Category: RBI–Banks

The hype around the Rs 20,00,000 crore government stimulus seems to have fizzled out. “This is not a stimulus package. A stimulus package is something

‘We are facing an economic collapse and GDP is likely to fall 3% to 5%’ We should not be worried about ratings downgrade from global

New Delhi: Union Finance Minister Nirmala Sitharaman gestures during a press conference to announce the fifth and final tranche of economic stimulus package, at the

The government, which identified these industries and several others as having “unnecessary” imports, plans to improve the quality of domestically made products and discourage these

In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief

Seen against the scale of economic distress, and expectations raised by the prime minister’s announcement of a Rs 20 lakh crore package, the measures announced

The stimulus measures announced by the government in five tranches are a mix of immediate relief, regulatory changes and some structural change. These are welcome

Finance minister Nirmala Sitharaman yesterday wound up the five-part announcement of stimulus and reform measures following Prime Minister Narendra Modi’s announcement of a Rs 20

The fight against Covid19 should focus on reviving the economy and bringing growth back on track without causing extra pressure on the fiscal deficit, according

As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both

Going ahead, the government could design specific schemes to help MSMEs modernise technology and obtain quality certification On May 13, when the finance minister unveiled

If the revival package doesn’t work, high stock market valuations cannot be sustained The next phase of lockdown will be crucial for economic revival since

Pick-up in demand will be key; aid for NBFCs indequate; PSUs have higher SME and IIB & SHTF, CV/SME loans. Government’s first bailout package can

CAIT said around 20 per cent of the trading community would have to shut down their businesses if no relief was forthcoming Traders across the

India’s fiscal deficit will rise from the targeted 3.5% to 6% of GDP in FY21. Barclays has pegged consolidated government deficit (Centre and State) at

Congress accused the govt of misleading people in the name of an economic package and said the measures announced by the Centre amounted to only

The government needed to announce large infrastructure investment, say a brand new, enhanced healthcare system, not just some wellness centres at the block level. If

The final tranche had more for states as their borrowing limit has been increased from 3% to 5% of GSDP. The FM unleashed structural reforms

Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months. Delivering the fifth tranche of