Stimulus News

On Saturday, the much awaited $1.9 trillion US economic aid was passed by the Senate, providing aid to the central and state government and extending additional unemployment benefits. And the house controlled by the Democrat is likely to pass the bill ...

The finance ministry in a statement on Thursday said that it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit Guarantee Trustee Company Limited (NCGTC) ...

To help revive the Covid 19 battered Indian economy, in continuation of its previous stimulus package, FM Nirmala Sitharaman today announced Atmanirbhar Bharat 3.0 comprising a total of 12 measures. And the total relief to fight coronavirus including the latest package ...

To propel demand and in turn consumption in the technically hit Indian economy which has entered recession in Q2FY21, FM Nirmala Sitharaman will likely announce a stimulus package today. But before she puts out the state of the current Indian economy ...

As the stimulus doled out by the Indian government is deemed to be too low, Indian markets will lag its peers and foreign investors have begin to price in the fact. Since March lows which dragged markets to 4-year low, Indian ...

Rupee in Friday's trade opened on a strong note with gains of 46 paise at 74.69 versus its previous close of 75.15 per US dollar. On March 26, 2020, buoyed by strong sentiment in domestic equities market and the government's ...

Though fiscal deficit target for the FY20 has already been breached and government as per its recent communication is in a expenditure cutting spree with a cut of Rs. 2 trillion across sectors, the need of the hour is to revive ...