Page 81 - Latest Updates on Nirmala Sitharaman
Stock markets fall sharply as stimulus package fails to lift sentiment
The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government
 "Stock markets fall sharply as stimulus package fails to lift sentiment")
FM's Day 2 package: Govt's immediate fiscal cost will be close to Rs 10K cr
The direct spending by the centre, on Thursday's announcements will include Rs 3,500 crore that the centre will spend on providing free foodgrains to 80 million migrants
 "FM's Day 2 package: Govt's immediate fiscal cost will be close to Rs 10K cr")
FM extends Rs 3.2-trillion stimulus to migrant workers and farmers
Migrant workers, farmers, street vendors, middle income groups to benefit ; Experts say implementation will be key, call for package to boost demand now
 "FM extends Rs 3.2-trillion stimulus to migrant workers and farmers")
Stimulus 2.0 won't change outlook for business
The second package focuses mostly on support to businesses, especially MSMEs
Liquidity focus continues
Govt provides immediate relief, but demand boosters missing
 "Liquidity focus continues")
Centre looks to nudge more MSMEs into manufacturing to reduce imports
Sources across ministries confirmed that Narendra Modi's call to "go vocal for local" will be achieved through a host of measures, running into the dozens, and will focus on long-term goals.
 "Centre looks to nudge more MSMEs into manufacturing to reduce imports")
Bonds rally as traders estimate govt's stimulus likely to see limited spend
The yield on the most-traded 6.45 per cent 2029 note dropped 10 basis points to 6 per cent, extending Wednesday's 7-basis point fall.
 "Bonds rally as traders estimate govt's stimulus likely to see limited spend")
Subsidy extension to spur demand for affordable housing, say experts
The scheme, which has been extended to March 2021, offers interest subsidy of 3-4% to middle-income groups, depending on their income levels
 "Subsidy extension to spur demand for affordable housing, say experts")
Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers
Brings 25 million farmers under concessional loan scheme; experts say these measures do nothing to address basic problem of low farm prices and falling demand
 "Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers")
Highlights: FM aims to help migrant workers, Congress says not enough done
Finance Minister Nirmala Sitharaman announced free food grains for 8 crore migrants for 2 months. Stay tuned with Business Standard for FM press conference live updates
 "Highlights: FM aims to help migrant workers, Congress says not enough done")
All 9 Steps FM Nirmala Sitharaman announced in second tranche
Listen to the podcast to know about all the nine measures Finance Minister announced today
 "All 9 Steps FM Nirmala Sitharaman announced in second tranche")
Highlights: Food, housing, jobs for poor in FM's new measures for lockdown
Migrant workers, small farmers and street vendors get attention in Finance Minister Nirmala Sitharaman's new announcements.
 "Highlights: Food, housing, jobs for poor in FM's new measures for lockdown")
Free food grain for migrant workers, easy farm credit in stimulus round 2
As many as 2.5 crore farmers will be provided Rs 2 lakh crore of concessional credit through Kisan Credit Cards
 "Free food grain for migrant workers, easy farm credit in stimulus round 2")
Top headlines: FM announces free food grain, jobs for migrant workers
From railways cancelling trains to 'Work from home' being the new normal, here are the top headlines of the day
 "Top headlines: FM announces free food grain, jobs for migrant workers")
Market Wrap, May 14: Here's all that happened in the markets today
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
 "Market Wrap, May 14: Here's all that happened in the markets today")
FM Sitharaman soon to list second set of stimulus measures to boost economy
Sitharaman on Wednesday announced measures of nearly Rs 5.94 trillion to provide relief to small businesses, taxpayers, shadow banks, power distribution companies among others
Credit guarantee will help to restore the supply chain: Venu Srininvasan
Govt measures will also help to kick-start financial activity during the pandemic, says TVS Motor chairman
 "Credit guarantee will help to restore the supply chain: Venu Srininvasan")
Stimulus will keep NBFCs and MFIs afloat, but won't be able to revive them
It is important to wait for the entire package to come to see if the measures will improve demand in the economy in any manner
 "Stimulus will keep NBFCs and MFIs afloat, but won't be able to revive them")
Coronavirus Update: Major world developments and some good news for India
A lab experiment suggests cats can spread the new coronavirus to other cats without any of them ever having symptoms
 "Coronavirus Update: Major world developments and some good news for India")
FM targeted liquidity issues; sustained upturn in market will take time
The financial markets is expected to behave in a measured manner, given the cautious environment and weakening sentiments
 "FM targeted liquidity issues; sustained upturn in market will take time")
