Government to announce stimulus package for media

September 30th, 2009 Obama to announce $5 billion from stimulus for NIHWASHINGTON — The National Institutes of Health is getting $5 billion in economic stimulus funds to support research into cures for cancer and other diseases, and to create jobs. President Barack Obama was making the announcement Wednesday at the NIH campus in Bethesda, Md., with Health and Human Services Secretary Kathleen Sebelius (seh-BEEL'-yuhs).

July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Monday said that the stimulus package given to the print media in February 2009 has been further extended for another six months from June 30 to December 31. Presenting the Union Budget for the year 2009-10 in Lok Sabha on Monday, Mukherjee said: "In February 2009, the print media was given a stimulus package comprising waiver of 15 per cent agency commission on DAVP advertisements and a 10 per cent increase in the DAVP rates to be paid as a 'Special Relief' subject to documentary proof of loss of revenue in non-governmental advertisements." (ANI)

July 6th, 2009 NEW DELHI - The government Monday extended the economic stimulus package for the print media by six months till Dec 31. "Since the print media is still passing through difficult times, the stimulus package for the print media is being extended till December 31, 2009," Finance Minister Pranab Mukherjee said while presenting the budget for fiscal 2009-10 in the Lok Sabha.

May 14th, 2009 Obama defends his stimulus packageRIO RANCHO, N.M. — President Barack Obama says if the government hadn't stepped in to help, the economy would have gone into a tailspin.

April 29th, 2009 Aide says Palin will OK most stimulus fundsANCHORAGE, Alaska — Alaska Gov. Sarah Palin will sign bills accepting most of the federal stimulus funds available to the state, her spokeswoman said Tuesday.

April 26th, 2009 China set to spend $10B more of stimulus packageBEIJING — The Chinese government is preparing to spend 70 billion yuan ($10.3 billion) in the next portion of its previously announced stimulus plan, a state newspaper reported. The planned investment, which will be mainly used on infrastructure projects, will be announced within a week, the Economic Observer said Saturday, citing an unidentified official from the National Development and Reform Commission, China's top economic planning body.

April 21st, 2009 Japan to submit record budget for stimulus packageTOKYO — Japan will submit a record extra budget to finance its massive stimulus package aimed at lifting the world's second-largest economy out of the deepest recession since World War II, officials said Tuesday. Finance Minister Kaoru Yosano said the government would submit the budget to parliament on Monday and plans to issue bonds worth 10.82 trillion ($110 billion) yen to help finance the spending.

April 6th, 2009 TOKYO - The Japanese government plans to draw up a supplementary budget for fiscal year 2009 with an economic stimulus package of more than 10 trillion yen ($100 billion), Finance Minister Kaoru Yosano said Monday. During a meeting with Yosano, Prime Minister Taro Aso ordered him to draft a fresh stimulus plan amounting to more than two percent of the nation's gross domestic product, Jiji Press quoted the finance minister as saying.

February 13th, 2009 WASHINGTON - The US House of Representatives Friday approved the $787 billion stimulus package, an unprecedented attempt by the American government to aid the country's economy. The package was approved by a vote of 246- 83 but with no Republican support.

February 11th, 2009 WASHINGTON - US lawmakers reached a compromise deal Wednesday on a record economic recovery package, which could allow the plan to pass both houses of Congress before the end of the week. The Senate and House of Representatives ironed out differences in separate versions of the stimulus bill and knocked the total price tag down to $789 billion, including a mixture of tax cuts and government spending projects to pull the US out of its worst recession in decades.

February 9th, 2009 WASHINGTON - The US' economic recovery package overcame a decisive hurdle in the Senate, which voted to close debate on an $827-billion compromise bill that would be the largest in US history. The Senate Monday voted 61-36 to invoke cloture on the stimulus legislation, setting the stage for a final vote in the chamber Tuesday.

February 4th, 2009 NEW DELHI - The government will come out with a 'stimulus like package' by the end of this month to help the country's corporate sector tide over the impact of the current global financial crisis, Commerce Secretary G.K. Pillai said Thursday.

January 23rd, 2009 WASHINGTON - As he discussed his $825 billion stimulus package for the US economy with Congressional leaders President Barack Obama at one point curtly told opposition Republicans: 'I won.' Citing sources familiar with the conversation, the Politico, a publication focusing on Congressional politics, said the exchange Friday arose as top House and Senate Republicans expressed concern to the president about the amount of spending in the package. Obama listened to Republican gripes about the stimulus package, but he also left no doubt about who's in charge of these negotiations, it said citing the exchange.

January 19th, 2009 NEW DELHI - There will be no tax breaks before the budget, the government said here Tuesday. 'I don't expect tax breaks between now and the budget session,' said Planning Commission Deputy Chairman Montek Singh Ahluwalia.

December 23rd, 2008 NEW DELHI - In a bid to help the economy tackle the global financial meltdown, the government is expected to come out with its second stimulus package within the next three days, commerce Minister Kamal Nath said here Wednesday. 'We are looking at financial, some liquidity issues, export, and something to stimulate demand and realty also,' Kamal Nath told reporters.