Page 207 - Nirmala Sitharaman

FM announces Rs 90,000 cr liquidity infusion in power distribution sector

PFC, REC to extend one-time loans with riders

Banks, NBFCs may see some rally after Rs 6 trn relief package by FM

Investors may pause to see the entire scheme of funding, and impact on bonds

Fiscal stimulus 2.0: No global firms in govt tenders below Rs 200 crore

For this purpose, the general financial rules (GFR) will be amended to disallow global tender enquiries.

Covid-19 package: MSME definition changed, loans worth Rs 3-trn announced

Govt announces 10,000 crore fund of funds for MSMEs to grow, cancels global tenders below Rs 200 crore

Restarting the economy

The first tranche of the stimulus package focuses on liquidity

Punjab set to allow home delivery of liquor, likely to impose Covid-19 cess

Excise from sale of liquor is one of the principal sources of revenue for the state government

Banks to breathe easy as govt's Rs 3.7 trn package brings relief for MSMEs

Wednesday's package also addressed some concerns in power and real estate

Sovereign Indian bonds reverse losses on talk of help from RBI

Yields on 10-year bonds slid as much as eight basis points to to 6.08 per cent after surging by as much as 12 basis points earlier.

Covid-19 package has nothing for poor, hungry migrant workers: Chidambaram

"Except for the modest MSME package, we are disappointed with today's announcements," he said.

Mamata calls Modi's mega Rs 20 trillion package a 'big zero and eyewash'

West Bengal CM says extension of the deadline to file tax return is not a benefit as people are under lockdown and in any case they cannot meet the earlier deadline

15 different measures FM Nirmala Sitharaman announced today

Among 15 measures announced - 6 are for MSMEs, 2 related to EPF and 2 related to MFIs, 1 to discoms, 1 to contractors, 1 to real estate, and 2 tax measures

TDS rate cut by 25%; period for tax returns extended in Rs 20-trn stimulus

Sitharaman further said the income tax department will fast track processing of pending refunds to charitable trusts, LLPs, non-corporate businesses and proprietorship firms, among others

Tax break to provident fund: What stimulus has for you and economy

Government support in the form of 12% employer and 12% employee contribution extended for another three months - June, July and August

Top headlines: TDS rate cut by 25%, ITR filing extended till Nov 30

Business Standard bring to you a snapshot of events which made the news today

FM has leveraged banks and PSUs to deliver the goods

The credit angle is interesting for them as the Rs 3 trillion to be disbursed by banks would go as collateral free debt for four years with a 12-month moratorium

Market Wrap, May 13: Here's All That Happened In The Markets Today

Sectorally, banking stocks rallied the most. The Nifty PSU Bank index jumped over 6 per cent to 1,238.05 while Nifty Bank climbed over 4 per cent to 19,635

Fresh support of only Rs 12-13 trn in economic stimulus: DBS Bank economist

PM Modi outlined a Rs 20-trillion which is 9.7 per cent of GDP support package, of which new allocations could only be 50-60 per cent of the offer

This shall not be just a financial package, but a reform stimulus: FM

Sitharaman's press conference at 4 PM today comes a day after Prime Minister Narendra Modi announced Rs 20 trillion economic package to deal with Covid-19 situation in the country

PM gave headline and blank page, hope Sithraraman will fill it: Chidambaram

Chidambaram said he would count every additional rupee the government infuses into the economy

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines