As U.S. Tries to Slow Coronavirus Impact, Europe Hunkers Down

Metropolitan areas, states and Washington sought means to mitigate the blow of the coronavirus as companies closed, the European Union planned to shut its borders and fears of a pandemic-induced economic downturn retained marketplaces on edge.

U.S. Treasury Secretary Steven Mnuchin is pitching Senate Republicans on a $1 trillion stimulus strategy that would contain around $250 billion in immediate payments, in accordance to a White House official. The Federal Reserve also took steps to avoid further strains in limited-time period business debt marketplaces. The moves aided…

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Slow growth in farm productivity remains a concern: Suresh Pal

The region has, about the previous 10 years, obtained important progress in agriculture productiveness, but the progress has been pushed by non-crop sectors this sort of as aquaculture, claimed Suresh Pal, eminent agriculture economist and Director of ICAR-National Institute of Agricultural Economics and Plan Investigate (NIAP).

He was addressing the BusinessLine Agri Summit on farm productiveness here on Friday.

He claimed progress in agriculture productiveness has been 3 for every cent in the previous two decades and five for every cent before that. And this progress has occur from States which were being ordinarily weak in agriculture.

In Andhra Pradesh,

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Fiscal deficit hits 132% of estimate till Dec on slow revenue collection

Gordon B. Johnson

The government’s fiscal deficit touched 132.4 for each cent of the whole-year target at December-conclusion mainly due to slower rate of income collections, official facts confirmed on Friday.

In true phrases, the fiscal deficit or gap involving expenditure and income was Rs nine,31,725 crore, the facts produced by the Controller Common of Accounts (CGA) confirmed.

The federal government aims to restrict the gap at 3.3 for each cent of the GDP or Rs 7,03,760 crore in the year ending March 2020.

The deficit was 112.4 for each cent of 2018-19 Finances Estimate (BE) in the corresponding interval.

In accordance to

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