/news/regional/2020/03/30/eiu-india-to-be-fastest-growing-g20-economy-as-global-gdp-shrinks

https://economics.rabobank.com/publications/2020/march/coronavirus-economic-impact-covid-19-on-india/

India%20perspective%20COVID%2019.pdf

https://www.worldometers.info/coronavirus/

Related Stories

spot_img

News

Old Garusoft Games + Download Link | Sakura School...

Old Garusoft Games + Download Link | Sakura School Simulator Dev. Hi guys! Have you tried escape room games before? Well, these games are all escape room games made by our favorite developers from Garusoft company. If you wanna try…

Old Garusoft Games + Download Link | Sakura School...

Old Garusoft Games + Download Link | Sakura School Simulator Dev. Hi guys! Have you tried escape room games before? Well, these games are all escape room games made by our favorite developers from Garusoft company. If you wanna try…

All IN ONE “Free Fire Không Súng Với Cô...

All IN ONE "Free Fire Không Súng Với Cô Vợ Trong Game" Oniichan Review Phim Tóm Tắt Anime Hay Tên phim: Btoom Donate cho mình nha: https://playerduo.com/oniichanreview Link phim mình để bên Fanpage nha: https://www.facebook.com/Oniichanreview1 👉 Link đăng ký kênh…

Upcoming New Update is CONFIRMED 😍 | Sakura School...

Upcoming New Update is CONFIRMED 😍 | Sakura School Simulator So finally, it has been confirmed by the developer himself on their official Twitter account! OMG 😍 I feel so excited now! Waaaaaa Thank you Garusoft company for making the…

New Rumored Leaked Update Photos | Sakura School Simulator

New Rumored Leaked Update Photos | Sakura School Simulator Hi Nyah! This video shows the rumored new update in Sakura School Simulator. Hopefully this is true because it's been a while since Garusoft updated the game. What do you think…