Last week the Fed, in its final meeting of 2020, promised to keep funneling cash into financial markets further into the future to fight the recession
Dow Jones Industrial Average was up 10.51 points, or 0.03 per cent
The Dow Jones Industrial Average rose 61.46 points, or 0.20 per cent
Since the Budget season is coming soon, the central and state governments must consider the new costs of virtual courts
Extraordinary times call for extraordinary measures! This can mean a large deficit or the use of re-allocative and redistributive fiscal policies on a larger scale. Or, we can have a mix
Govt will need to work on a consolidation plan
Critics may say it's postponing the inevitable, but considering the pros and cons, this is par for the course and the best part of Atmanirbhar Bharat 3.0 package
Germany plans to borrow more than 300 billion euros in total this year and next
The government is hoping that the green shoots visible in high-frequency data will further translate into a GDP uplift. And the latest measures - pragmatic and specific - will aid that
From govt announcing fresh stimulus aimed at creating jobs to TCS acquiring Pramerica Tech Services, Business Standard brings you the top headlines of the day
All that happened in the markets today
Sector-based approach of the 12 announcements made by the Finance Minister would provide succour
FM Nirmala Sitharaman is addressing the media. The govt has stimulus packages, as a part of Atmanirbhar Bharat 3.0, just a few days ahead of Diwali
From government announcing new plan to boost domestic manufacturing to SpiceJet reporting loss in its September quarter, here atop headlines this morning
Sources say after several rounds of discussion within ministries, the Centre has ruled out direct cash support
AJAY BHUSHAN PANDEY talks about the Budget, revenue collection, and the goods and services tax (GST) compensation mechanism
Stimulus measures announced by the government before the festive season will support growth momentum as it will provide a push to consumer demand and traction to the unorganized sector, says a report. According to Dun & Bradstreet's latest Economy Forecast report, capital expenditure as a part of the stimulus measure will help in uplifting growth. "The signs of recovery are nonetheless fragile as industrial production, bank credit and capital expenditure remain low. The stimulus measures announced by the government before the festive season was thus pertinent," said Arun Singh, Global Chief Economist, Dun & Bradstreet. The stimulus measures will provide a push to the consumer demand, but importantly it will provide traction to the unorganized sector that would engage in providing services or goods to cater to the festive demand, Singh added. "The capital expenditure as a part of the stimulus measure will help in uplifting growth. In addition, the RBI's decision to invest in ...
"We want it the sooner the better," she said in an interview on CNN's "State of the Union" program
According to him, recovery in August and September was quite smart, and it has been witnessed across many high frequency indicators
Snap Inc surged 26.6% after the Snapchat messaging app owner beat user growth and revenue forecasts, as more people signed up to chat with friends and family during the Covid-19 pandemic