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IANSLive
New Delhi, June 2 (IANS) Recommending a slew of relief measures, including regulatory easing, an ASSOCHAM paper has said that the government should consider wage support mechanism and interest subvention for the MSMEs, which are reeling under the severe impact of the Covid-19 pandemic that has shown its heightened fury in the second wave.
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IANSLive
Mumbai, Jun 2 ((IANS) The expansion of the Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government on May 30, will help companies in sectors such as civil aviation, hotels and tour operators, where demand has been severely affected by the intense second wave of the Covid-19 pandemic, Crisil said on Wednesday.
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The two-day shopping extravaganza will offer Prime members over 2 million deals across every category, including fashion, electronics, toys, home decor, automotive, and more, the company said in a statement.The
Central banks may taper stimulus soon
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Govt debt is at unprecedented levels and continued money-printing is beginning to impact inflation and create asset price bubbles
Stock markets that have managed to convince themselves that central bank liquidity will continue for a long time will soon have to wake up to taper. For most central banks have begun preparing the ground for an exit. While some central banks such as the Bank of Canada have begun reducing the quantum of bond purchases, others are seriously considering increase in policy rates.
The central bank that everyone closely monitors due to its overarching impact on global liquidity the Federal Reserve is however treading extremely cautiously. The Fed Chairman has been stoic and the latest policy meeting statement went all out to assure markets that accommodative policy will be maintained for as long as it takes.