Recent Highlights
All Stories for Economic Package
Govt stimulus package does not address immediate concerns of healthcare system: Fitch Solutions
• 5 years agoFitch Solutions has said that the latest stimulus package does not address immediate concerns of the healthcare system which is reeling under the pressure of COVID-19 pandemic
Coronavirus Outbreak Updates: Mumbai reports 1,382 new COVID-19 cases; confirmed infections rise to 25,317
Fp Staff • 5 years agoCoronavirus Outbreak LIVE Updates: The MHA on Thursday said that state governments should 'ensure night curfew or prohibition of all non-essential activities between 7 pm and 7 am'.
Proper delineation of containment zones, social distancing mandatory post lockdown; enforce night curfew strictly, MHA tells states
• 5 years agoMHA said the night curfew has been imposed to ensure that people observe social distance.
Coronavirus Outbreak: IAS officers deputed to 3 Mumbai civic hospitals for effective management of COVID-19 treatment
• 5 years agoAs coronavirus cases continue to rise unabated in Mumbai, the Maharashtra government on Thursday deputed three IAS officers to three major civic-run hospitals in the city for effective management of the outbreak
Nirmala Sitharaman to meet PSB chiefs tomorrow to discuss loan disbursement; to review interest rate transmission to borrowers
• 5 years agoThe deployment of excessive funds by banks under the reverse repo route may also come up for discussion on Friday, sources said.
Nirmala Sitharaman says Centre has no more announcements to make; rules out any cut in income tax rates
101 India • 5 years agoNirmala Sitharaman, who had over the last week announced an economic package to help revive the economy, said how the coronavirus and the lockdown has hurt revenues is yet to be completely assessed.
Coronavirus Outbreak Updates: Railways will partially restore train services from 1 June, says Centre; bookings for 200 trains to begin tomorrow
Fp Staff • 5 years agoCoronavirus Outbreak Updates: Delhi High Court on Wednesday directed the Delhi Metro Rail Corporation (DMRC) to take adequate steps to maintain social distancing once the Metro Rail is permitted to function, particularly, since compartments are fully packed, which can be dangerous in the current COVID-19 pandemic situation.
Nirmala Sitharaman to meet PSU bank chiefs on Friday; to review credit flow to prop up virus-hit economy
• 5 years agoThe meeting with PSU bank chiefs was earlier scheduled on 11 May, but due to the stimulus package announcements, it was deferred,
Coronavirus Lockdown: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate
• 5 years agoThe Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis
Economic package: Successful implementation of support measures for NBFI will be key, says Fitch Ratings
• 5 years agoFitch Ratings on Wednesday said support measures announced by the government for non-banking finance companies seek to ease borrower strain and boost funding conditions for NBFIs, but successful implementation will be the key