Page 1908 - Coronavirus

Mutual funds make limited borrowing from Reserve Bank's credit lines

Experts say fund houses preferred to sell bonds to banks, instead of borrowing

Life after lockdown: Ramping up isn't easy with curbs, labour shortages

The first of a three-part series looks at how manufacturing units are gearing up to the new normal

Stock markets fall sharply as stimulus package fails to lift sentiment

The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government

RBI may have to monetise Rs 7 trn of stimulus, says Bank of America

Of the nearly 10% of GDP worth stimulus, 7.3 percentage points of it can be funded through many means, it said

Covid-19 has created deflationary conditions, says CEA Subramanian

He also said that a good part of the Rs 20 trillion stimulus package is designed in a manner that the fiscal deficit remains under control.

Govt to switch Rs 30,000 crore of bonds for longer tenure securities

Such switches happen to enable the government repay the loans at a later date to ease the strain on the exchequer in the immediate term.

Unable to pay rent amid lockdown? Here are steps to tide over woes

Negotiate or request your landlord to adjust rent against security deposit, if it is sizeable

FM's Day 2 package: Govt's immediate fiscal cost will be close to Rs 10K cr

The direct spending by the centre, on Thursday's announcements will include Rs 3,500 crore that the centre will spend on providing free foodgrains to 80 million migrants

Centre should charge for guarantee

Only PSUs can raise money cheaply today since it is assumed that the government won't let them default

FM extends Rs 3.2-trillion stimulus to migrant workers and farmers

Migrant workers, farmers, street vendors, middle income groups to benefit ; Experts say implementation will be key, call for package to boost demand now

Stimulus 2.0 won't change outlook for business

The second package focuses mostly on support to businesses, especially MSMEs

Work from home to be new normal for govt offices after lifting of lockdown

Draft guidelines in this regard have been circulated by the Personnel Ministry to all central government departments asking them to send their comments on it by May 21

A community behind the curve

With resources more scarce than ever, it is vital the government implemented the Sachar Committee's recommendations in earnest

14 home-bound migrant workers killed in two road accidents in MP

In one of the incidents, eight Uttar Pradesh-bound migrant workers were killed and nearly 55 injured when the truck they were travelling in collided with a bus

Liquidity focus continues

Govt provides immediate relief, but demand boosters missing

Centre looks to nudge more MSMEs into manufacturing to reduce imports

Sources across ministries confirmed that Narendra Modi's call to "go vocal for local" will be achieved through a host of measures, running into the dozens, and will focus on long-term goals.

Urge all states to take special loan, pass benefit to consumers: R K Singh

Minister of state for power says soft loans at 8-10% interest rate being given to discoms to help them pay dues

Why the Rs 20 trillion will support our sovereign rating

The need of the hour is proper design and implementation

Bonds rally as traders estimate govt's stimulus likely to see limited spend

The yield on the most-traded 6.45 per cent 2029 note dropped 10 basis points to 6 per cent, extending Wednesday's 7-basis point fall.

Trump threatens new taxes on companies that make goods outside US

Trump said in a Fox Business Network interview that taxation was an "incentive" for companies to return manufacturing to the United States