Finance Minister Nirmala Sitharaman’s announcements of fiscal stimulus at a press conference on Monday turned out to be a bit silly. That’s because the ads are not expected to have a material impact on consumer demand. The boost to consumer spending is expected to be on the order of Rs36,000 …
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India’s gross domestic product (GDP) contracted by 23.9% in the June quarter, the largest contraction since the quarterly GDP figures were first released in 1996. It is also the most severe contraction among all the countries. great economies. Mint explains why. How severe is the contraction of the Indian economy? …
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[ad_1] The equity market was under strong selling pressure on Thursday even after Union Finance Minister Nirmala Sitharaman announced on Wednesday a stimulus package of nearly Rs 5.94 trillion to support micro, small and medium-sized enterprises (MSMEs), non-bank financial companies (NBFC) and energy distribution companies. The S&P BSE Sensex fell …
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