Indices snap 8-day rally; Sensex slips 236 pts post FM's stimulus measures

All that happened in the markets today

2:24 PM

NEWS ALERT :: Govt to spend additional Rs 10,000 cr on PM Gareeb Kalyan Rozgar Yogana

>> Has already spent Rs 37,543 crore

2:20 PM

NEWS ALERT :: Govt to spend Rs 65,000 cr on subsidies for fertilisers

2:17 PM

SECTOR WATCH:: Nifty Realty index rises to day's high

2:15 PM

NEWS ALERT :: Govt to provide Rs 6,000 crore of equity to NIIF

>> By 2025, they will have to fund projects worth Rs 1,10,000 crore

2:13 PM

NEWS ALERT :: Differential allowed between agreement value and circle rate has been increased from 10% to 20% till June 30, 2021.

>> This is for residential units worth up to Rs 2 crore 

2:09 PM

NEWS ALERT | Govt cuts performance security on contracts to 3% from 5% for ongoing PSU projects, says FM

>> Relax norms for govt contracts until December 31, 2021; 

>> Waive requirement of earnest money deposit for govt tenders

2:06 PM

Hudco turns positive on expansion of PM Awaz Yojana

2:02 PM

NEWS ALERT :: Govt expands PM Awas Yojana (Urban)

>> Rs 18,000 crore to be provided over and above the Budget announcement to help 1.2 million houses be grounded and 1.8 million houses be completed

1:58 PM

MARKET CHECK :: Sensex off lows

1:55 PM

NEWS ALERT :: Govt launches credit guarantee support for 26 stressed sectors

ECLGS 2.0 (Credit guarantee scheme for stressed sectors): Companies in 26 stressed sectors and healthcare sector with credit outstanding between Rs 50 crore and Rs 500 crore as of Feb 2020 to benefit... tenure to be 5 years, including a 1-year moratorium

1:47 PM

NEWS ALERT :: Govt extends Emergency Credit Line Guarantee Scheme till March 31, 2021

1:42 PM

NEWS ALERT :: Atmanirbhar Bharat Rozgar Yojana scheme will be operational for period from Oct 1, 2020 to June 2021

>> To avail of benefits under this scheme, the organisations with fewer than 50 employees will have to hire two employees, and those with more than 50 employees will have to hire 5 or more

>> For establishments with up to 1,000 employees, the Union govt will bear the employer and employee component of PF for the next two years (applies only to employees with wages up to Rs 15,000) 

>> These establishments would be about 95% of all beneficiaries in the organised sector

 

>> For establishments with more than 1,000 employees, the Union govt will bear the employee component of PF for the next two years

1:40 PM

NEWS ALERT | Aatmanirbhar Bharat Rozgar Yojana will incentivise creation of new jobs, says FM

1:35 PM

NEWS ALERT :: Govt announces Atmanirbhar Bharat Rozgar Yojana

>> Aatmanirbhar Bharat Rozgar Yojana, any EPFO-registered employer who takes on new employees or hires those who lost jobs between March 1 and September 30 will be given some benefits

>> The scheme will be effective from October 1, 2020, and cover two years.

>> New employees at EPFO-registered firms to get benefits on monthly wage less than Rs 15,000

1:33 PM

NEWS ALERT :: Govt to announce 12 measures under Atmanirbhar Bharat 3.0, says FM Sitharaman