Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
Mumbai (Maharashtra) [India], May 18 (ANI): Equity benchmark indices extended early losses and closed 3.4 per cent lower on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic.
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.
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.
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
New Delhi [India], May 17 (ANI): To deal with the economic fallout of COVID-19, the Centre increased borrowing limit for states from three to five per cent for 2020-21 only, Union Finance Minister Nirmala Sitharaman announced on Sunday.
New Delhi [India], May 17 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday announced that public expenditure on health will be increased and a dedicated hospital block for treatment of infectious diseases will be set up in each district across the nation.
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).
New Delhi [India], May 17 (ANI): The last tranche of economic package announcement by Union Finance Minister Nirmala Sitharaman will be held on Sunday.
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.
New Delhi [India], May 16 (ANI): Union Home Minister Amit Shah on Saturday hailed the announcements made by Finance Minister Nirmala Sitharaman in the fourth tranche of the Rs 20 lakh crore stimulus package and said that a "strong, secure and empowered India" is Prime Minister Narendra Mo
New Delhi (India), May 16 (ANI): The decision to hike FDI limit in the defence sector to 74 per cent will be a gamechanger as it will bring out the true potential of the country's defence production capabilities, said Defence Minister Rajnath Singh on Saturday.