India’s budget under strain on day one of new fiscal year
As India now conducts the world’s biggest lockdown, budget pressures are set to worsen.
India's fiscal deficit may shoot to 6.2% of GDP in FY21: Fitch Solutions
Stating that weak economic activity will likely see revenue collecti...
India opens access to benchmark sovereign bonds in index bid
Modi’s government needs inflows to fund a $22.6 billion stimulus package.
Print money to handle this once-in-a-century crisis: Swaminathan Aiyar
"Our stimulus effort makes us look like pygmies compared with the rest of the world."
Stimulus package likely by end of this week
There are also talks to widen the fiscal deficit target by 100 basis points.
Coronavirus outbreak: Bimal Jalan pitches for fiscal stimulus
Jalan highlighted that India's macroeconomic situation was already troublesome and the growth would be impacted further due to the COVID-19 pandemic. "And we should not worry about a fiscal deficit target being higher than what has been announced. Because this is much more important. You know if there is security matter or something then you spend money more," he said.
Dow Jones rallies as job losses stir talk of more stimulus
The CBOE volatility index fell 5 points on Thursday, but was still near levels far above those in 2018 and 2019.
Dow Jones gains as US extends shutdown to limit virus spread
A record $2.2 trillion in aid and unprecedented policy easing from the Federal Reserve helped the S&P 500 post its biggest weekly percentage gain in over a decade last week, and the Dow Jones its best since 1938.
View: India's virus-stricken economy is in a dire need of a vaccine
India cannot — and need not — let its economy be sacrificed at the altar of COVID-19 mitigation.
Fiscal response will work for markets once virus scare eases: Geoff Dennis
US markets are assuming there will eventually be a fiscal package, said the EM commentator.
Asia stocks rise on bets of more stimulus as dollar rally fades
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.0 per cent.
European shares jump again on stimulus bump
European shares surged on Wednesday following a strong rally in the previous session, as investors bet on unprecedented stimulus measures.
India Inc seeks fiscal stimulus, moratorium on debt repayment to mitigate coronavirus impact
India has already been facing growth deceleration, with GDP growth falling to 4.7% in 3rd quarter of FY2020.
European stocks drop as record stimulus deal fails to stop coronavirus anxiety
Italian and Spanish stock markets fell between 2.2 per cent and 2.5 per cent as the number of fatalities from COVID-19 in Italy topped 7,500.
Market recovery continues for 2nd day on US stimulus
The volatility index (VIX) declined 8 per cent to 76.96, after a high of 86.6 in the previous session.
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