Search For "fiscal"
Congress members talk of price rise, suggest coronavirus threat be declare
Updated : 5 years, 12 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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Need for policy intervention to minimise impact of COVID-19 on economy: FI
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 20 (ANI): There is an urgent need to take immediate steps to contain the spread of coronavirus and address key pain areas of the industry which can help in minimising its impact on Indian economy and businesses, the Federation of Indian Chambers of Commerce and Industr
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Lok Sabha approves demands for grants for Jammu and Kashmir
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 19 (ANI): The Lok Sabha on Wednesday approved demands for grants for Jammu and Kashmir for the next fiscal and the supplementary demands for grants for the erstwhile state of Jammu and Kashmir from April 1, 2019 to October 30, 2019.
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Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 5 years, 12 months ago IST
Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
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COVID-19 may adversely affect output and prices: SBI Ecowrap
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 17 (ANI): The nearly 30 per cent fall in global crude oil prices can lower petrol prices by Rs 12 per litre and diesel prices by Rs 10 per litre in India from their present prices, said State Bank of India (SBI) research team's publication Ecowrap published
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Policy action needed for a healthy global economy: IMF
Updated : 6 years 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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ICAI to review financial statements of Yes Bank for FY18, FY19
Updated : 6 years ago IST
New Delhi [India], Mar 12 (ANI): The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has decided to take up a review of general-purpose financial statements of Yes Bank for the last two fiscals.
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Coronavirus to hurt economic growth in many countries well into Q2: Moody'
Updated : 6 years ago IST
New York [USA], Mar 9 (ANI): Moody's Investors Service has revised its global macro outlook and its baseline growth forecasts for all G20 economies as the coronavirus outbreak has spread rapidly outside China to a number of major economies.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Punjab Cabinet amends FRBM Act for Rs 928 crore additional borrowing
Updated : 6 years ago IST
Chandigarh (Punjab) [India], Mar 2 (ANI): The Punjab Cabinet on Monday decided to amend the Punjab Fiscal Responsibility and Budget Management (FRBM) Act, 2003, to allow the state to make additional borrowing of Rs. 928 crore in 2019-20, over and above its net borrowing ceiling of 3 per cent
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Global economy faces gravest threat since 2008 crisis as coronavirus sprea
Updated : 6 years ago IST
Paris [France], Mar 2 (ANI): The coronavirus Covid-19 presents the global economy with its greatest danger since the 2008 financial crisis, according to the OECD's latest interim economic outlook released on Monday.
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