One of the biggest casualties of Covid-19 would be government finances. While revenues will suffer due to the sudden stop in economic activity, the government will need to spend more to contain the fallout of Covid-19. Business Standard Opinion pieces for the day talk about the fiscal and other aspects of the pandemic.
Given the economic situation and its potential impact on the fiscal position, the government’s borrowing needs may change significantly, argues our lead editorial
The Indian IT companies will have to massively retool their business model if they are to recover revenue growth, notes our