Sun, Apr 07, 2024
China's policymakers look to boost liquidity and increase confidence in the world's second-biggest economy amid headwinds from a property crisis and frictions with major trading partners.
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Thu, Mar 21, 2024
They can struggle to provide proof of income and credit, shutting them out of bank loans when they need funds for travel, medical expenses, or the education of their children.
Wed, Mar 20, 2024
The IMF mission held meetings with Pakistani officials in Islamabad during a five-day visit to review the fiscal consolidation benchmarks set for the loan.
Fri, Apr 17, 2020
Whether it's putting the national economy on track, interest rate relief, or extension of the ITR return filing deadline, the Indian government has paid heed to Anil Singhvi's advice.
In a press conference today called at a very short notice, the Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic.
Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.
Mon, Apr 13, 2020
The Indian retail sector comprising 70 million small medium and big traders employing 45 crore people, does a monthly business of approximately USD 70 billion. A host of international agencies have cut India's economic growth estimate for FY21 on concerns about the fallout of COVID-19 outbreak.
Fri, Apr 10, 2020
MS Unnikrishnan, MD & CEO, Thermax Ltd., talks about the impact of lockdown, liquidity situation of Thermax as well as the capital goods industry.
COVID-19 pandemic: As many as 72 per cent of organisations feel that the impact of the coronavirus pandemic will be felt beyond six months, finds EY survey.
Thu, Apr 09, 2020
"Risks around the inflation projections appear balanced at this juncture and the tentative outlook is benign relative to recent history. But COVID-19 hangs over the future, like a spectre," it said.
Tue, Mar 31, 2020
Government will borrow Rs 4.88 lakh crore in the first half of fiscal 2020-21 starting April 1 to shore up resources amid a war it is wagging to contain economic fallout of coronavirus pandemic, DEA Secretary Atanu Chakraborty said on Tuesday
The Finance Ministry said that a notification has been issued by the Department of Revenue, Ministry of Finance on 30th March 2020 which relates to certain amendments to the Indian Stamp Act.
Mon, Mar 30, 2020
Domestic stock markets, including top indexes Sensex and Nifty, have been on a roller coaster ride for several weeks now due to the impact of the novel coronavirus, Covid-19, pandemic, which has hammered equities continuously.
Sun, Mar 29, 2020
Amid the rising number of cases in India, here is a good news.
Fri, Mar 27, 2020
"We would anticipate at least one more quarter of drag keeping growth in negative territory, beyond which the policy support and favourable base effects should drive recovery back to positive growth", it said.
RBI governor Shaktikanta Das announced a slew of measures on Friday morning, including a massive cut in repo rates.
The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. The Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate by 75 basis points to 4.40 per cent from 5.15 per cent.
The positive coronavirus cases in India jumped to 724 on Friday. A total of 66 people have been cured of the disease. So far, 17 people have lost their lives due to the virus, according to data from the health ministry.
The Reserve Bank of India on Friday cut the repo rate by 75 basis points, in the wake of extraordinary circumstances created by coronavirus outbreak
Thu, Mar 26, 2020
Finance Minister Nirmala Sitharaman on Thursday afternoon announced a massive relief package for people amid the nationwide lockdown.
Wed, Mar 25, 2020
The 2008 financial crisis was primarily US driven and the current Coronavirus crisis is different and more serious, Samir Arora of Helios Capital told Zee Business Managing Editor Anil Singhvi
Tue, Mar 24, 2020
The Finance Ministry on Tuesday announced the extension of the deadline for filing returns of goods and services tax (GST) for March, April and May 2020 till June 30.
Amid negative impacts of coronavirus spread on stock markets, JM Financial Services’ Ashu Madan believes that a cooling period should be announced and both Sensex and Nifty should be closed for the next few days.
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