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Modi Govt Planning Stimulus Package For Sectors Worst Affected By Covid-19 Second Wave Prime Minister Narendra Modi with Finance Minister Nirmala Sitharaman. (Arvind Yadav/Hindustan Times via Getty Images)  With an aim to help the economic activity that is suffering with restrictions and lockdowns, the Modi government is preparing a stimulus package for sectors worst affected by Covid-19 pandemic and its deadly second wave in the country. The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, re...

FPIs invest ₹2.74-lakh crore in equity markets during FY21 PTI New Delhi | Updated on April 06, 2021 × Inflows were positive in all months, except in April (₹6,884 crore) and September (₹7,783 crore) The Finance Ministry on Tuesday said India witnessed strong foreign portfolio investment (FPI) inflows into the equity markets to the tune of ₹2,74,034 crore during 2020-21, despite the outbreak of Covid-19. This reflects steadfast confidence of foreign investors in the fundamentals of the Indian economy, the Ministry said in a statement. During the financial year 2020-21, only in Apri...

Updated Feb 01, 2021 | 11:56 IST Finance Minister Nirmala Sitharaman said that the preparation of this Budget was undertaken in circumstances like never before. Union Finance Minister Nirmala Sitharaman.  |  Photo Credit: BCCL New Delhi: While presenting the Budget for 2020-21 in the Lok Sabha on Monday (February 1), Finance Minister Nirmala Sitharaman said that the preparation of this Budget was undertaken in circumstances like never before, in view of calamities that have affected a country or a region within a country.  She further stated that the Centr...

This is how you should plan for the end of stimulus measures 13 January 2021 How Fashion Retail Should Prepare for the Stimulus Packages Ending The end of the stimulus package on the 28 th March 2021 couldn’t occur at a worst time for fashion retailers coming at the end of the traditional slow months of January to March, 12 months of Covid disruption, less revenue due to the recession, lock downs, and changing shopper habits. Leaving aside trading up to Christmas retailers have 3 months from 1st January 2021 to 28 th March 2021 to plan for 28 th March stimulus ending. For retailers not rec...

Bangladesh is no stranger to disaster management. Since independence it has dealt with numerous natural disasters as well as political unrest and overhauls. Despite these past experiences, the Covid-19 pandemic was something that it couldn't have prepared for—especially due to its global nature and scope—even though it can be argued that having a well-funded and better managed healthcare sector could have made a big difference.  Unfortunately, Bangladesh is no stranger to corruption either, particularly during times of emergencies. In the first week of April, at the height of the pandemi...