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There is no doubt that government expenditure has to remain high. The actual stimulus is a consequence of the level of deficit that is being maintained. The Budget indicates a deficit of 6.8% for the Centre. The states will have another 4%.
Day trading guide for Monday's marketBank Nifty broke its multiple support of 22000 zones and gave a lowest daily close in last 20 trading sessions. It formed a Bearish candle on daily and weekly scale by underperforming the Nifty index from the last couple of t… Read MoreShares, currencies tentative as attention shifts to US election, stimulusMSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84. Australian and New Zealand shares both opened in the red while South Korea's KOSPI was … Read MoreBank of India gets shareholders approval for raising Rs 8,000 crShareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing.
from Stocks-Markets-Economic Times https://ift.tt/3ccL… Read MoreGovt and RBI working on e-KYC facility for non-banksThe government has been hesitant to give non-banks entities the access to the Unique Identification Authority of India’s (UIDAI) database following the complaints of misuse of it
from Stocks-Markets-Economic Times https://if… Read MoreKKR’s India InvIT eyes FRV assetsFRV had been in discussion with various power producers, investors such as Hero Future Energies, EverSource and Edelweiss to sell India assets, which did not fructify.
from Stocks-Markets-Economic Times https://ift.tt/3iJYlf… Read More
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