Page 2 - Stimulus Package

Fresh, tailor-made stimulus package needed to fight second Covid wave

The impact of restrictions will be felt on retail loans-banks as well as NBFCs and HFCs

Can rising Covid cases, lockdowns bring back lustre to gold prices?

The yellow metal lost sheen as investors shifted out of this safe-haven asset to more lucrative investment options, such as cyclical stocks

Biden kicks off effort to reshape US economy with infrastructure package

He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April

Rational expectations

Evolving conditions would lead to adjustment in markets

Best of BS Opinions: Tariff on solar power, Biden's mega stimulus, and more

Here's a selection of Business Standard opinion pieces for the day

A high-pressure growth gamble

Biden administration's mega-stimulus could set off a tug of war between growth and inflation and a churn in the markets

US stimulus effect to be felt beyond its shores

The package takes pandemic-related spending in the US to over $6 trillion since the start of the crisis.

America is coming back, says Biden, as he signs off on $1.9-trn stimulus

Biden tells US states to make all adults eligible for a coronavirus vaccine by May 1

Biden signs $1.9 trillion stimulus bill into law on US lockdown anniversary

The Democratic-led US House of Representatives gave final congressional approval to the measure on Wednesday, handing the Democratic president a major victory in the early months of his term

Asian stocks trail their US peers for third week, shows data

While a rout in Chinese equities and global concerns about rising Treasury yields have weighed on shares in Asia, the US market is seen getting a boost from an impending $1.9 trillion stimulus plan

Joe Biden set to sign $1.9 trn relief bill before speech to nation

President Joe Biden is set to sign into law Thursday the USD 1.9 trillion relief package that he says will help the U.S. defeat the virus and nurse the economy back to health

US Congress OKs $1.9 trillion virus relief bill in win for Biden, Dems

A Congress riven along party lines approved a landmark $1.9 trillion COVID-19 relief bill Wednesday

GameStop, other 'meme stocks' soar as US markets eye stimulus boost

GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains

Dow jumps 600 pts on vaccine cheer, stimulus optimism; cyclical stocks rise

US bond market rout eases; shares of cruise liner and hotel operators, and carriers including Carnival Corp, Hilton, Delta Air Lines Inc and American Airlines gained between 1.8% and 4.6%

Bulls take a break: Sensex, Nifty fall for fourth day amid yield surge

Sensex down 2.4% in four sessions

Global stocks mixed on optimism over recovery, stimulus package

Global stock markets were mixed on Tuesday after another record-setting rally on Wall Street. London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced. US futures were lower a day after Wall Street's benchmark S&P 500 index closed up 0.7%. Investors were encouraged by company earnings, news that a surge in coronavirus cases is easing, progress in distributing vaccines and the possibility of U.S. government stimulus. Despite concern prices might be rising too fast, the momentum behind this reflation trade remains a force to reckon with, said Jingyi Pan of IG in a report. In early trading, London's FTSE 100 declined less than 0.1% to 6,518.19 and Frankfurt's DAX lost 0.2% to 14,032.42. The CAC 40 in Paris was unchanged at 5,686.76. On Wall Street, the future for the S&P 500 and Dow Jones Industrial Average were off less than 0.1%. On Monday, the S&P 500, the Dow and the Nasdaq composite all set records. In Washington, President Joe Biden and ...

FM's 'Mool Mantra': Can't dodge fiscal deficit, has to be carefully tackled

Sitharaman asserts while govt can give stimulus, long-term infra financing is job of DFIs. Private players in this space will make funding competitive

Stalling US labour market supports push for massive stimulus package

Millions of Americans are experiencing long bouts of unemployment and permanent job losses, while others have given up searching for work

A call to print more money: Economic Survey sees a 'V-shaped recovery'

Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey

Labour codes: Reform 2.0

Economic reforms require expending political capital by the governments, as the benefits of reforms are spread thin and become apparent only with a time lag