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Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)

Stimulus or sleight of hand? Rs 6L crore is the packaging, Rs 24k...

The other measures on equity infusion into MSMEs would need to be watched for uptake, given the poor execution of such...

15 May 2020 10:16 AM IST

Migrant workers from UP state sit stuffed inside a goods truck on the outskirts of Hyderabad hoping to be driven to their villages in UP. (AP)

One Nation One Ration Card: Manna for migrant workers -- by next March

Nirmala Sitharaman's second tranche of the stimulus package addreses farmers, migrant workers, street hawkers

15 May 2020 9:50 AM IST

Union Finance Minister Nirmala Sitharaman. (PTI Photo)

FM Nirmala Sitharaman says second tranche for migrant labourers,...

Government to give free foodgrain supplies to migrant workers for next two months

14 May 2020 5:11 PM IST

Govt releases truncated WPI for April; wholesale food inflation falls 3.7%. (AP Photo)

Govt releases truncated April WPI inflation data; 10% deflation in...

Wholesale price index (WPI) deflation in primary articles was 0.79 per cent in April, as against an inflation of 3.72...

14 May 2020 2:00 PM IST

FM Nirmala Sitharaman will address a press conference at 4 PM. (PTI Photo)

FM Nirmala to reveal second tranche of Aatmanirbhar stimulus package...

Finance Minister is likely to announce measures to help the agriculture sector and allied activities

14 May 2020 11:55 AM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

In first tranche of stimulus, MSMEs to get collateral-free loans to...

Employees' Provident Fund contributions will be paid by government for next three months

14 May 2020 9:44 AM IST

Union Finance Minister Nirmala Sitharaman. (PTI Photo)

Rs 3 lakh crore collateral-free automatic loan for businesses, MSMEs:...

To provide stressed MSMEs with equity support, the government will facilitate the provision of Rs. 20,000 crore as...

13 May 2020 5:33 PM IST

The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India. (PTI Photo)

BRICS' new development bank provides $1 billion loan to India to fight...

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM IST

The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. (AP)

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...

9 May 2020 11:08 AM IST

Indias services activity collapses as coronavirus palayses global economy. (PTI Photo)

Coronavirus lockdown causes historic spike in layoffs in India

The steep downturn in activity underlined the widespread havoc wrought by the pandemic worldwide

6 May 2020 1:32 PM IST

RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown. (PTI Photo)

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...

5 May 2020 2:18 PM IST

Representative Image. (PTI Photo)

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

4 May 2020 10:35 AM IST