Stimulus Package

The stimulus package underscores Beijing's shift toward growth after Covid control measures pounded the economy and threaten Beijing's 5.5% growth target for the year

Sri Lanka would duly pay the $500 million international sovereign bond payment due in a fortnight, Finance Minister Rajapaksa told reporters here.

Having deployed huge fiscal stimulus last year, Japan risks a drop-off in support needed to support the fragile recovery, finance ministry officials say

She took part in the annual meeting of the board of governors of Asian Infrastructure Investment Bank (AIIB) via video conference

Rising crude oil prices are emerging as a huge challenge and the uncertainty could upend some of her plans to get the economy back on track, she said

The Stoxx 600 Index was up 0.6% by 12:37 p.m. London time

Lawmakers have escalated calls for a new relief package

The committee has recommended that to ensure the survival of small enterprises, it is imperative for the government to provide them with much-needed liquidity

Investment in the expansion of the health sector in private domain has been relatively low: V K Paul

Senior Congress leader P Chidambaram said the answer to this 'crisis' is to spur demand by putting money in the hands of the people

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Industry body also seeks expansion of RBI balance sheet to meet demand exigencies, suggests ways to accelerate Covid vaccination

In a Q&A, Amitabh Kant says the package should aim to lift growth instead of picking specific sectors for assistance

It may allow small companies to borrow an additional 30% of their credit limit, up from 20% announced last year.

'We believe that irrespective of the ability to spend, there will be another stimulus announced by the government when the unlock phase commences,' says brokerage Bernstein

The government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help

Bold measures will be required to emerge stronger from the crisis, said the report, 'State of Working India 2021: One Year of Covid-19,' released on Wednesday by Azim Premji University

While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for the health care sector are expected to come at around 6%

The Centre and the RBI are exploring options for businesses hit hard by the second wave

Among other schemes, the Emergency Credit Line Guarantee Scheme was recently extended until June 30 or until Rs 3 trillion is disbursed before taking a call to widen the plan or extend it