Saturday, Apr 20, 2024 | Last Update : 12:15 AM IST
Economy Page-14
FM Nirmala to reveal second tranche of Aatmanirbhar stimulus package at 4 pm today
Finance Minister is likely to announce measures to help the agriculture sector and allied activities
14 May 2020 11:55 AM
In first tranche of stimulus, MSMEs to get collateral-free loans to restart business
Employees' Provident Fund contributions will be paid by government for next three months
14 May 2020 9:44 AM
Rs 3 lakh crore collateral-free automatic loan for businesses, MSMEs: Sitharaman
To provide stressed MSMEs with equity support, the government will facilitate the provision of Rs. 20,000 crore as subordinate debt
13 May 2020 5:33 PM
BRICS' new development bank provides $1 billion loan to India to fight pandemic
The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April
13 May 2020 1:30 PM
US unemployment surges to a Depression-era level
US Labor Department says that 20.5 million jobs vanished in April in the worst monthly loss on record triggered by shutdowns of businesses
09 May 2020 11:08 AM
Coronavirus lockdown causes historic spike in layoffs in India
The steep downturn in activity underlined the widespread havoc wrought by the pandemic worldwide
06 May 2020 1:32 PM
RBI may extend bank loan moratorium by another 3 months amid lockdown
RBI allowed banks and financial institutions to offer a moratorium of three months on payment of instalments of all term loans
05 May 2020 2:18 PM
Indian bank bad debt could double in coronavirus crisis
A fresh surge in bad debt could hit credit growth and delay India’s recovery from the coronavirus pandemic
04 May 2020 10:35 AM
RBI reviews measures to ease financial stress
The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period
03 May 2020 9:16 AM
US Fed leaves interest rates near zero, to use full range of tools to help economy
In its statement, the Fed said it is "committed to using its full range of tools to support the US economy in this challenging time”
30 Apr 2020 10:41 AM
HSBC’s pre-tax profit falls 48% as virus batters global economy
Lender reported pre-tax profits of $3.2 billion, down 48 percent citing credit losses from clients hit by the economic slowdown
28 Apr 2020 10:34 AM
RBI unveils Rs 50,000 cr credit line for mutual funds
RBI also stressed it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of Covid-19
27 Apr 2020 11:24 AM
India's holding of US government securities hits record high of $177.5 billion in Feb
US Treasury Department showed that the amount of securities owned by India has also gone up by the maximum quantum in a span of one month
26 Apr 2020 12:34 PM
SAARC nations unveil emergency stimulus packages
India responded by unveiling a Rs 1.7 lakh crore (USD 22.6 billion) economic stimulus plan
26 Apr 2020 12:12 PM
India plans to fast track Chinese investments after policy change
India said this week that all foreign direct investment from countries sharing a land border would require prior government clearance
26 Apr 2020 9:46 AM
India's remittances likely to decline by 23% due to coronavirus: World Bank
Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis
23 Apr 2020 1:04 PM
Finance Ministry notifies changes in FDI policy under FEMA law
Prior approval of government mandatory for foreign investments, to prevent the opportunistic takeover of domestic firms
23 Apr 2020 12:42 PM
Fitch slashes India's economic growth to 0.8% in FY21
Unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic and resultant lockdowns: Fitch
23 Apr 2020 12:14 PM
Small, micro businesses at a greater risk of credit default, says cibil
The covid crisis poses challenges to businesses, especially for micro enterprises, who are often vulnerable to sudden changes in the market
22 Apr 2020 4:33 PM
Sensex plunges 1,011 pts after oil price crash sparks global sell-off
Similarly, the NSE Nifty plummeted 280.40 points, or 3.03 per cent, to 8,981.45
21 Apr 2020 4:34 PM
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