Search For "fiscal stimulus"
Moody's revises India's 2020 GDP growth forecast to 10.6 per cent contract
Updated : 5 years, 3 months ago IST
New Delhi [India], November 19 (ANI): Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier
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Cong slams Sitharaman over economic stimulus announcements, says Atmanirbh
Updated : 5 years, 5 months ago IST
New Delhi [India], October 13 (ANI): Alleging that hastily designed economic package and the much-hyped Rs 20 lakh crore Atmanirbhar Bharat plan announced by the Prime Minister in May were a dismal failure in protecting and reviving India's ravaged economy, Congress launched a scathing at
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Equity indices in narrow range, IT stocks gain
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 21 (ANI): Equity benchmark indices traded flat during early hours on Monday following Asian peers as investors awaited developments on the US fiscal stimulus and coronavirus vaccines.
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India needs coordinated policy response, more stimulus to battle COVID-19
Updated : 5 years, 6 months ago IST
Washington DC [USA], September 11 (ANI): The impact of COVID-19 pandemic is significant on India's development and the immediate priority is a coordinated policy response, the International Monetary Fund (IMF) has said.
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Announce a comprehensive stimulus package of atleast Rs 10 lakh cr, Chidam
Updated : 5 years, 10 months ago IST
New Delhi [India], May 18 (ANI): Senior Congress leader P Chidambaram on Monday expressed disappointment over the COVID-19 economic package and requested the Centre to announce a revised and comprehensive fiscal stimulus package of not less than Rs 10 lakh crore.
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Increased government borrowing unlikely to translate into meaningful fisca
Updated : 5 years, 10 months ago IST
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
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Self-reliant India Mission is nothing but repackaged version of Make in In
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Congress leader Shashi Tharoor on Wednesday took a jibe at the Rs 20 lakh Crore economic package and "Self-reliant India Mission" announced by Prime Minister Narendra Modi, as being nothing new but a repackaged version of "Make in India" initiative.
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PM Modi announces USD 265 billion fiscal stimulus, second largest in Asia
Updated : 5 years, 10 months ago IST
New Delhi [India], May 12 (ANI): Prime Minister Narendra Modi on Tuesday announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.
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Congress members talk of price rise, suggest coronavirus threat be declare
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 20 (ANI): Opposition members in Lok Sabha on Friday demanded fiscal stimulus and a package for vulnerable sections to deal with the economic impact of coronavirus spread as Parliamentary Affairs Minister Pralhad Joshi said that crisis should be fought together and "pan
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Policy action needed for a healthy global economy: IMF
Updated : 5 years, 12 months ago IST
Washington DC [USA], Mar 17 (ANI): While quarantining and social distancing is the right prescription to combat COVID-19's public health impact, the exact opposite is needed when it comes to securing the global economy, the International Monetary Fund (IMF) has said.
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Fiscal space limited for many sovereigns, including India: Fitch Ratings
Updated : 6 years ago IST
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
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Union Budget must focus on economic growth by boosting real estate: NAREDC
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): Fiscal stimulus to the real estate sector will have a manifold affect on 269 allied industries with multi-dimensional impact on enhancing the GDP growth inclusive of employment creation, the National Real Estate Development Council (NAREDCO) said on Wednesd
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