Search For "fiscal stimulus"

Global economy gets COVID-19 shot from US stimulus: UNCTAD
Updated : 1 month ago IST
Geneva [Switzerland], Mar 18 (ANI): The global economy is set to grow by 4.7 per cent this year, faster than predicted in September (4.3 per cent), thanks in part to a stronger recovery in the United States where progress in distributing vaccines and a fresh fiscal stimulus of 1.9 trillion d
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Centre providing fiscal stimulus of Rs 27 lakh crore as part of Aa
Updated : 1 month, 1 week ago IST
New Delhi [India], March 11 (ANI): The Minister of State for Labour and Employment Santosh Kumar Gangwar on Wednesday said that the Centre is providing fiscal stimulus of more than Rs 27 lakh crore as part of the Aatmanirbhar financial package.
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Equity indices surge 0.7 pc amid strong global cues
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Equity benchmark indices ruled strong during early hours on Friday tracking positive global cues amid hopes of additional fiscal stimulus in the United States and optimism about an economic recovery.
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Sensex jumps 495 points to close above 46K, UPL top gainer
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 9 (ANI): Bulls continued to dominate on Dalal Street as broad-based buying lifted benchmark parameters to fresh record highs on Wednesday amid progress in vaccine approvals and stimulus talks globally.
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Moody's revises India's 2020 GDP growth forecast to 10.6 per cent
Updated : 5 months ago IST
New Delhi [India], November 19 (ANI): Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier
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Cong slams Sitharaman over economic stimulus announcements, says A
Updated : 6 months, 1 week ago IST
New Delhi [India], October 13 (ANI): Alleging that hastily designed economic package and the much-hyped Rs 20 lakh crore Atmanirbhar Bharat plan announced by the Prime Minister in May were a dismal failure in protecting and reviving India's ravaged economy, Congress launched a scathing at
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Equity indices in narrow range, IT stocks gain
Updated : 7 months ago IST
Mumbai (Maharashtra) [India], September 21 (ANI): Equity benchmark indices traded flat during early hours on Monday following Asian peers as investors awaited developments on the US fiscal stimulus and coronavirus vaccines.
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India needs coordinated policy response, more stimulus to battle C
Updated : 7 months, 1 week ago IST
Washington DC [USA], September 11 (ANI): The impact of COVID-19 pandemic is significant on India's development and the immediate priority is a coordinated policy response, the International Monetary Fund (IMF) has said.
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Announce a comprehensive stimulus package of atleast Rs 10 lakh cr
Updated : 11 months, 1 week ago IST
New Delhi [India], May 18 (ANI): Senior Congress leader P Chidambaram on Monday expressed disappointment over the COVID-19 economic package and requested the Centre to announce a revised and comprehensive fiscal stimulus package of not less than Rs 10 lakh crore.
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Increased government borrowing unlikely to translate into meaningf
Updated : 11 months, 1 week ago IST
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
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Self-reliant India Mission is nothing but repackaged version of Ma
Updated : 11 months, 1 week ago IST
New Delhi [India], May 13 (ANI): Congress leader Shashi Tharoor on Wednesday took a jibe at the Rs 20 lakh Crore economic package and "Self-reliant India Mission" announced by Prime Minister Narendra Modi, as being nothing new but a repackaged version of "Make in India" initiative.
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PM Modi announces USD 265 billion fiscal stimulus, second largest
Updated : 11 months, 2 weeks ago IST
New Delhi [India], May 12 (ANI): Prime Minister Narendra Modi on Tuesday announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.
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