The reason for muted spends during first eight to nine months on the health sector could possibly be attributed to non-provision of other health services during lockdown and for some subsequent months

The government held initial talks on revenue-sharing measures, however, a definitive decision will be taken closer to February 1, when the budget is announced

While the overall vacancy level of less than 10 per cent has helped this segment weather the challenges of 2020, vacancy levels are expected to rise to 14 per cent

Apex bank could take steps to fasten India's economic recovery after the coronavirus, but high inflation will most likely force it to keep the rates unchanged

Under Stimulus 3.0, FM Sitharaman announced a slew of fiscal measures including additional outlay for fertilisers subisidies, Pradhan Mantri Awas Yojana and urban and rural employment schemes

Unprecedented demand for work under the rural job guarantee scheme sees 90 million individuals finding support and 19 million more waiting their turn, but if the fund crunch continues there may not be much to look forward to

The expenditure incurred on these projects till August 2020 is Rs 11,48,621.70 crore, which is 45.47 per cent of the anticipated cost of the projects

Highlighting the importance of infra development, the finance minister recently said money spent on infrastructure and asset creation has a multiplier effect on the economy

Over 30 lakh non-gazetted employees will be benefited by the bonus announcement and total financial implication the decision will be Rs 3,737 crore, says Union minister Prakash Javadekar

The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced by Finance Minister Nirmala Sitharaman

Several critical high-frequency indicators show that in August and September the improvements noticed in June and July reversed; high-frequency data, in any case, tells the story of organised sector but not unorganised sector contributing 45% to GDP

Finance Minister Nirmala Sitharaman projected that the fresh stimulus would boost demand by Rs 73,000 crore during the remainder of FY21. However, experts do not rule out slippage in capex

For boosting consumer spending, the government today announced special tax exemption for Central government employees, who get Leave Travel Concessions (LTC) in a block of 4 years leave encashment of 10 days

Nirmala Sitharman announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy

LTC cash voucher scheme is expected to generate additional consumer demand worth Rs 1 lakh crore, says Finance Minister Nirmala Sitharaman

Centre offers interest-free 50-year loans to States for capital expenditure for Rs 12,000 crores, consisting of three components, says Finance Minister Nirmala Sitharaman

India Stock Market Highlights Today: IndusInd Bank was the top gainer in the Sensex pack, followed by Bajaj Auto, Bajaj Finance, Axis Bank, SBI, Bajaj Finserv, ICICI Bank, HDFC twins and Reliance Industries

COVID-19 pandemic: One in every 250 people on Earth now infectedWith total cases standing at 32.4 million or 0.4 per cent of the world's population, every 250th person on the Earth is now infected with coronavirus. As of September 2020, the world's population stood at 7.8 billion, according to the estimates by the United Nations.The total number of deaths now stand at 983,000.Serum Institute shares, applauds PM Modi's vision: Adar Poonawalla on India's vaccine offer to worldA day after Pr...

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Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south