Page 13 - Stimulus Package

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.

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.

Letter to BS: Modi needs a trouble shooter to push forward reforms

Prime Minister Narendra Modi's reforms today would be better served by the gift of insight and pervasive intermediation of the likes of an Arun Jaitley

Stimulus good for sustenance, but supply chains need more for resilience

PDS and agriculture markets need reforms to develop superior food quality systems, writes Ajay Kakra.

Top 10 business headlines: Package for MSMEs, liquidity boost and more

Here are the top 10 business headlines of the day

Best of BS Opinion: The lockdown hammer, restarting the economy, and more

Here's a selection of Business Standard opinion pieces of the day

FM Nirmala Sitharaman's TDS, TCS move will not ease tax burden: Experts

The move will help release liquidity worth Rs 50,000 crore, according to government estimates. Experts, however, feel that its impact will be limited as tax incidence remained the same.

Indices jump reined in by global risk aversion amid Covid-19 fears

The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384

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

PFC, REC to extend one-time loans with riders

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.

Restarting the economy

The first tranche of the stimulus package focuses on liquidity

Letter to BS: Rs 2-trn package should be taken as first of many such steps

The government will have to exhibit strong political will in carrying out bold labour reforms coupled with supportive tax regime in order to lure companies to set up a manufacturing base in India

Sitharaman gives liquidity boost of Rs 75,000 cr to shadow banks, MFIs

Sitharaman announced a special liquidity scheme of Rs 30,000 crore for NBFCs, housing finance companies (HFCs) and MFIs, which are finding it difficult to raise money from the debt markets.

India's window of opportunity for attracting companies is closing

The window of opportunity for attracting companies looking to divert investments from the Asian manufacturing giant is closing

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.

India Inc cheers stimulus package, says will provide relief to businesses

Industry bodies said the measures will infuse liquidity in the market and inject a fresh lease of life in distressed micro, small and medium enterprises

Details show direct fiscal costs of stimulus measures won't be large

Work from home being a new normal could help in the growth in smaller service sector MSMEs, writes Ranen Banerjee.

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.