Abhishek Gaoshinde of Sharekhan By BNP Paribas, says it is not a mandatory policy, it is a voluntary policy. As long as it is voluntary, the success or the impact of the EV or any other thing would be dependent on the kind of value that the owner is getting. If an owner is getting … Read more
The Union Cabinet on Wednesday approved the Covid-relief stimulus package announced by finance minister Nirmala Sitharaman two days ago, information and broadcasting minister Prakash Javadekar said. The approved schemes include a Rs 3.03 lakh revamped scheme for the power distribution sector, Rs 1.5 lakh crore additional credit for small and medium businesses, and export insurance … Read more
The government will soon give the Reserve Bank of India (RBI) its inflation target for five years beginning April 1. The RBI, which is an inflation-targeting central bank, is currently tasked with keeping retail inflation at 4%, with an upper and lower tolerance limit of 2 percentage points. The central bank has indicated that it … Read more
TUESDAY, Dec. 22, 2020 (Healthday News) — As Congress passed a $900 billion pandemic relief package on Monday, U.S. experts warned that a new, more infectious variant of the coronavirus recently discovered in Britain may already be circulating in this country. The relief bill will authorize direct payments of $600 to any American who … Read more
Principal Economic Adviser Sanjeev Sanyal on Wednesday said the government recognises the need for further stimulus at an appropriate time to perk up demand in the economy, hit by COVID-19. Addressing the 115th AGM of PHD Chamber of Commerce and Industry, he said there was space on the monetary and fiscal side to implement further … Read more
Investors are gauging how a potential deterioration in President Donald Trump’s health could impact asset prices in coming weeks, as the U.S. leader remains hospitalized after being diagnosed with COVID-19. So far, markets have been comparatively sanguine: hopes of a breakthrough in talks among U.S. lawmakers on another stimulus package took the edge off a … Read more