NEW DELHI: India plans to announce a new round of stimulus totaling about $ 20 billion this week to help lift the economy out of its historic contraction, government officials said Wednesday. The package would follow Wednesday’s previous announcement of production-linked incentives worth around $ 27 billion over five years …
Read More »
[ad_1] Finance Minister Nirmala Sitharaman launched the second tranche on Thursday ₹20 lakh crore economic stimulus package. Today’s packages aim to help thousands of migrant workers who were most affected by COVID-19. Amid the coronavirus outbreak, migrant workers and the urban poor face challenges in obtaining affordable rent. The central …
Read More »
[ad_1] NEW DELHI: Union Finance Minister Nirmala Sitharaman It will announce the second tranche of measures in the government’s Rs 20 lakh crore economic package at a press conference at 4 pm Thursday. Information on the press conference was given through a tweet by the finance ministry earlier that day. …
Read More »
[ad_1] Stock market today LIVE updates: Sensex falls more than 600 points, Nifty at 9,218; rupee falls to 75.58 rupees in opening trade Asian stocks plummeted on Thursday after the head of the Federal Reserve warned of a US recession “significantly worse” than any recession since World War II due …
Read More »
[ad_1] Mumbai: From the Rs 20-lakh-crore package that PM Modi announced to defend the economy against coronavirus disruptions, the new support may be only around 60 percent of supply, as it features the first financial stimulus and support from liquidity that the Reserve Bank has already given, and will overload …
Read More »
[ad_1] NEW DELHI: The government is working on a comprehensive project financial package not only for micro, small and medium-sized enterprises (MSMEs) but for all sectors of the economy, a senior official said Thursday. “The Government of India, the Prime Minister’s Office and the Department of Economic Affairs are already …
Read More »