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STIMULUS PACKAGE 2023
Japan launches DOGE-inspired office to cut budget wasteJapan launched its own version of the US government's infamous cost-cutting Department of Government Efficiency (DOGE) on Tuesday in a bid ...
$1,702 stimulus payment for September is here: Will you get the money in your account? Check eligibility, dates and moreAlaskan residents are set to receive a stimulus payment of $1,702 in September 2025, thanks to the Permanent Fund Dividend (PFD). This init...
Stimulus payments worth $300 to $1,700 to be in bank accounts of Americans in days. Are you eligible and is it taxable?Millions of Americans may receive a $1,390 stimulus payment in 2025, aimed at easing financial strain amid rising inflation. Several states...
China's looming fiscal package set to stabilise rather than boost growthChina is planning a fiscal package to support its economy by addressing issues in local government debt and the property market. The focus ...
Eyeing US election, China considers over $1.4 trillion in extra debt over next few yearsChina is considering a massive stimulus package worth over 10 trillion yuan aimed at reviving its fragile economy. This includes raising 6 ...
Oil prices trim Middle East war risk-gains, China demand remains a worryOil prices fell on Tuesday as demand in China slowed and the U.S. pushed for a ceasefire in the Middle East. Brent and WTI crude futures sa...
China's economy likely to have slowed in Q3, Beijing's 2024 target at riskChina's economic growth for Q3 is expected to slow to 4.5% compared to 4.7% in Q2 due to property downturn and weak consumption. Authoritie...
China investors expect $283 billion of new stimulusChina may implement up to 2 trillion yuan ($283 billion) in new fiscal stimulus to boost its economy, focusing on government bonds and targ...
China ready for $1.4 trillion fiscal bazooka, top economist saysChina could boost its economy by issuing up to 10 trillion yuan in special debt, according to Jia Kang, former head of a Ministry of Financ...
German government averts crisis with budget agreement for Europe's largest economyThe German government, led by Chancellor Olaf Scholz, reached an agreement on Friday regarding the 2025 budget and a stimulus package for t...
Gold prices back in limelight after mild correctionGold prices have surged both globally and domestically, nearing the significant psychological level of $2,500 per ounce on the London spot ...
China stocks bounce loses steam; focus turns to ECBAsian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China's stimulus plans and for a Europea...
Dollar loses steam ahead of Fed meeting minutes, US inflation testAtlanta Fed Bank President Raphael Bostic said on Tuesday the central bank did not need to raise borrowing costs any further, and Minneapol...
China's economic woes embolden calls for deeper reformsChina's economic slowdown has sparked a debate among government advisers over the best course of action. Some advisers are advocating for m...
Employment generation coupled with improving employability is priority: Jitendra Singh in Lok SabhaThe government of India has taken several initiatives to address unemployment and improve employability, said Union Minister Jitendra Singh...
Fed's Robert Kaplan says he is among policymakers expecting rate hike in 2022As more people are vaccinated against the coronavirus and the economy continues to improve with the help of generous fiscal stimulus, inclu...
Japan's economy will need years to return to pre-pandemic levels, say economistsAnalysts polled were split on the Bank of Japan's next policy move even as the economy continues to suffer from the pandemic's fallout, und...
Ballooning US debt will be a problem for next administration: Hugh JohnsonThe individuals and small businesses that are suffering from the lockdown need some real help, stimulus.
Fed signals rates will stay near zero for at least three yearsThe Federal Open Market Committee “expects to maintain an accommodative stance of monetary policy” until it achieves inflation averaging 2%...
- Govt to raise Rs 50,000 cr more to fund stimulus packages
The Reserve Bank on Tuesday came out with a revised indicative calendar for the fourth quarter of 2008-09 in supersession of the borrowing ...