Stimulus
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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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Joe Biden Signs $1.9 Trillion US Stimulus Package Into Law
US President Joe Biden signed a massive $1.9 trillion economic stimulus bill Thursday ahead of giving a national address where he was set to urge "hope" on the first anniversary of the start of the coronavirus pandemic.
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Joe Biden Calls For $2,000 "Stimulus Checks" For Americans, Says "$600 Not Enough"
US President-elect Joe Biden has called for a USD 2,000 "stimulus checks" to his fellow Americans, arguing that the current USD 6,00 coronavirus relief payment is not enough to choose between paying rent or putting food on the table.
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"3 Martini Lunch" Deduction, $600 Per Adult: What's In US' Covid Package
US congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes likely on Monday.
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White House Proposes New $916 Billion Pandemic Stimulus Plan: US Treasury Chief
US Treasury Secretary Steven Mnuchin on Tuesday unveiled a new $916 billion pandemic aid proposal, aiming to break a months-long deadlock in Congress over additional aid to the coronavirus-ravaged US economy.
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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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Beware, India's Economy Is On Autopilot
Credit is not the answer at the moment. Cash in the hands of the needy is the need of the hour.
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White House To Propose $1.8 Trillion Coronavirus Stimulus, Trump Says Go Bigger
With the presidential election fast approaching, the White House is preparing a $1.8 trillion economic rescue plan to try to coax congressional Democrats into an agreement, according to media reports Friday.
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No, India Doesn't Need A Bigger Stimulus
When Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth Rs. 20 trillion - $265 billion, equivalent to about 10% of the country's GDP. This seemed to fit in with the amounts being spent by some rich OECD economies to deal with the fallout from the Covid-19 pandemic. Equity markets exulted.
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PM Modi Meets Amit Shah, Nirmala Sitharaman Over 2nd Economic Stimulus Package: Report
Prime Minister Narendra Modi today held a series of meetings with key ministers, including Home Minister Amit Shah and Finance Minister Nirmala Sitharaman, and officials of economic ministries to firm up the second stimulus package for sectors impacted by lockdown to curb spread of coronavirus, sources said.
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India To Cap Stimulus Package At $60 Billion To Protect Credit Rating: Report
The government is likely to cap its overall spending on coronavirus-related relief at around Rs 4.5 trillion ($60 billion), due to concerns that excess spending could trigger a sovereign rating downgrade, two senior government officials said.
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Second India Stimulus Package To Be Worth About $13 Billion: Report
A second stimulus package $13 billion (1300 crores) and focus on help for small and medium businesses weathering the coronavirus outbreak, two senior officials said on Wednesday.
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PM Modi Has Limited Options In Quest To Reverse Economic Slowdown
Growth in Asia's third-largest economy has been slowing for the past five quarters, blamed by experts on a chaotic roll out of the goods and services tax and a surprise ban on currency notes to pin down tax evaders.
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Must Set Our House In Order: Amitabh Kant On Economic Slowdown
Factories were running at about 74 percent of capacity in October-December, business sentiment in manufacturing worsened in the April-June period and consumer confidence dipped in June.
-
India Considering $7.7 Billion Stimulus Spending In 2017/18: Report
The government is looking spur growth after GDP growth slipped to a three-year low of 5.7 percent in the quarter to end-June.
-
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.
-
Joe Biden Signs $1.9 Trillion US Stimulus Package Into Law
US President Joe Biden signed a massive $1.9 trillion economic stimulus bill Thursday ahead of giving a national address where he was set to urge "hope" on the first anniversary of the start of the coronavirus pandemic.
-
Joe Biden Calls For $2,000 "Stimulus Checks" For Americans, Says "$600 Not Enough"
US President-elect Joe Biden has called for a USD 2,000 "stimulus checks" to his fellow Americans, arguing that the current USD 6,00 coronavirus relief payment is not enough to choose between paying rent or putting food on the table.
-
"3 Martini Lunch" Deduction, $600 Per Adult: What's In US' Covid Package
US congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes likely on Monday.
-
White House Proposes New $916 Billion Pandemic Stimulus Plan: US Treasury Chief
US Treasury Secretary Steven Mnuchin on Tuesday unveiled a new $916 billion pandemic aid proposal, aiming to break a months-long deadlock in Congress over additional aid to the coronavirus-ravaged US economy.
-
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.
-
Beware, India's Economy Is On Autopilot
Credit is not the answer at the moment. Cash in the hands of the needy is the need of the hour.
-
White House To Propose $1.8 Trillion Coronavirus Stimulus, Trump Says Go Bigger
With the presidential election fast approaching, the White House is preparing a $1.8 trillion economic rescue plan to try to coax congressional Democrats into an agreement, according to media reports Friday.
-
No, India Doesn't Need A Bigger Stimulus
When Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth Rs. 20 trillion - $265 billion, equivalent to about 10% of the country's GDP. This seemed to fit in with the amounts being spent by some rich OECD economies to deal with the fallout from the Covid-19 pandemic. Equity markets exulted.
-
PM Modi Meets Amit Shah, Nirmala Sitharaman Over 2nd Economic Stimulus Package: Report
Prime Minister Narendra Modi today held a series of meetings with key ministers, including Home Minister Amit Shah and Finance Minister Nirmala Sitharaman, and officials of economic ministries to firm up the second stimulus package for sectors impacted by lockdown to curb spread of coronavirus, sources said.
-
India To Cap Stimulus Package At $60 Billion To Protect Credit Rating: Report
The government is likely to cap its overall spending on coronavirus-related relief at around Rs 4.5 trillion ($60 billion), due to concerns that excess spending could trigger a sovereign rating downgrade, two senior government officials said.
-
Second India Stimulus Package To Be Worth About $13 Billion: Report
A second stimulus package $13 billion (1300 crores) and focus on help for small and medium businesses weathering the coronavirus outbreak, two senior officials said on Wednesday.
-
PM Modi Has Limited Options In Quest To Reverse Economic Slowdown
Growth in Asia's third-largest economy has been slowing for the past five quarters, blamed by experts on a chaotic roll out of the goods and services tax and a surprise ban on currency notes to pin down tax evaders.
-
Must Set Our House In Order: Amitabh Kant On Economic Slowdown
Factories were running at about 74 percent of capacity in October-December, business sentiment in manufacturing worsened in the April-June period and consumer confidence dipped in June.
-
India Considering $7.7 Billion Stimulus Spending In 2017/18: Report
The government is looking spur growth after GDP growth slipped to a three-year low of 5.7 percent in the quarter to end-June.
