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Canada should make fiscal support a priority over debt management as economy recovers, OECD says - Vimarsana News

Canada should make fiscal support a priority over debt management as economy recovers, OECD says

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Policy makers in Canada need to keep supportive measures in place as the economy recovers from the COVID-19 pandemic before turning to debt management, the Organization for Economic Co-operation and Development said Thursday. In a report, the Paris-based group said Canada’s growth prospects have brightened as vaccines are roll...

NY Fed's Williams: GDP growth this year could be strongest in decades - Vimarsana News

NY Fed's Williams: GDP growth this year could be strongest in decades

A combination of strong fiscal support and continued vaccine distributions could help lift the U.S. economy as it recovers from the coronavirus pandemic and lead to the strongest growth in decades, New York Federal Reserve Bank President John Williams said Thursday. "With strong federal fiscal support and continued progress on vaccination, GDP growth this year could be the strongest we’ve seen in decades," Williams said in remarks prepared for a virtual event organized by One Hundred Black Men of New York, a nonprofit organization that provides scholarship, mentoring and educ...

Source: yahoo.com
Government has no business to be in business, says PM Modi - Vimarsana News

Government has no business to be in business, says PM Modi

Prime Minister Narendra Modi said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has

S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report - Vimarsana News

S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report

S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report 2021-01-08 07:30:00 Daniel Moss, Analyst S&P 500 Index, Non-Farm Payrolls, ADP Employment, Fiscal Support, Blue Wave – Talking Points: Equity markets gained ground during APAC trade as investors cheered the prospect of further fiscal support. US equity markets may continue to gain ground ahead of the volatility-inducing non-farm payrolls report for December. S&P 500 index eyeing a push to key Fibonacci resistance after hurdling the psychologically impo...

Centre, States need to step up fiscal support: RBI paper - Vimarsana News

Centre, States need to step up fiscal support: RBI paper

Centre, states need to step up fiscal support: RBI paper SECTIONS Share Synopsis Public investment in healthcare, social housing, education and environmental protection is the need of the hour to build a more resilient and inclusive economy, said the study. Agencies Financial accommodations availed by states under various facilities available with the central bank have risen significantly in the first half of FY21. MUMBAI: A Reserve Bank of India (RBI) research paper said that both the Centre and states need to give more fiscal support to revive the economy as tax revenues, which had plunged ...