Government Stimulus
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China Names Lan Foan As New Finance Minister Amid Economic Crisis: Report
China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid to revive the economy.
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Jack Dorsey: 5 Points On Tech Entrepreneur Targeted By Hindenburg
Jack Dorsey: The latest report alleges that it found that Block's Cash App was likely facilitating fraudsters taking advantage of government stimulus programmes during the COVID-19 pandemic.
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China Unveils Detailed Stimulus Policies To Support Virus-Hit Economy
China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.
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China Unveils Detailed Stimulus Policies To Support Virus-Hit Economy
China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.
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Finance Minister Delivered Nothing But Headlines: Congress On Stimulus Package
The Congress on Monday claimed the measures announced by Finance Minister Nirmala Sitharaman deliver nothing but headlines and said the government should take steps to spur demand to revive the economy "which continues to be in the doldrums".
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Economist Abhijit Banerjee Says Government Can Spend More On Pandemic Aid
India could be spending more to help its population of almost 1.4 billion weather the economic devastation from the country's explosive second wave of Covid-19 infections, according to Nobel Laureate Abhijit Banerjee.
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Court Asks Centre, Tamil Nadu To Consider Plea On Economic Stimulus Package
The Madras High Court on Tuesday directed the Centre and Tamil Nadu government to consider a plea to provide economic stimulus packages for employees of private and unorganised sectors who have lost their jobs due to the COVID-19 lockdown.
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Government Working On Another Stimulus Package, Top Official Hints
Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government is working on another stimulus package but he refrained from giving a timeframe.
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'Centre's Stimulus Attempt To Dazzle People With Numbers': P Chidambaram
Senior Congress leader P Chidambaram said on Tuesday that the government's latest financial package will not stimulate demand and termed it another "sly attempt" to dazzle people with exaggerated numbers.
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"Mere Announcements": Congress On Finance Minister's Stimulus Package
The Congress on Monday said the government's measures of providing LTC benefits and a festival advance to its employees are mere announcements and a fraud with people to make headlines that would not help boost demand in the economy.
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Economic Trends Dispel Myth Of No Consensus In Decisions: Government Sources
Recent trends in economic recovery show that the centre has been taking all possible measures to mitigate the impact of the coronavirus crisis, Finance Ministry sources have said. Media reports had claimed the government lacks consensus at the highest levels while pushing fiscal stimulus and packages.
-
"Need To Be Frightened Out Of Complacency": Raghuram Rajan On GDP Numbers
The government and its bureaucrats need to be frightened out of their complacency and a stimulus is critical to prevent an "atrophied" economy, former RBI chief Raghuram Rajan has said in a post reacting to what he calls India's alarming -23.9 per cent quarterly GDP. Without relief measures, the growth potential of the economy would be "seriously d...
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"Our COVID Package As Large As Pak's GDP": India On Imran Khan's Help Offer
In a sharp retort to Pakistan Prime Minister Imran Khan's offer to share experience of his government's cash transfer scheme, India on Thursday reminded him that the size of its economic stimulus package to deal with the coronavirus pandemic is as large as Pakistan's GDP.
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"Holding A Knife To Our Neck": KCR Disses Centre's Coronavirus Package
Telangana Chief Minister K Chandrashekar Rao was scathing in his critique of the centre's economic stimulus plan in response to the COVID-19 crisis on Monday, accusing it of "blackmailing" state governments and "holding a knife to our neck".
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Government Fiscal Stimulus Package Lacks 'Wow' Factor: Rajiv Bajaj
Bajaj Auto's MD and CEO said the Rs. 20 lakh crore economic package has largely left people unimpressed.
-
China Names Lan Foan As New Finance Minister Amid Economic Crisis: Report
China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid to revive the economy.
-
Jack Dorsey: 5 Points On Tech Entrepreneur Targeted By Hindenburg
Jack Dorsey: The latest report alleges that it found that Block's Cash App was likely facilitating fraudsters taking advantage of government stimulus programmes during the COVID-19 pandemic.
-
China Unveils Detailed Stimulus Policies To Support Virus-Hit Economy
China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.
-
China Unveils Detailed Stimulus Policies To Support Virus-Hit Economy
China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.
-
Finance Minister Delivered Nothing But Headlines: Congress On Stimulus Package
The Congress on Monday claimed the measures announced by Finance Minister Nirmala Sitharaman deliver nothing but headlines and said the government should take steps to spur demand to revive the economy "which continues to be in the doldrums".
-
Economist Abhijit Banerjee Says Government Can Spend More On Pandemic Aid
India could be spending more to help its population of almost 1.4 billion weather the economic devastation from the country's explosive second wave of Covid-19 infections, according to Nobel Laureate Abhijit Banerjee.
-
Court Asks Centre, Tamil Nadu To Consider Plea On Economic Stimulus Package
The Madras High Court on Tuesday directed the Centre and Tamil Nadu government to consider a plea to provide economic stimulus packages for employees of private and unorganised sectors who have lost their jobs due to the COVID-19 lockdown.
-
Government Working On Another Stimulus Package, Top Official Hints
Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government is working on another stimulus package but he refrained from giving a timeframe.
-
'Centre's Stimulus Attempt To Dazzle People With Numbers': P Chidambaram
Senior Congress leader P Chidambaram said on Tuesday that the government's latest financial package will not stimulate demand and termed it another "sly attempt" to dazzle people with exaggerated numbers.
-
"Mere Announcements": Congress On Finance Minister's Stimulus Package
The Congress on Monday said the government's measures of providing LTC benefits and a festival advance to its employees are mere announcements and a fraud with people to make headlines that would not help boost demand in the economy.
-
Economic Trends Dispel Myth Of No Consensus In Decisions: Government Sources
Recent trends in economic recovery show that the centre has been taking all possible measures to mitigate the impact of the coronavirus crisis, Finance Ministry sources have said. Media reports had claimed the government lacks consensus at the highest levels while pushing fiscal stimulus and packages.
-
"Need To Be Frightened Out Of Complacency": Raghuram Rajan On GDP Numbers
The government and its bureaucrats need to be frightened out of their complacency and a stimulus is critical to prevent an "atrophied" economy, former RBI chief Raghuram Rajan has said in a post reacting to what he calls India's alarming -23.9 per cent quarterly GDP. Without relief measures, the growth potential of the economy would be "seriously d...
-
"Our COVID Package As Large As Pak's GDP": India On Imran Khan's Help Offer
In a sharp retort to Pakistan Prime Minister Imran Khan's offer to share experience of his government's cash transfer scheme, India on Thursday reminded him that the size of its economic stimulus package to deal with the coronavirus pandemic is as large as Pakistan's GDP.
-
"Holding A Knife To Our Neck": KCR Disses Centre's Coronavirus Package
Telangana Chief Minister K Chandrashekar Rao was scathing in his critique of the centre's economic stimulus plan in response to the COVID-19 crisis on Monday, accusing it of "blackmailing" state governments and "holding a knife to our neck".
-
Government Fiscal Stimulus Package Lacks 'Wow' Factor: Rajiv Bajaj
Bajaj Auto's MD and CEO said the Rs. 20 lakh crore economic package has largely left people unimpressed.
