Finance - general
Centre announces cash stimulus to revitalise economy
15 Oct 2020
Finance minister Nirmala Sitaraman today announced a slew stimulus measures that include Rs12,000-crore 50-year interest-free loans to states for capital spending, a cash voucher scheme for government employees in lieu of LTC + 3 times ticket fare, Rs25,000 crore central sector scheme etc, which, along with private initiatives, will generate Rs1,00,000 crore of additional demand
Centre announces cash stimulus to revitalise economy
12 Oct 2020
Finance minister Nirmala Sitaraman today announced a slew stimulus measures that include Rs12,000-crore 50-year interest-free loans to states for capital spending, a cash voucher scheme for government employees in lieu of LTC + 3 times ticket fare, Rs25,000 crore central sector scheme etc, which, along with private initiatives, will generate Rs1,00,000 crore of additional demand
Woman at the Helm of Financial Powerhouse Citi
24 Sep 2020
Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021
Lack of human capital holds back Latin America’s growth: IMF report
24 Sep 2020
Investment alone will not ensure growth in incomes as human capital is an important factor in realising the benefits of investment, and this could explain the lack of GDP growth in much of Latin America, according to a new report prepared by IMF staff
Coronavirus pummelled an already low aggregate demand: RBI
26 Aug 2020
`An assessment of aggregate demand during the year so far suggests that the shock to consumption is severe, and it will take quite some time to mend and regain the pre-Covid-19 momentum,’ RBI stated in its annual report