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CORONAVIRUS RELIEF PACKAGE
White House to spend USD 10 billion to bolster vaccine effortPresident Joe Biden's administration, which will start distributing the money in April to nearly 1,400 centers across the country, said hea...- US must 'act big' on next coronavirus relief package: Janet YellenThe proposed aid package includes $415 billion to bolster the U.S. response to the virus and the rollout of COVID-19 vaccines, some $1 tril...
- Joe Biden promises more coronavirus relief effortsPresident-elect Joe Biden says the coronavirus relief package passed by Congress is "just the first step" and a "down payment" in addressin...
- US Elections 2020: New coronavirus relief slipping past electionTrump's GOP allies are reconvening the Senate this week to vote on a virus proposal, but it's a bill that failed once before, and that Trum...
- White House pushes for limited coronavirus relief bill as broader effort meets resistanceThe proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy, which is struggling to r...
- Fed's Powell says evictions, mortgage defaults may rise without more fiscal aidWhile households are spending now, perhaps using what's left of money from the $2.3 trillion package passed by Congress in March, "the risk...
- Back to the paddy fields, coronavirus smashes Indian middle-class dreamsIn the COVID-19 pandemic, India's economy is forecast to shrink by 4.5% this year, according to the International Monetary Fund. At least 4...
- Centre to unveil another fiscal package by the end of second quarter : S GurumurthyGurumurthy said that another fiscal package could be unveiled towards the end of the second quarter.
- Transporters demand relief package;warn supply of goods, essentials will be hitThe coronavirus turmoil and the nationwide lockdown have taken the road transport ecosystem to dreadful levels, AIMTC said pointing out tha...
- Structural reforms in coal, defence prod, aviation focus of 4th tranche of economic package: Nirmala SitharamanIn her fourth press conference in as many days, she said the focus of the fourth stimulus would be coal, minerals, defence production, civi...
- View: Government can explore the possibility of raising funds through tax-free ‘Covid bonds’One possible way is to mobilise funds through tax-free ‘Covid bonds’ of denominations ranging from `10,000 to `10 lakh. The advantage of th...
- Government considering another package to minimize lockdown impact: SourcesOut of the 10 empowered groups of senior bureaucrats constituted by the prime minister to prepare India's response to COVID-19, one group i...
- View: Whichever way one counts it, bearing the economic cost will be a challengeThe total economic cost of Covid-19 mitigation could well turn out to be 3.5-4% of GDP – a hefty $100-114 bn.
- Moratorium on loan EMIs, credit card dues will have an interest costPeople have a lot of misconceptions about what has been promised. Keep these things in mind when you make financial decisions basis the ann...
- India’s budget under strain on day one of new fiscal yearAs India now conducts the world’s biggest lockdown, budget pressures are set to worsen.
- Coronavirus: Relief package for the poor via DBT may face hurdlesThe govt’s relief package involves the direct transfer of such handouts through Aadhaar-linked bank accounts.
- View: Relief package is peanuts. India needs to triple itThe measures aimed at countering coronavirus are mostly in the right direction but hugely inadequate, he says.
- Swaminathan Aiyar calls for a bigger Covid package on the lines of the US, says govt shouldn't worry about fiscal deficit to deal with once-in-a-century crisisAiyar says India should drop its fiscal deficit fascination and go all out to help the poor.
- Coronavirus: Sonia Gandhi urges people not to panic, pitches for relief packageCongress President Sonia Gandhi urged people on Saturday not to panic in view of the coronavirus outbreak and said the country will not bow...
- Trump signs emergency coronavirus relief bill into lawUnited States President Donald Trump has signed a multi-billion dollar emergency coronavirus economic relief bill, hours after it was passe...
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