Page 15 - Stimulus Package

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

The wrong diagnosis

Calls for fiscal stimulus and monetary overreach will not help deal with the pandemic's economic consequences

Bouncing back after Covid-19

The National Infrastructure Pipeline is clearly the mega-stimulus for the post-corona revival effort

Rs 5-trillion package needed to fight coronavirus pandemic, says Congress

The Congress said the government should immediately appoint a task force consisting of world renowned economists to suggest plans.

This is a once-in-a-decade opportunity to invest in equities: S Naren

The market is not factoring in a lockdown beyond 21 days as of now, says S Naren

Covid-19: Rs 1.7-trn relief package welcome, but more support needed

A few more rounds of assistance would be necessary in the coming weeks as the impact of the lockdown and the disease on the economy becomes more evident

Need for more

Relief for the poor is welcome, but only a beginning

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

Markets surge 7% as hopes of financial stimulus package keeps mood buoyant

The Sensex jumped 1,862 points to end at 28,536, while the Nifty50 index rallied 517 points, or 6.6 per cent, to settle at 8,318 - the biggest single-day gains for the benchmark indices since May 2009

Govt likely to unveil Rs 1.5 trn stimulus for coronavirus downturn: Report

The stimulus plan could be as large as Rs 2.3 trillion, but final numbers were still in discussion, says the report

Japan preparing $120 billion stimulus package to bolster fragile economy

The spending would be earmarked in a supplementary budget for this fiscal year to next March and an annual budget for the coming fiscal year from April

Q2FY20 investment growth at 19-quarter low despite govt's stimulus measures

It was govt spending that held up growth in the quarter, while growth in private final consumption expenditure, a proxy of demand, also improved

Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects

Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore

Govt considering another 'booster dose' to revive economy: Report

Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely

Stimulus package not enough to stop auto sector decline: Fitch Solutions

Fitch said the strongest stimulus measure by the govt is its move to increase liquidity in the shadow banking sector, which is the largest contributor to the current contraction in vehicle sales

Rally in bond markets lasted just hours after analysts decoded RBI bonanza

Yields on the benchmark 10-year note ended five basis points higher at 6.53% on Tuesday

Top 10 biz headlines: Realty, exports boost this week, DDT may go & more

From govt readying a package to help boost exports and real estate to the Direct Taxes Code panel recommending abolishing of dividend distribution tax, here are the top business headlines on Wednesday

Stimulus package helps rupee post biggest single-day gain in 5 months

The Reserve Bank's decision to transfer a record Rs 1.76 trillion dividend and surplus reserves to the government revived the rupee, forex traders said

Modi govt has finally embraced the reality of Indian economy's troubles

One reason the government seems to have embraced reality is that the revenue numbers in the federal budget are now known to have been massively overstated

Letter to BS: Govt deserves compliments for stimulus to arrest slowdown

The govt responded quickly to withdraw the enhanced surcharge levied on income of FPIs on short- and long-term gains on equity