The financial lens

You gotta start buying something when Coronavirus sells off.  😂👻🗣 Coronavirus are a family of viruses known for containing strains that cause potentially deadly diseases in mammals and birds. In humans they're typically spread via airborne droplets of fluid produced by infected individuals . China is suffering both ways as in case of demand as well as supply. The demand has gone down drastically most of the materials whereas the supply has been terribly restricted because the companies have ceased to function. Since India is a prominent trade partner of China, it was evident that India would suffer the effect too and that’s what has happened. The coming days will see some stress if factory closures continue in China. Wuhan, the epicentre of the crisis, is home to some of the world’s largest computer factories. Hubei province, whose capital is Wuhan, is home to some of the world’s largest auto component makers. China is the world’s factory — it makes around 90% of the wo...

There was a dire need to address the economic concerns of India and there is something for everyone in this budget. India is one of the world’s fastest-growing economy and this budget in 2020 is aimed at pumping more business and investments in the country. It is said that size matters, but the longest speech in budget history did not guarantee Nirmala Sitharaman success. Her second budget had no big fiscal stimulus, several protectionist duties, and few convincing steps to revive a slowing economy. Disappointed investors sent the Sensex crashing 1000 points. The tax on cigarettes has been raised yet again, but not the tax on beedis. Tobacco kills, whether in cigarettes or beedis. True, the beedi industry employs many people, but if you must employ some people to kill others, maybe better ways can be found.However, the Sitharaman approach of depending more on non-tax revenue than borrowing to finance capex is a positive move. It will help cut market interest rates. The divide...