Search For "economy"
Equity gauges in the green, metal and auto stocks gain
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Equity benchmark indices rebounded during early hours on Tuesday in line with global cues with metal and auto stocks gaining ground.
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US Fed chief says economic slump could stretch through end of 2021
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], May 18 (ANI): Federal Reserve Chairman Jerome H. Powell said on Sunday that the US economy will recover from the damage inflicted by the coronavirus pandemic but the process could stretch through end of next year.
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Japan's economy in recession, Q1 GDP shrinks annualised 3.4 pc
Updated : 6 years, 1 month ago IST
Tokyo [Japan], May 18 (ANI): Japan's economy contracted an annualised 3.4 per cent during the January to March quarter as coronavirus pandemic continues to have a significant impact, according to government data released on Monday.
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US economy seems to recover as people head back to shops, restaurants
Updated : 6 years, 1 month ago IST
Washington DC [USA], May 18 (ANI): The US economy, which hit the bottom due to the damage wrought by the coronavirus, showed the first stirrings of recovery as Americans headed back to shops and restaurants over the weekend, trying to recapture routines, the outbreak had forced them to aband
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Economic package will have transformative impact on health, education; rev
Updated : 6 years, 1 month ago IST
New Delhi [India], May 17 (ANI): Prime Minister Narendra Modi on Sunday said that the measures and reforms announced by Finance Minister Nirmala Sitharaman will have a transformative impact on health and education sectors.
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IBC extension, reforms, focus on rural economy among laudable features of
Updated : 6 years, 1 month ago IST
New Delhi [India], May 17 (ANI): Describing emergent measures like one-year abeyance for the insolvency proceedings under Insolvency and Bankruptcy Code (IBC) and further reducing company law compliance burden as a hallmark of an agile and responsive government, the ASSOCHAM today said the P
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Govt to form new policy for PSEs, open all sectors to private players: FM
Updated : 6 years, 1 month ago IST
New Delhi [India], May 17 (ANI): The government will soon come up with a new policy for public sector enterprises (PSEs) and all sectors of the economy will be open for private entities, Union Finance Minister Nirmala Sitharaman said on Sunday.
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Sitharaman announces decriminalisation of Companies Act defaults
Updated : 6 years, 1 month ago IST
New Delhi [India], May 17 (ANI): In order to provide relief to the companies amid COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Sunday announced the decriminalisation of Companies Act defaults.
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Govt to allocate additional Rs 40,000 crore under MGNREGS: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], May 17 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday announced that the Centre has allocated an additional amount of Rs 40 thousand crores under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).
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FM's fourth tranche has no fiscal measure: P Chidambaram
Updated : 6 years, 1 month ago IST
New Delhi [India], May 16 (ANI): Finance Minister Nirmala Sitharaman did not announce any fiscal measure in her fourth tranche of the economic stimulus package, said senior Congress leader P Chidambaram on Saturday.
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FDI limit in defence manufacturing under automatic route to be raised from
Updated : 6 years, 1 month ago IST
New Delhi [India], May 16 (ANI): Finance Minister Nirmala Sitharaman on Saturday announced that Foreign Direct Investment (FDI) limit in defence manufacturing under automatic route will be raised from 49 per cent to 74 per cent.
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Vice Media Group to lay off over 150 employees from US, international unit
Updated : 6 years, 1 month ago IST
Washington D.C. [US], May 16 (ANI): Vice Media Group is laying off more than 150 employees from its US and international units, the company said on Friday amid an industrywide slowdown in digital advertising as the world battles the coronavirus pandemic.
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