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FISCAL STIMULUS PACKAGE
The solution India's economy wants (Not)India's economic path may lie in an unusual strategy. The nation is advised to focus on producing items people do not need. This approach a...- Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
- Joe Biden’s victory makes major stimulus unlikely before JanuaryWhile President Donald Trump last month pledged a large post-election stimulus act, it was based on his assumption that he’d win re-electio...
- View: Covid-beaten India needs fiscal stimulus now — with its extent and form carefully worked outAs long as Covid-19-induced regulation or personal hesitation prevented workers from coming to work, an expansion of demand would not have ...
- We're optimistic about a V-shaped recovery in India: Expenditure Secretary TV SomanathanThe expenditure secretary said simply pumping money into the system was not a solution to revive the economy.
- India very likely to announce another set of fiscal stimulus measures: FitchFitch Director Sovereign Ratings Thomas Rookmaaker said COVID-19 is still in India and it is "very likely" that the government will have to...
- Stimulus package pure 'cheating'; Centre treating states like 'beggars': Telangana CMTelangana CM K Chandrasekhar Rao has hit out at the NDA govt over the fiscal stimulus package, accusing it of treating states like "beggars...
- Government's fiscal stimulus package hopelessly inadequate: ChidambaramSenior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrant...
- Total fiscal impact of 'Rs 20L cr package' to be Rs 1.50 lakh cr: ReportPrime Minister Narendra Modi had announced a relief package of Rs 20 lakh crore or about 10 per cent or GDP last week. However, many of the...
- Stimulus packages will have impact of Rs 1.29 lakh cr on fiscal deficit: SBI ReportThis implies that the remaining nearly Rs 3.54 lakh crore of the Rs 20 lakh crore package announced by Prime Minister Narendra Modi on May ...
- 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...
- Govt announces 25% cut in TDS/TCS rate for non-salary paymentsThe reduction will kick into effect from May 14 and will be valid on payment for contract, professional fees, interest, rent, dividend, com...
- What top brokerages expect from the stimulus packageBrokerages believe the impact of Covid-19 is likely to linger on the economy for some time.
- View: India's virus-stricken economy is in a dire need of a vaccineIndia cannot — and need not — let its economy be sacrificed at the altar of COVID-19 mitigation.
- What I read this week: Why a fiscal stimulus will not work in the Indian contextWas the recent slowdown due to a shortage of aggregate demand or supply-side issues?
- UBS sees 0.5% fiscal slippage on stimulus, lower revenuesWe believe the Centre will likely breach the FY18 fiscal deficit target of 3.2 per cent of GDP by 0.5 per cent if its goes about with a fis...
- More stimulus packages not good for economy: CII PresidentStressing fiscal responsibility on the part of the Government, industry body CII has said more stimulus packages will affect the economy ad...
- Economic think-tank RIS pitches for $50-bn stimulus packageMaking a case for bigger and bolder stimulus package, RIS has pitched for $50 bn package to boost industry, reeling under the impact of the...
- Second stimulus package in 2-3 days: Kamal NathGovt is expected to announce the much-awaited second stimulus package in the next two-three days to boost the economy which is facing the h...
- Montek hints at more steps to boost industryWith the economy showing signs of further slowdown, the Government is likely to take more steps to boost industry after monitoring the impl...
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