
Stimulus 3.0 and India’s growth mantra
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
Risk management software company BCT Digital CEO Jaya Vaidhyanathan says Indian banks will need to prepare for the worst while hoping for the best.
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
Enhanced foreign investment limits in debt securities will be a boon for India, more so in the near term, as Covid-19 combating measures will drain government resources.
‘I wish the FM would listen in this time of crisis,’ the beleaguered industrialist tweeted; he has challenged an extradition warrant against him in the U.K.
Both the benchmark indices closed flat after huge rallies in three consecutive days; they ended the week with over 20% gains from the week’s lows.
Finance minister Nirmala Sitharaman says the package will benefit two million people fighting the Coronavirus outbreak.
Over 60 odd million MSMEs are in real danger due to market issues with over 92% drop in domestic sales compared to the same time last year, says industry body.
Nirmala Sitharaman rolled out the package for those at the bottom-of-the-pyramid to cope with the lockdown in the country, in a bid to halt the spread of the new Coronavirus.
Repo rate slashed by 75 bps, governor says will do whatever it takes to mitigate Covid-19 impact; growth outlook for FY21 unclear.