Stimulus

February 06, 2023 06:19 AM IST

Big stimulus unlikely as China considers steps to support consumers

In recent weeks, top policymakers have repeatedly signalled their intention to work towards harvesting the consumer power of China's 1.4 billion people, after economic growth in 2022 slumped to one of its weakest levels in nearly half a century.

Japan plans more stimulus to tackle inflation, low yen

Prime Minister Fumio Kishida told ministers to draft the relief package by the end of October so it can be passed by parliament this year, government spokesman Hirokazu Matsuno told reporters.

China needs more stimulus to boost growth, PBOC paper says

In a front-page report Tuesday, the newspaper said Beijing should introduce new pro-growth policies at the appropriate time to keep growth within a reasonable range, citing Wen Bin, chief economist at China Minsheng Bank.

US consumer prices post largest annual gain in 40 years as inflation becomes widespread

High inflation, which has overshot the Fed's 2 percent target, could imperil Biden's economic agenda. Financial markets speculate a hefty 50-basis point interest rate hike from the Federal Reserve next month

Fed stance heightens risks for emerging markets

Pace at which US Fed intends to roll back accommodative monetary policy can unnerve markets. While upbeat wage growth signifies robust demand conditions leading to better earnings prospects, there is a high risk for valuation contraction due to lower liquidity

Markets in search of a direction as year-end nears

Once market participants are able to assess the impact of these factors on future earnings and market performance, we shall see a new leadership emerging in the markets.

FM Nirmala Sitharaman on next stimulus package: ‘Not taken final call, consulting states’

FM Nirmala Sitharaman’s statement came at a time when chorus for another stimulus package has grown amid massive stress on the economy due to curbs linked to COVID-19 second wave

US markets expected to continue giving good returns to Indian investors: Sitashwa Srivastava of Stockal

After the onset of the lockdown, we at Stockal saw a 300% growth in Indian investors on the platform. In terms of volumes, Stockal processed $400 million worth of transactions during this financial year, says Srivastava.

As Turkey goes cuckoo, lessons in monetary policy for India

The lesson of respecting central bank independence becomes all the more important when we remember that Turkey and India are both members of the ‘Fragile Five.’

Gold price today: Yellow metal above Rs 50,000, silver trades with negative bias

Experts are of the view that investors should use the dips, if any, to buy into precious metal. Gold could face some resistance around Rs 50,100 while silver Futures could face hurdles near Rs 66,100.

Aatmanirbhar Bharat 3.0: Impact is Rs 1.5 lakh crore versus govt claim of Rs 2.65 lakh crore

Finance Minister Nirmala Sitharaman said that the size of ‘Aatmanirbhar Bharat 3.0’ package amounted to Rs 2.65 lakh crore. However, calculations by Moneycontrol and by independent analysts show that it may not be more than Rs 1.5 lakh crore.

3-Point Analysis | Economy under review, more stimulus packages not ruled out

Recently, the government announced steps to stimulate consumer demand consisting of measures like Rs 10,000 festive advance for government employees, Rs 12,000 crore for 50-year interest-free loan to states to boost the economy, a payment of cash in lieu of LTC, etc

Weak dollar triggers risk-on trades across equity markets

The rally in the US has rubbed off on all major markets, despite complete pandemonium in almost all economies

Wield the magic wand to trigger demand

Central government needs to tap all available resources and do more to salvage the economy as quickly as possible

Explainer | FM’s ‘no fresh insolvency’ offer comforts builders, but what about homebuyers?

Measure does little to boost housing sales and may curtail remedies available to homebuyers, say legal experts

Big bang reforms paint vision of a prosperous India, but how will we reach there?

In the immediate term, the package does little to boost demand, is inadequate although it adds up to a notional 10 percent of GDP, and leans too heavily on a spluttering financial system.

The stimulus has come and gone – What’s in it for the markets and investors?

Investors with less appetite for risk should stick to the Nifty

FM’s package 3.0 – Agriculture reforms, at last!

Large investment in infrastructure, both by the government and the private sector, will be required to give a choice to farmers to sell to a buyer of their choice.

'Reforms in land, labour and law may help to drive investments in India'

The reforms on land, labour, and law is still awaited which might be beneficial to drive overall investments in the economy and should have the highest multiplier effect albeit in the medium-term.

Stimulus effect: Industry lobby writes to Sitharaman, wants startups included in MSMEs

The sector wants to be included in the financial package announced by the government.

FM’s package: Maximum economic impact with minimal fiscal outgo

Day 1 of FM stimulus announcement was a no-show for markets

Since the entire set of measures would be revealed over the next few days, the market would stay nervous until it gets the entire details. Volatility is likely to remain high for the rest of the week.

FM’s stimulus: Lower EPF deduction to put more money in the hands of employees

“The move to cut EPF will help increase the take home pay of employees. It will also reduce the cost to the employers, especially for international workers where the company picks up the cost,” said Saraswathi Kasturirangan, Partner, Deloitte India.

Gold price today: Yellow metal trades flat on firm equities; buy on dips for a target of 47K

Experts advise investors to use dips to buy the yellow metal for a target of Rs 47,000 per 10 gm.

MSMEs are bearing the brunt of the lockdown

Out of the 420 companies listed on the SME segment of BSE and NSE, nearly 70 percent are trading below their offer price