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Finance Management
May 31, 2020 Cover by NilaNjaN das RBI’s Blocked Tap How Productive Is
Volume 29, Number 11 The traditional approach of Work from Home?
pumping money into banks to Companies are rediscovering
push liquidity to corporates what works and what doesn’t
6 and NBFCs is not working. it’s
time to change the strategy
Exploring New A Virtual
Avenues Dose
Pg. 38 Pg. 56 The Point 74
OIL’S ZERO-SUM GAME
The New Farm Control + The May futures contract for west
Formula Alt + Del Texas intermediate crude oil fell Technology
Pg. 40 Pg. 60 to minus $37.63 a barrel. But retail 24
prices in india have not fallen due to Tech Rescue
sharp increase in excise duty a clutch of start-ups is
New-age The Virtual offering solutions to tackle
Banking Bench Policy the Covid-19 pandemic
Pg. 44 Pg. 64
Force Majeure
10 Restraint
Not a Small Companies invoking the clause
Shift must remember that it does not
Pg. 46 Equity Funds’ Assets ensure guaranteed protection
Plunge After Six Years from contractual obligations
Reinventing This is the sharpest fall since the
the Wheel 2008/09 financial crisis
Pg. 50
66
Making Out
of India 12
Pg. 52 Industry
Economy The Coming Crunch
in a Covid-stricken world, as govern-
STIMULUS: Here ment spending shifts to healthcare,
Is the Money infrastructure should not get the
india badly needs a stimulus. short shrift. That could severely 80
Here’s how to find the money impact the economy
Network
businesstoday.in Rajnish Kumar, Chairman of
The Long Serve
sBi, is a busy man. The sixty-
two-year-old makes it a point
to hit the badminton court
whenever he has free time
sTay CoNNECTEd wiTH Us oN
28 www.facebook.com/BusinessToday@BT_india 82
TRansfoRm oR Die illustration by raj verMa From time to time, you will see pages titled “An Impact Best Advice I Ever Got
An Feature
The coronavirus pandemic is forcing companies Feature” or “Advertorial” in Business Today. This is no “Dissent Is the Voice
different from an advertisement and the magazine’s editorial
of Progress”
to reimagine and reinvent staff is not involved in its creation in any way. MaHEsH BalasUBRaMaNiaN
4 Business Today 31 May 2020 31 May 2020 Business Today 5