[ad_1] Coronavirus outbreak LAST updates: Finance Minister Nirmala Sitharaman will address a press conference at 4pm on Friday. Details of the third tranche of the Rs 20 lakh crore Center economic rescue package will be announced. The second tranche, announced Thursday, focused on migrant workers, street vendors, small merchants, freelancers, …
Read More »Almost 82,000 people infected with COVID-19 when India enters 52 days of confinement; 34% recovery rate
[ad_1] Coronavirus outbreak LAST updates: Finance Minister Nirmala Sitharaman will address a press conference at 4pm on Friday. Details of the third tranche of the Rs 20 lakh crore Center economic rescue package will be announced. The second tranche, announced Thursday, focused on migrant workers, street vendors, small merchants, freelancers, …
Read More »Maharashtra sees highest single-day jump with 1,602 new COVID-19 cases; total rises to 27,524
[ad_1] Coronavirus Outbreak LATEST Updates: Maharashtra on Thursday reported 1,602 fresh COVID-19 cases, the highest single-day spike so far, taking the state’s overall count to 27,524, according to state health department data. With 44 deaths registered today, the death toll in Maharashtra due to the contagious coronavirus disease has now …
Read More »Sitharaman announces ‘a nation, a ration card’ for migrants, loans for street vendors and farmers in the second tranche; key conclusions
[ad_1] Union Finance Minister Nirmala Sitharaman listed details of the second tranche of the Center’s special Rs 20-lakh-crore economic package on Thursday, which included nine measures for migrant workers, street vendors and small farmers, among others. At a press conference, Sitharaman announced an increase of Rs 70,000 crore for the …
Read More »Andhra reports 68 new cases, a total of 2,205; state hospitals to obtain 550 new documents
[ad_1] Coronavirus outbreak Latest updates: Up to 68 fresh cases of COVID-19 were confirmed in Andhra Pradesh, where the total number of infections increased to 2,205. The state government is in the process of recruiting 550 doctors to work in COVID-19 designated hospitals across the state, according to a state …
Read More »FM will announce the second tranche of the economic package at 4 pm
[ad_1] Nirmala Sitharaman in the economic package Latest updates: Finance Minister Nirmala Sitharaman will give details on the second set of announcements of the 20-lakh rupee rupee package that the prime minister announced on Tuesday. You will be heading to a bilingual press conference with MoS Finance Anurag Thakur at …
Read More »Six reasons why the tax package has more to do with putting people’s money in their hands than with starting a paralyzed economy
[ad_1] The central government has announced an economic package that supposedly represents about 10 percent of India’s gross domestic product (GDP). GDP is a measure of the economic size of a country. India’s GDP is around Rs 200 lakh crore. This is how 10 percent of that results in Rs …
Read More »Eight laborers dead, over 50 injured in bus-truck collision in Madhya Pradesh’s Guna
[ad_1] Coronavirus Outbreak LATEST Updates: Eight laborers were killed and around 50 were injured after the truck they were traveling in collided with a bus in Madhya Pradesh’s Guna on Wednesday night, ANI reported. The injured laborers have been shifted to a district hospital. They were going to their home …
Read More »Narendra Modi’s Rare 20 lakh crore stimulus combines cunning geoeconomics with Swadeshi-coated reinforcement, but may not be a panacea for job growth
[ad_1] “Look at London, talk to Tokyo” is an expression that is sometimes used to describe a wink or a squint. But this could literally be a fitting metaphor for Prime Minister Narendra Modi’s Rs 20-lakh-crore stimulus announced to revive India’s economy affected by the COVID-19 pandemic. Behind Modi’s obvious …
Read More »Nirmala Sitharaman says statutory PF contribution slashed to 10%; Center announces liquidity scheme for NBFCs
[ad_1] Coronavirus Outbreak Latest Updates: Finance Minister Nirmala Sitharaman announced that the statutory PF contribution is being reduced from 12 percent to 10 percent. Government to infuse Rs 50,000 crores liquidity by reducing rates of TDS, for non-salaried specified payments made to residents, and rates of Tax Collection at Source …
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