Search Results for: fiscal deficit

World Bank names financial crisis expert Carmen Reinhart as new chief economist

World Bank President David Malpass said in a statement Reinhart's experience and insights would prove invaluable as the coronavirus pandemic heaps economic pain on developing countries.

May 21, 2020

Japan's Defence Ministry investigates potential data leak of next-gen missiles through cyber attack

Japan's defence ministry is investigating a possible leak of details of a new state-of-the-art missile in a large-scale cyber attack on Mitsubishi Electric Corp, the Asahi Shimbun newspaper reported on Wednesday, May 20.

May 20, 2020

Here's the break-up of economic package; allocation at Rs 20,97,053 crore

On Sunday, FM Sitharaman listed measures worth Rs 20,97,053 crore including RBI measures and steps announced under Pradhan Mantri Garib Kalyana Package (PMGKP).

May 17, 2020

Nirmala Sitharaman's 5th tranche of measures: Rs 20 lakh cr deconstructed, borrowing limit increased from 3% to 5% for states

The fifth tranche of measures are a part of Rs 20 lakh crore Covid stimulus package, announced by Prime Minister Narendra Modi earlier.

May 17, 2020

Deferment of EMIs won't impact bank earnings, lending to continue: SBI chairman

EMI relaxations and moratoriums issued by the Centre to lessen the financial burden on individuals and enterprises worst hit by the coronavirus lockdown has had no negative impact on the fiscal condition of banks, says Rajnish Kumar, Chairman, State Bank of India (SBI).

May 16, 2020

'Don't want to talk to Xi Jinping right now': Trump rules out renegotiating trade deal with China

US President Donald Trump signalled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world's second-largest economy.

May 15, 2020

Here's how tour of duty will help India Army rationalise its cost

Interestingly, after the implementation of the 'One Rank One Pension' (OROP) scheme, the Army's one-fourth budget goes towards paying pensions.

May 14, 2020

From affordable rental housing to free food for migrants: Key takeaways from Nirmala Sitharaman's press meet

The second tranche of measures focus on migrant workers, street vendors, small traders, the self-employed and small farmers, says FM Nirmala Sitharaman.

May 14, 2020

Kerala to open 301 liquor shops, bars in hotels; online bookings to be done to avoid crowding

The state will also allow bars in hotels and inns to open parcel counters to sell their liquor stocks, provided they sell the stocks at its MRP rates only.

May 14, 2020

Fiscal package 2.0: Relief to taxpayers as TDS to be cut by 25%, ITR filing date extended

TDS is a tax that is paid by the receiver like salary, interest, professional fees, commission, rent, etc. that is charged between 10 percent and 20 percent.

May 13, 2020

In U-turn, Punjab govt says 'will not hike minimum wages for private sector workers'

Joining voices from other states against the controversial labour reforms and economic challenges posed in the wake of the pandemic, the Punjab govt announced the withdrawal in the hike of minimum wages for private-sector workers.

May 11, 2020

Yes Bank faces trust deficit; massive withdrawals as deposits shrink

Hit hard by the continuous erosion of deposits, the crisis-hit Yes Bank has posted a loss of Rs 3,668 crore for the last quarter of the Fiscal Year 2019-20 on a standalone basis.

May 7, 2020

Uttar Pradesh hikes petrol, diesel price: How much you will have to pay now

The UP government has increased the price of petrol by Rs 2 per litre, and that of diesel by Rs 1 per litre.

May 6, 2020

people waiting outside liquor shops during lockdown

Liquor prices in Karnataka set to rise by 6% from next week, know revised rates

The Karnataka government had hiked the additional excise duty on liquor by 6% in the month of March but the revised prices could not come into effect as old stocks remained unsold due to the coronavirus lockdown.

May 5, 2020

People line-up as liquor shops open in Bengaluru from today

Lakhs of litres of alcohol sold on day 1; Karnataka records Rs 45 crore revenue from liquor sales

The excise ministry has fixed the sale of 2.3 litres per person although most of the people purchased more than that so as to keep a stock of it at home.

May 5, 2020

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Search Results for: fiscal deficit

World Bank names financial crisis expert Carmen Reinhart as new chief economist

Japan's Defence Ministry investigates potential data leak of next-gen missiles through cyber attack

Here's the break-up of economic package; allocation at Rs 20,97,053 crore

Nirmala Sitharaman's 5th tranche of measures: Rs 20 lakh cr deconstructed, borrowing limit increased from 3% to 5% for states

Deferment of EMIs won't impact bank earnings, lending to continue: SBI chairman

'Don't want to talk to Xi Jinping right now': Trump rules out renegotiating trade deal with China

Here's how tour of duty will help India Army rationalise its cost

From affordable rental housing to free food for migrants: Key takeaways from Nirmala Sitharaman's press meet

Kerala to open 301 liquor shops, bars in hotels; online bookings to be done to avoid crowding

Fiscal package 2.0: Relief to taxpayers as TDS to be cut by 25%, ITR filing date extended

In U-turn, Punjab govt says 'will not hike minimum wages for private sector workers'

Yes Bank faces trust deficit; massive withdrawals as deposits shrink

Uttar Pradesh hikes petrol, diesel price: How much you will have to pay now

Liquor prices in Karnataka set to rise by 6% from next week, know revised rates

Lakhs of litres of alcohol sold on day 1; Karnataka records Rs 45 crore revenue from liquor sales

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]