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Nirmala Sitharaman

Economy on rebound, govt focuses on spending: Finance minister

Economy

04 December, 2020

Economy on rebound, govt focuses on spending: Finance minister

India's economy will return to growth in 2021/22 after a sharp contraction in the latest year, and higher public spending...

Moody's expects India GDP to shrink by 8.9% in 2020

Economy

12 November, 2020

Moody's expects India GDP to shrink by 8.9% in 2020

Moody's Investors Service said on Thursday it expects India's economy to shrink by 8.9% in the 2020 calendar year due...

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

Centre planning about $20 bn of new stimulus

Economy

11 November, 2020

Centre planning about $20 bn of new stimulus

India is planning to announce a fresh round of stimulus worth about $20 billion (around Rs 1.5 trillion) this week ......

India to spend $27 bn over 5 years to boost manufacturing

Manufacturing

11 November, 2020

India to spend $27 bn over 5 years to boost manufacturing

The Union Cabinet on Wednesday approved a proposal to provide production-linked incentives of about Rs 2 trillion ($27 billion)...

GST shortfall: Central govt to borrow $15 bn to give to states

Economy

16 October, 2020

GST shortfall: Central govt to borrow $15 bn to give to states

India's federal government said it plans to borrow 1.1 trillion rupees in tranches to compensate states for tax losses due...

Sensex, Nifty rally for eighth day as IT gains offset banking losses

Markets

12 October, 2020

Sensex, Nifty rally for eighth day as IT gains offset banking losses

Indian shares ended higher on Monday as gains in IT stocks offset losses in banking shares, which slid after fiscal ......

Govt unveils economic stimulus to boost demand by $10 bn

Economy

12 October, 2020

Govt unveils economic stimulus to boost demand by $10 bn

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......

Govt extends suspension of bankruptcy filings

Finance

25 September, 2020

Govt extends suspension of bankruptcy filings

The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at...

Govt's $40-bn plan to revive SMEs off to a slow start

Finance

12 June, 2020

Govt's $40-bn plan to revive SMEs off to a slow start

India’s ambitious plan to provide some 3 trillion rupees ($39.5 billion) in loans to small businesses to boost an economy...

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