By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Biden’s $1.9 trillion Covid relief plan calls for…
President-elect Joe Biden on Thursday unveiled the details of a $ 1.9 trillion coronavirus rescue package designed to support households and businesses through the pandemic.The proposal, called the American Rescue Plan, includes several familiar stimulus…
Coronavirus relief bill makes it easier for companies…
The government's stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit.Mark Chilton | iStock | Getty ImagesStudent loan assistance, which started as a niche offering by…
European markets rise after Trump signs Covid relief…
LONDON — European markets rose at the start of the last trading week of 2020, as traders reacted to Brexit developments and President Donald Trump signing a $ 900 billion Covid-19 relief bill into law.France's…
New Covid relief bill boosts tax breaks for…
Vladimir Vladimirov | E+ | Getty ImagesGiving to charity is about to pay off a little more — that is, if the latest Covid relief bill becomes law.The $ 908 billion pandemic relief bill features…
Good news for parents: Covid relief bill allows…
FatCamera | E+ | Getty ImagesPeople using flexible spending accounts to put away money for dependent care could get a big break from the latest Covid relief bill: They will likely be able to use…
Covid relief bill adds PPP tax breaks the…
House Speaker Nancy Pelosi, D-Calif., leaves a meeting on Capitol Hill on Dec. 18, 2020.Saul Loeb | AFP | Getty ImagesLawmakers extended an additional lifeline to small businesses in the next round of Covid stimulus:…
Congress sets sites on climate change in Covid…
Patrick Pleul/picture alliance via Getty ImagesThe coronavirus relief bill passed by Congress toughens rules around use of a common heat-trapping chemical and funnels billions of dollars into renewable energy.The measures, attached to a year-end government…
Stock futures mixed as Houses passes Covid relief…
U.S. stock futures were mixed on Monday evening after a volatile day on Wall Street that saw the Dow Jones Industrial Average erase a 400-point deficit.Futures contracts tied to the Dow were lower by 57…