Economic Stimulus

140 organisations worldwide ask IMF to issue $650 bn to help poor nations

Allocating more IMF reserve assets known as special drawing rights, or SDRs, "would immediately make hundreds of billions of dollars available to nearly all low- and middle-income IMF member countries

Working on road map to advanced economy, says FM Nirmala Sitharaman

Sitharaman said the principal focus would be equitable distribution of wealth so that India grows to become an advanced economy by 2047

BOJ maintains huge stimulus, warns of growth risks from Ukraine crisis

Bank of Japan maintained its huge stimulus and warned of growth risks from Ukraine crisis, reinforcing expectations it will remain an outlier in global shift towards tighter monetary policy

Top central banks go their own way into stimulus exit

BoE 1st major central bank to raise rates since pandemic. ECB cuts stimulus; BoJ set for decision on friday

Swap rates in India surge as traders see Reserve Bank turning hawkish

The five-year onshore overnight indexed swap, a tool to trade rate expectations, has advanced 31 basis points in October

Stimulus package and reforms have put economy on track: FM Sitharaman

She took part in the annual meeting of the board of governors of Asian Infrastructure Investment Bank (AIIB) via video conference

Sri Lanka's central bank unveils six-month plan to stabilise economy

Governor Ajith Nivard Cabraal, while announcing a range of measures, also reiterated that the island nation would not seek any bailout from the International Monetary Fund

Japan PM candidate Kishida wants to delay economic stimulus debate

The former foreign minister's remark underscores the rising risk of a delay in compiling the budget for next fiscal year as economic policy is in limbo during the campaign for premier

The great exit: Central banks line up to dial back emergency stimulus

Here's a look at who is tapering, who may raise rates first and who might be the last to call time on pandemic-era money-printing

Experts doubt India's new loan guarantees will boost economic growth

Industry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be sufficient to boost economic growth.

New Pakistan finance minister considers stimulus package to help economy

The stimulus options include incentives in collaboration with the central bank or packages targeted at the poor, said one of the people

Let the Budget go down to people before talking about stimulus: Sitharaman

Finance Minister says Budget 2021-22 has been designed keeping in mind the necessity for stimulus.

Despite record dividend, RBI and govt may have differences over new norms

Apex bank's Rs 99,122 cr dividend supports the Centre's fiscal rescue plan, obviates need to ramp up borrowings for now

Finance Ministry plans stimulus package to support economic growth: Report

Ministry working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies.

Will the deadlier second wave prompt Modi govt to go for another stimulus?

A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent their incomes again

Covid second wave: MSMEs need help again but not the way govt did last time

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide

Biden administration weighs $4 trillion in fresh economic spending

The price range does not include separate proposals to make child tax credits and other benefits to lower-income Americans

World stocks firm as stimulus fuels optimism towards economic growth

U.S. S&P500 futures rose 0.25% in early Asian trade, trading just below a record high level touched last week, while Japan's Nikkei ticked up 0.1%

White House announces "Help is Here Tour" to promote Covid relief plan

Biden and other top officials will promote the coronavirus relief package next week by hitting the road on what the White House called as "Help is Here Tour"

Wall Street rallies on US stimulus and vaccine hopes as bond markets calm

NEW YORK (Reuters) - Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.