Tag: Economic recovery
13 Results
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RBI keeps lending rates intact, remains accommodative
The Monetary Policy Committee (MPC) of India's central bank voted to maintain the repo rate, or short-term lending rate, for commercial banks at 4 per cent.
December 8, 2021 -
Economic Recovery
A rethink of our economic strategy is required. We should think small rather than big; the focus should be on incentivising employment-intensive small businesses which would benefit a larger number of people rather than promoting large-size automated, modern manufacturing facilities. With technical guidance and adequate capital, our vast army of unemployed engineers can set up small, specialised technical units which could provide gainful employment to many
November 10, 2021 -
Economic recovery after Covid-19 second wave, Punjab registers 24.76 % growth in GST collection
An official spokesperson said Punjab's GST revenue receipts in September 2021 stood at Rs 1316.51 Crore against Rs 1055.24 Crore for the same period the previous year (September 2020).
October 11, 2021 -
‘US economic recovery would reverse if debt limit not raised’
US Treasury Secretary Janet Yellen also warned that a default on US debt would "likely precipitate a historic financial crisis" that would compound the damage of the continuing public health emergency.
September 20, 2021 -
Visible signs of economic revival since late May: Finance Ministry
The Monthly Economic Review for July, released by the Department of Economic Affairs (DEA), noted that the robust recovery in tax collections cushions the fiscal towards meeting the budgeted support to the economy.
August 10, 2021 -
‘More than full’ economic recovery likely in FY22: FinMin report
The Budget, 2021-22 presented two days later implemented the counter cyclical fiscal policy by raising the target of fiscal deficit to 6.8 per cent of GDP.
February 10, 2021 -
Economic recovery in 2021 to see high-level uncertainty: Lagarde
In the same panel, Peter Altmaier, Federal Minister for Economic Affairs and Energy, Federal Ministry for Economic Affairs and Energy of Germany, said we need to rely more on open markets and multilateralism.
January 26, 2021 -
Rise in fuel sales in 2020 shows signs of economic recovery: IOC
Petroleum and natural gas minister flagged off the despatch of high-octane premium petrol from the country's oldest refinery at Digboi in Assam to seven cities, including Kolkata.
January 2, 2021 -
Budget to set course for economic pick up after COVID carnage
The pandemic bought a human and an economic catastrophe for India, with nearly 1.5 lakh deaths. Though the deaths per million are significantly lower than in Europe and the US, the economic impact had been much more severe.
January 1, 2021 -
Economic Recovery
With the capacity of the Government to grant further stimuli restricted because of falling revenues and burgeoning expenditure, and a further cut in interest rates by RBI looking difficult because of mounting inflation, new measures are required to raise revenue and put the economy back on rails
November 24, 2020 -
Roadmap needed for SL’s targeted Covid-19 recovery
The report focused extensively on the different policy actions needed in a range of sectors to move Sri Lanka's economy forward.
October 20, 2020 -
Gradual economic recovery seen in India: UN ESCAP
A gradual economic recovery is seen in India, as the corporate sector adjusts to GST and infrastructure spending improves, said a UN report — Economic and Social Survey of Asia and the Pacific — on Tuesday. “A gradual recovery is foreseen in India, according to the report; with private investment being expected to revive as …
Continue reading "Gradual economic recovery seen in India: UN ESCAP"
May 8, 2018 -
IMF urges US to reduce debt as economic recovery continues
The Managing Director of the International Monetary Fund, Christine Lagarde, urged the administration of US President Donald Trump here on Thursday to reduce the government's debt and deficit in the context of a continued economic recovery.
April 20, 2018