Search For "economy"
COVID-19: German finance minister kills himself following 'despair' over e
Updated : 6 years, 3 months ago IST
Berlin [Germany], Mar 30 (ANI): Finance minister of Germany's Hesse state, Thomas Schaefer, committed suicide apparently after expressing "despair" over how to handle the economic fallout from the fast-spreading coronavirus, an official confirmed on Sunday.
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Combating COVID-19: PM CARES Fund in place, people urged to donate generou
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 28 (ANI): With coronavirus posing severe health and economic ramifications for the country, the government has set up -- PM CARES Fund -- to deal with emergency or distress situation like that posed by COVID-19 and to provide relief to the affected people.
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Gurugram real estate developers laud RBI measures
Updated : 6 years, 3 months ago IST
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
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Start the new financial year on the right foot: invest in an FD
Updated : 6 years, 3 months ago IST
Pune (Maharashtra) [India], Mar 28 (ANI/ BusinessWire India): With the new financial year on the horizon, the time is right for a re-assessment of your risk profile, given the volatility in the market today and the condition of the Indian economy. The Reserve Bank of India (RBI) announced on
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Trump signs USD 2.2 trillion coronavirus relief plan
Updated : 6 years, 3 months ago IST
Washington DC [USA], Mar 28 (ANI): US President Donald Trump on Friday signed into law a USD 2.2 trillion economic rescue package to combat the coronavirus outbreak and send economic relief to workers and businesses squeezed by restrictions meant to stop the spread of the deadly virus.
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COVID-19: IMF says global economy in recession
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 28 (ANI): International Monetary Fund chief Kristalina Georgieva said that the global economy is now in a recession due to coronavirus.
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NITI Aayog hails RBI's decisions to counter COVID-19 impact on economy
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Hailing the decisions taken by the Reserve Bank Of India (RBI) to mitigate the economic slowdown triggered by the COVID-19 lockdown, NITI Aayog CEO Amitabh Kant called them progressive and timely measures.
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Progressive, timely measures by RBI to strengthen economy amid COVID-19 lo
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Bharatiya Janata Party President Jagat Prakash Nadda on Friday welcomed "progressive and timely measures" taken by the Reserve Bank of India to slash down repo rate, reverse repo rate and cash reverse ratio to give strength to the economy amid the COVID-19 lo
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PM Modi welcomes RBI's decisions to safeguard economy from coronavirus imp
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Prime Minister Narendra Modi on Friday lauded the decisions taken by the Reserve Bank of India to combat the economic slowdown triggered by the coronavirus lockdown and said that it will improve liquidity, reduce the cost of funds and help the middle class an
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Repo rate reduced by 75 points to 4.4 per cent: RBI Governor Das
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India Governor Shaktikanta Das announced a reduction in the repo and reverse repo rate on Friday.
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Pak to seek USD 3.7 bn in loans to offset virus impact
Updated : 6 years, 3 months ago IST
Islamabad [Pakistan], Mar 26 (ANI): Pakistan has decided to seek USD 3.7 billion additional financing from three multilateral creditors including another loan of USD 1.4 billion from the International Monetary Fund (IMF) to cope with the challenges faced due to the coronavirus outbreak.
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G-20 countries to inject $ 5 trillion into global economy to counteract im
Updated : 6 years, 3 months ago IST
Riyadh [Saudi Arabia], Mar 26 (ANI): The G-20 countries on Thursday pledged to inject over USD 5 trillion into the global economy in a bid to counteract the social, economic, and financial impact of COVID 19 that has impacted people in at least 170 countries and caused over 21,400 deaths.
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