Economic Stimulus

Oil rockets nearly 20% as investors hail coronavirus stimulus spending; relief rally may be short-lived, warn analysts

Oil prices were stoked by economic stimulus efforts to ward off a global coronavirus recession.

Narendra Modi govt thrives on popularity in polls, but grim reality on roti-kapda-makaan provides stark contrast

Poll on poll indicates that the Narendra Modi government still remains the most popular government of the day, yet poised to win a Lok Sabha election if it may come.

GDP growth at six-year low: Case of quacks turning into surgeons, says Congress; DMK asks BJP to address 'real issues'

Congress asked on Twitter if the GDP growth of 5 percent was even accurate, while its spokesperson Sanjay Jha claimed that the real GDP was at 3 percent or maybe even lower.

Nirmala Sitharaman Press Conference LIVE Updates: Number of PSBs declines to 12 from 27 after consolidation: Finance Minister

Finance Minister Nirmala Sitharaman is holding a meeting with the heads of the public sector banks (PSBs) today. It is expected that there will be a major announcement on the merger plan of the PSBs.

FM Nirmala Sitharaman to address press conference at 4 pm today; likely to announce major plan for merger of PSU banks

In the previous term of the Modi government, five associate banks and Bharatiya Mahila Bank were merged with State Bank of India.

Govt unlikely to announce any economic stimulus before Monday, meetings planned to discuss package: Report

The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2 percent in the financial year ending next March from a previous estimate of 6.5 percent,

RBI policy: With GST complicating Narendra Modi govt’s budget math, MPC may hold its fire for now

The government has only four months of indirect tax collection data to base its revenue estimates and growth projections for the budget scheduled on 1 February, 2018

Rs 2.11 lakh cr bank recapitalisation: Business stresses in Gujarat spurred Narendra Modi's huge funding plan

The reason why Narendra Modi pushed for a huge bank recapitalisation now was the growing evidence of stress among small and medium sized businesses in Gujarat, his core constituency

Sensex falls 200 points but recoups losses; Punjab National Bank up 3%, SBI falls on profit booking

Sentiment was further subdued as US and European stocks were knocked lower on Wednesday due to earnings concerns

GDP decline: Arun Jaitley hints at stimulus but do govt, RBI have room for an accommodative policy?

How can a stimulus package be devised when govt revenues have been slow to catch-up and RBI rate cuts have not had desired impact?