[ad_1] By Anirban Nag India’s central bank governor Shaktikanta Das underscored the need for fiscal measures to support the economy, saying a slippage in the budget gap target was inevitable amid the coronavirus crisis. The government is working on an economic package to address the impact of the virus, Das …
Read More »Refrain from paying dividends for fiscal year 2016: Irdai urges insurers
[ad_1] HYDERABAD: With companies facing disruption in the wake of the Covid-19 crash, the Insurance Development and Regulation Authority of India (Irdai) has advised insurers to manage financial resources wisely to ensure they have adequate capital and take a “conscious call” in dividend payment for fiscal year 2019-20. “In view …
Read More »Coronavirus infection curve flattens, all eyes now on the fiscal stimulus package
[ad_1] The statement came even as the country registered up to 1,593 cases and 68 deaths on Friday, bringing the total count to 24,344 and the number of victims to 776. The government said the disease has been controlled and that the positive impact of the restrictions will be visible …
Read More »The economy is heading towards contraction, less fiscal space for large stimuli
[ad_1] Written by P. Vaidyanathan Iyer The | New Delhi | Updated: April 22, 2020 11:28:56 am Construction work begins in Mohali As the Center and the states struggle and struggle with strategies for a staggered closing output, the country appears, for the first time in 40 years, headed for …
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