Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report
Unlike some advanced economies, India’s stimulus package has largely focussed on subsidised credit to small businesses and farmers, while direct fiscal stimulus was limited to around 1 percent of the GDP, economists said.
Earnings of Sensex companies to decline up to 8% this year on economic concerns; fiscal stimulus may help recovery: Analyst
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground, he said.
The government's booster measures for MSMEs drew a mixed response from the startup community with many believing the package will benefit startups, even as others disagreed.
Wall Street jumps as hopes for easing lockdown offset earnings worry; Nasdaq registers fourth straight day of gains
Advancing issues outnumbered declining ones on the NYSE by a 3.19-to-1 ratio; on Nasdaq, a 2.54-to-1 ratio favored advancers.
Former RBI governor Bimal Jalan has pitched for fiscal stimulus to mitigate the impact of coronavirus outbreak which, he said, could lower India's growth by an estimated 1 percentage point, and affect jobs
Share trading should be stopped to restrict bloodbath in stock market, says TMC MP Saugata Roy in Lok Sabha
A TMC member in Lok Sabha on Friday proposed that the government close share trading in the country on account of "bloodbath" on Dalal Street
Asia shares seek calm as Wall Street ekes out gains; bonds rally, oil bounces back, dollar rush causes stress
The dollar’s surge is a nightmare for the many countries and companies that have borrowed heavily in the dollar, leading to yet more selling of emerging market currencies in a negative feedback loop.
Budget 2020: Bold fiscal measures, strong implementations will provide much-needed fillip to sagging real estate sector
Recent estimates indicate that some of the pain points of the real estate sector include delayed projects, shortage of funds, high unsold inventory and stalled projects.
India's lower than expected GDP numbers 'biggest drag' on global growth forecast for two years, says IMF's Gita Gopinath
India-born IMF Chief Economist Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income growth
IMF cuts global growth forecasts as India falters on domestic demand slowdown; says bottom may be near
The IMF also said it marked down growth forecasts for Chile due to social unrest and for Mexico, due to a continued weakness in investment.
RBI windfall of Rs 1.76 lakh cr surplus to Centre supports deficit, offers a permanent avenue to raise resources
The government will get a bonanza of around Rs 86,000 crore over and above the budgetary provision of Rs 90,000 crore from the RBI
Govt gets windfall gain of Rs 1.76 lakh cr from Reserve Bank of India; raises expectation of fiscal stimulus
A source familiar with discussions said the government will use the funds to stimulate the economy by cutting taxes
Since the Budget, the markets have tanked over 12% as the Finance Minister Nirmala Sitharaman unveiled a slew of measures
Much depends on what the Fed does with US interest rates, making markets hyper-sensitive to the minutes, due later on Wednesday, of its last meeting
Tracking India’s economic slowdown: Why Narendra Modi govt shouldn’t delay fiscal stimulus to revive struggling industries
Industry captains are marching to the North Block making their case for an urgent fiscal stimulus. Big and small companies are announcing job cuts one by one.
Finance Minister Nirmala Sitharaman has no leeway to offer any big surprises in Budget 2019, says economists
Investors and the market should not expect any big surprises from the first Budget by the first woman finance minister today
IMF lowers global growth rate projections for 2019 to 3.5% citing slowdown in several advanced economies
Global growth in 2018 is estimated to be 3.7 percent, as it was last fall, but signs of a slowdown in the second half of 2018 have led to downward revisions for several economies, IMF said.
GDP back series data: Having a new base year is fine, but high growth post-demonetisation is surprising
There can be no discussion on the new base year concept as it is globally accepted.