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IMF, Global Financial Regulators Set Out Roadmap To Curb Crypto Risks
Global financial regulators and the International Monetary Fund (IMF) on Thursday set out a roadmap to coordinate measures that stop crypto assets from undermining macroeconomic and financial stability.
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Assam Government Introduces Bill Mandating Installation of CCTV Cameras in Public Spaces
The Assam government introduced a new bill seeking to make it mandatory for owners of spaces that have congregations of people to install CCTVs. The bill mandates the use of surveillance equipment, like CCTV cameras and surveillance footage will have to be stored for 30 days and made available to the government as and when required. Failure to inst...
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What Market Watchers Say About China Unrest And The Global Impact
Comments from market watchers on the China unrest after Chinese stocks slumped as recent monetary easing measures failed to offset investor worries.
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IMF Eyes Expanded Access To Emergency Aid For Food Shocks: Report
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.
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Singapore Might Restrict Retail Access To Cryptocurrencies: Central Bank
Singapore's central bank Monetary Authority of Singapore is contemplating adding frictions on retail access to cryptocurrencies through various measures including customer suitability tests and restricting the use of leverage and credit facilities for such trading.
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Ahead Of RBI Monetary Policy, SBI Economists Suggest Status Quo On Key Rates
State Bank of India's economists have suggested delaying liquidity normalisation measures via reverse repo hike
-
Reserve Bank Of India Expected To Keep Rates Steady, May Take Take Liquidity Measures
The RBI's monetary policy committee (MPC) will likely keep the key lending rate or the repo rate unchanged at 4 per cent for a sixth straight meeting.
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Budget 2021: Extend Ayushman Bharat Scheme For Pandemic Support, Says IMF
Budget 2021: IMF's Chief Economist Gita Gopinath has favoured the extension of pandemic support measures, thrust on investment in infrastructure, and divestment path for commercially viable companies
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Jobs, Credit, Farm Focus In Nirmala Sitharaman's Atmanirbhar Bharat 3.0
Finance Minister Nirmala Sitharaman on Thursday announced a third set of measures, worth Rs 2.65 lakh crore, under the government's Atmanirbhar Bharat package aimed at rescuing the economy out of a historic contraction caused by the coronavirus pandemic. Largely focused on creating jobs and boosting the nascent recovery visible in various sectors, ...
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RBI Cheers Bond Market Despite Keeping Rates On Hold
The benchmark 10-year bond yield dropped as much as 10 basis points to 5.92 per cent on Friday. The measures were announced alongside a monetary policy committee decision.
-
Early Green Shoots Of Economic Revival In May, June, Says Government Amid COVID-19 Crisis
India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...
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RBI Governor Says GDP Growth Expected To Remain In Negative Territory In 2020-21: Highlights
RBI Governor Shaktikanta Das announced the second cut in the repo rate - or the key interest rate at which the RBI lends funds to commercial banks - this year.
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Nirmala Sitharaman's 4th Set Of "Atma Nirbhar Bharat" Measures: 10 Things To Know
Finance Minister Nirmala Sitharaman on Saturday announced structural reforms for eight sectors, including introduction of commercial mining in coal and easier foreign investment norms for defence manufacturing. The moves came as the Finance Minister shared details of the fourth instalment of measures as part of the government's "Atma Nirbhar Bharat...
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Nirmala Sitharaman Details First Set Of Moves Under "Atma Nirbhar Bharat" Package: 10 Points
Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...
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What MSMEs May Get Including Wages For Workers: 10 Points
The government may pay three-month salaries of employees of small and medium businesses hit by coronavirus and weeks of lockdown, sources said on Wednesday. It also plans to guarantee up to Rs 3 lakh crore of loans to MSMEs or Micro, Small and Medium Enterprises to help them tide over the virus crisis. On Tuesday, PM Modi announced Rs 20 lakh crore...
-
IMF, Global Financial Regulators Set Out Roadmap To Curb Crypto Risks
Global financial regulators and the International Monetary Fund (IMF) on Thursday set out a roadmap to coordinate measures that stop crypto assets from undermining macroeconomic and financial stability.
-
Assam Government Introduces Bill Mandating Installation of CCTV Cameras in Public Spaces
The Assam government introduced a new bill seeking to make it mandatory for owners of spaces that have congregations of people to install CCTVs. The bill mandates the use of surveillance equipment, like CCTV cameras and surveillance footage will have to be stored for 30 days and made available to the government as and when required. Failure to inst...
-
What Market Watchers Say About China Unrest And The Global Impact
Comments from market watchers on the China unrest after Chinese stocks slumped as recent monetary easing measures failed to offset investor worries.
-
IMF Eyes Expanded Access To Emergency Aid For Food Shocks: Report
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.
-
Singapore Might Restrict Retail Access To Cryptocurrencies: Central Bank
Singapore's central bank Monetary Authority of Singapore is contemplating adding frictions on retail access to cryptocurrencies through various measures including customer suitability tests and restricting the use of leverage and credit facilities for such trading.
-
Ahead Of RBI Monetary Policy, SBI Economists Suggest Status Quo On Key Rates
State Bank of India's economists have suggested delaying liquidity normalisation measures via reverse repo hike
-
Reserve Bank Of India Expected To Keep Rates Steady, May Take Take Liquidity Measures
The RBI's monetary policy committee (MPC) will likely keep the key lending rate or the repo rate unchanged at 4 per cent for a sixth straight meeting.
-
Budget 2021: Extend Ayushman Bharat Scheme For Pandemic Support, Says IMF
Budget 2021: IMF's Chief Economist Gita Gopinath has favoured the extension of pandemic support measures, thrust on investment in infrastructure, and divestment path for commercially viable companies
-
Jobs, Credit, Farm Focus In Nirmala Sitharaman's Atmanirbhar Bharat 3.0
Finance Minister Nirmala Sitharaman on Thursday announced a third set of measures, worth Rs 2.65 lakh crore, under the government's Atmanirbhar Bharat package aimed at rescuing the economy out of a historic contraction caused by the coronavirus pandemic. Largely focused on creating jobs and boosting the nascent recovery visible in various sectors, ...
-
RBI Cheers Bond Market Despite Keeping Rates On Hold
The benchmark 10-year bond yield dropped as much as 10 basis points to 5.92 per cent on Friday. The measures were announced alongside a monetary policy committee decision.
-
Early Green Shoots Of Economic Revival In May, June, Says Government Amid COVID-19 Crisis
India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...
-
RBI Governor Says GDP Growth Expected To Remain In Negative Territory In 2020-21: Highlights
RBI Governor Shaktikanta Das announced the second cut in the repo rate - or the key interest rate at which the RBI lends funds to commercial banks - this year.
-
Nirmala Sitharaman's 4th Set Of "Atma Nirbhar Bharat" Measures: 10 Things To Know
Finance Minister Nirmala Sitharaman on Saturday announced structural reforms for eight sectors, including introduction of commercial mining in coal and easier foreign investment norms for defence manufacturing. The moves came as the Finance Minister shared details of the fourth instalment of measures as part of the government's "Atma Nirbhar Bharat...
-
Nirmala Sitharaman Details First Set Of Moves Under "Atma Nirbhar Bharat" Package: 10 Points
Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...
-
What MSMEs May Get Including Wages For Workers: 10 Points
The government may pay three-month salaries of employees of small and medium businesses hit by coronavirus and weeks of lockdown, sources said on Wednesday. It also plans to guarantee up to Rs 3 lakh crore of loans to MSMEs or Micro, Small and Medium Enterprises to help them tide over the virus crisis. On Tuesday, PM Modi announced Rs 20 lakh crore...
