Page 82 - Latest Updates on Nirmala Sitharaman
Coronavirus LIVE: India cases rise to 78,055; global tally at 4,429,235
Coronavirus LIVE: Stay tuned with Business Standard for Covid 19 LIVE updates on corona cases and death toll worldwide
 "Coronavirus LIVE: India cases rise to 78,055; global tally at 4,429,235")
Market Ahead, May 14: All You Need To Know Before The Opening Bell
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
 "Market Ahead, May 14: All You Need To Know Before The Opening Bell")
Top 10 business headlines: Package for MSMEs, liquidity boost and more
Here are the top 10 business headlines of the day
 "Top 10 business headlines: Package for MSMEs, liquidity boost and more")
Best of BS Opinion: The lockdown hammer, restarting the economy, and more
Here's a selection of Business Standard opinion pieces of the day
Govt move to extend project timelines will help stressed realtors: Experts
Home buyers, on the other hand, will have to wait longer to take possession
 "Govt move to extend project timelines will help stressed realtors: Experts")
Fiscal stimulus package fails to provide succour to the poorest: Opposition
Senior Congress leader P Chidambaram said the need of the hour was to put money into the pockets of the people, particularly the poorest 130 million people
 "Fiscal stimulus package fails to provide succour to the poorest: Opposition")
FM Sitharaman announces big-bang package for MSMEs to revive economy
Rs 6-trn stimulus includes Rs 3 trn of collateral-free loans; Rs 30,000-crore special liquidity scheme for NBFCs, HFCs, MFIs
 "FM Sitharaman announces big-bang package for MSMEs to revive economy")
FM's extension of completion timelines a big relief for construction firms
Many of these firms, which have been grappling with Covid-19 crisis and exodus of migrant labour, will now be able to complete contractual obligations
 "FM's extension of completion timelines a big relief for construction firms")
Rs 20-trn package: Govt reduces EPF contribution for companies for 3 months
At present, 24 per cent of a worker's basic pay is deducted - with 12 per cent each counted as employer's and employee's share - towards the EPF savings
 "Rs 20-trn package: Govt reduces EPF contribution for companies for 3 months")
FM Nirmala Sitharaman's TDS, TCS move will not ease tax burden: Experts
The move will help release liquidity worth Rs 50,000 crore, according to government estimates. Experts, however, feel that its impact will be limited as tax incidence remained the same.
 "FM Nirmala Sitharaman's TDS, TCS move will not ease tax burden: Experts")
Indices jump reined in by global risk aversion amid Covid-19 fears
The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384
 "Indices jump reined in by global risk aversion amid Covid-19 fears")
FM announces Rs 90,000 cr liquidity infusion in power distribution sector
PFC, REC to extend one-time loans with riders
 "FM announces Rs 90,000 cr liquidity infusion in power distribution sector")
Banks, NBFCs may see some rally after Rs 6 trn relief package by FM
Investors may pause to see the entire scheme of funding, and impact on bonds
 "Banks, NBFCs may see some rally after Rs 6 trn relief package by FM")
Fiscal stimulus 2.0: No global firms in govt tenders below Rs 200 crore
For this purpose, the general financial rules (GFR) will be amended to disallow global tender enquiries.
 "Fiscal stimulus 2.0: No global firms in govt tenders below Rs 200 crore")
Covid-19 package: MSME definition changed, loans worth Rs 3-trn announced
Govt announces 10,000 crore fund of funds for MSMEs to grow, cancels global tenders below Rs 200 crore
 "Covid-19 package: MSME definition changed, loans worth Rs 3-trn announced")
Restarting the economy
The first tranche of the stimulus package focuses on liquidity
 "Restarting the economy")
Punjab set to allow home delivery of liquor, likely to impose Covid-19 cess
Excise from sale of liquor is one of the principal sources of revenue for the state government
 "Punjab set to allow home delivery of liquor, likely to impose Covid-19 cess")
Banks to breathe easy as govt's Rs 3.7 trn package brings relief for MSMEs
Wednesday's package also addressed some concerns in power and real estate
 "Banks to breathe easy as govt's Rs 3.7 trn package brings relief for MSMEs")
Sovereign Indian bonds reverse losses on talk of help from RBI
Yields on 10-year bonds slid as much as eight basis points to to 6.08 per cent after surging by as much as 12 basis points earlier.
 "Sovereign Indian bonds reverse losses on talk of help from RBI")
Covid-19 package has nothing for poor, hungry migrant workers: Chidambaram
"Except for the modest MSME package, we are disappointed with today's announcements," he said.
 "Covid-19 package has nothing for poor, hungry migrant workers: Chidambaram")
