Tuesday, August 27, 2019

Govt may widen stimulus scope after RBI’s Rs 1.76 trillion bounty

Govt may widen stimulus scope after RBI’s Rs 1.76 trillion bounty While announcing the first stimulus package to revive growth on August 23, Finance Minister Nirmala Sitharaman said it was ‘only the start’ and one more set of announcements, focused on the sluggish real estate sector, would be announced this week.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/govt-may-widen-stimulus-scope-after-rbi’s-rs-176-trillion-bounty_12934581.html

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...