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CORONAVIRUS STIMULUS
Government may announce stimulus when unlock phase commencesWhile overall COVID cases have started to decline, key focus states witnessing a surge in cases have changed from north/western states earl...- Gold set for best close in seven weeks as Trump signs stimulusBullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccine...
- Congress reaches deal on $900 billion pandemic relief planThe plan would provide direct payments of $600 to most Americans and $300-per-week in enhanced unemployment benefits through March, accordi...
- Dollar hovers near 2.5 years low as traders eye U.S. stimulus talksAgainst major currencies, the dollar index fell 0.7 per cent to 91.318, having hit its lowest level since late April 2018 of 91.263 overnig...
- Wall Street closes lower as stimulus deadline nears without dealThe Dow Jones Industrial Average fell 410.89 points, or 1.44%, to 28,195.42, the S&P 500 lost 56.89 points, or 1.63%, to 3,426.92 and the N...
- Wall Street closes lower as stimulus deadline nears without dealInvestors were also worried about rising coronavirus cases in parts of the United States and about whether U.S. President Donald Trump migh...
- Gold gains as concerns over US stimulus talks easeGold fell nearly 2% on Tuesday after U.S. President Donald Trump halted negotiations for an additional stimulus package until after the Nov...
- Gold hits highest since September 2011, silver at 4-year peakSpot gold rose 0.4% to $1,816.56 per ounce by 11:22 a.m. EDT (1522 GMT), having touched a high of $1820.06 earlier in the session.
- Summing up Modi's Covid stimulus: Big takeaways from the big Covid packageAt as much as 10% of GDP, the big stimulus package did not appear to leave any major sphere untouched.
- India has very little space for fiscal stimulus: Ind-RaThe revenue shortfall is likely to account for 95 per cent of the increased borrowings, leaving a purse of just Rs 20,000 crore for the gov...
- At 10% of GDP, Modi's Atma-nirbhar Bharat Abhiyan ranks among biggest in worldBut unlike the most relief packages announced globally, Rs 20 lakh crore is not entirely in new spending and includes Rs 1.7 lakh crore pac...
- What is coming at 4 pm? India waits with bated breath for fine print of Modi's grand planA recap of what Modi government and the RBI have done till now to cushion an economy from the Covid blow.
- View: The path of self relianceThe idea of self-reliance should come with the caveat of key sector focus and not an economy-wide spread. The latter would simply take us b...
- Second coronavirus stimulus could be unveiled this weekThe first part of the package targeted at MSMEs and migrants could come early this week, the official said. A package for services, one of ...
- To help small firms, India seen unveiling second coronavirus stimulus worth $13 billionIndia had earlier outlined a Rs-1.7 lakh-crore Covid package for the poorest of poor.
- How Coronavirus has upended economics in just a few weeksEconomic orthodoxies are getting tossed aside at a furious pace. Some of them may be gone for good.
- Coronavirus outbreak: Bimal Jalan pitches for fiscal stimulusJalan highlighted that India's macroeconomic situation was already troublesome and the growth would be impacted further due to the COVID-19...
- Oil rockets nearly 20% as investors hail coronavirus stimulus spending - for nowBrent crude was up $2.10, or 8 per cent, at $26.98 a barrel by 0028 GMT after tumbling 13 per cent on Wednesday in a third day of relentles...
- Gold gains as virus fears spook equities, boost stimulus expectationsSpot gold was up 0.4% at $1,656.40 per ounce by 10:38 a.m. EDT (1438 GMT), while U.S. gold futures inched down 0.1% to $1,659.
- Can Coronavirus cause a recession?Until last week, Wall Street was unusually blase about the coronavirus too, and had reacted with far less alarm than it did during the eigh...
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