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Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)

Business

Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Business

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

$Congress on Monday said the fiscal stimulus package announced by the government is \hopelessly inadequate\. (PTI Photo)$ India

Chidambaram slams Centre, says stimulus package hopelessly inadequate

The party sought a revised and comprehensive package of 10 per cent of the GDP

18 May 2020 2:29 PM IST

Congress says government package only worth Rs 3.22 lakh cr and 1.6% of GDP, not Rs 20 lakh crore

India

Congress accuses government of misleading people in the name of...

Government's economic package is only of Rs 3.22 lakh crore and 1.6 percent of India's GDP and is not worth Rs 20 lakh...

17 May 2020 4:03 PM IST

Union Finance Minister Nirmala Sitharaman. (ANI Photo)

Business

FM Nirmala announces additional 40k crore under MGNREGS to boost...

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM IST

Union Finance Minister Nirmala Sitharama. (PTI Photo)

Business

Sitharaman to announce fifth and final tranche of economic package at...

Finance Minister on Saturday said the government will introduce competition, transparency and private sector...

17 May 2020 9:45 AM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

Business

FM Nirmala Sitharaman's third tranche covers agriculture and allied...

Financing facility of Rs 1,00,000 crore will be provided for funding agriculture infrastructure projects at farm-gate...

15 May 2020 5:42 PM IST

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

Business

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)

Business

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)

Business

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

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

Business

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

Sensex zooms over 1,400 pts on PM Modis Rs 20 lakh cr economic booster. (PTI Photo)

Business

Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic...

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM IST