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Government working on next stimulus package: Finance Ministry official Economic Affairs Secretary Tarun Bajaj, on Wednesday, stated that the Indian Government is working on the next stimulus package. The new stimulus would help to further support the Indian economy, amidst positive signs of a fall in Covid-19 cases. He also stated that the Union Cabinet […]
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PM Modi addresses the nation, reminds citizens that fight against virus must not stop Prime Minister Narendra Modi, in his address, stated that India has come a long way from the first lockdown restrictions in March. He announced that economic activities are increasing rapidly, and several Covid-19 vaccines are approaching final testing stages in India. […]
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1. U.S. Stocks Advance on Stimulus Hope U.S. stocks rose as lawmakers race to finalize a stimulus deal before the Nov. 3 election. The S&P 500 rebounded from Monday’s selloff over reported differences in stimulus negotiations. Overnight gains faded after the U.S. Justice Department said it was poised to sue Google for allegedly abusing its […]
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Government announces economic stimulus to boost demand by Rs 73,000 crore Finance Minister Nirmala Sitharaman, on Monday, announced major schemes to boost demand in the country by nearly Rs 73,000 crore. An additional amount of Rs 25,000 crore has been allotted to the capital expenditure budget and will be spent on roads, water supply, etc. […]