Page 22 - Arup Roychoudhury

G20 finance ministers to release global action plan to fight Covid-19

The action plan is likely to be released on the sidelines of a virtual Spring Meeting of International Monetary Fund

National Infra Pipeline final report doesn't account for Covid-19 slowdown

Copy-pastes optimistic statements from interim report but removes GDP projections

Rs 65,000 cr package needed for poor, target is doable: Raghuram Rajan

Former RBI Governor responds to Rahul Gandhi's question, says GDP is Rs 200 trillion, and out of that 65,000 crore is not a huge amount

New Secy appointment shows PMO's increasing footprint in Finance Ministry

Tarun Bajaj, who takes over as Economic Affairs Secretary this week, is the latest in a string of bureaucrats who have worked closely with Narendra Modi in the past

Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman

'Congress and Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system,' she said

Govt's second stimulus likely this week, may keep industry waiting

Small businesses, farmers, women, poor, migrant workers to benefit from latest measures for political messaging.

RBI unlikely to monetise Centre's fiscal deficit in first half of FY21

This, officials said, is because the bond market has factored in the Rs 4.88-trillion gross borrowing for April-September 2020

FinMin gives Rs 46,000 cr in April devolution as states fight coronavirus

Chief Ministers and state finance ministers have written to the centre seeking funds to deal with the pandemic.

Covid-19 crisis: PM, FM to finalise details of second stimulus package soon

The stimulus package is expected anytime this week and will again be aimed at the urban and rural poor; disadvantaged sections of society; MSME sector; and some of the worst-affected sectors

CPI inflation slows to 5.91% on easing food prices, may increase in April

Prices are likely to rise again in April, according to analysts, with the actual impact of the Covid-19 and the resultant lockdown yet to be fully seen.

Coronavirus lockdown: Govt may start economic activity in 'green zones'

Delhi to sanitise city's red, orange zones from Monday

Uncertainty looms over Rs 2.1-trn divestment target amid coronavirus spread

In its April Monetary Policy report last week, the Reserve Bank of India said the global economy is expected to go into recession after taking into account the impact of the Covid-19 pandemic

Experts stand divided as govt hints at extending Covid-19 lockdown

While some states and public health experts want it extended to April 30 at least, others want parts of the economy opened up, and Centre and states come up with a detailed plan on phased lifting

Govt set to release Rs 20,000 cr pending GST compensation to states soon

second fiscal stimulus likely to be announced soon

States can borrow Rs 3.2 trillion in April-Dec after discussions with RBI

The amount that the states have been given permission to raise through open market borrowings is a little more than Rs 3.2 trillion.

Coronavirus lockdown: Govt unveils Rs 1.7-trillion package for the poor

Sitharaman also promised a one-time payment to women Jan Dhan accountholders and economically backward widows, pensioners, and differently abled

Coronavirus lockdown: Rs 60k-crore income support plan for poor in works

The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt

An insight into the deteriorating quality of budget balancing in India

Officials say off-budget borrowings will be reduced eventually, but not any time soon

Coronavirus impact: FM offers relief measures, says bigger steps to follow

In a media briefing held through a video conference, Sitharaman also said that a larger economic package will be announced soon

We have to treat the economy as if this is wartime, says Rathin Roy

The impact of the crisis, even without community transmission, is also not going to be negligible, says Roy