Monetisation of the deficit is the printing of money to finance government spending Suyash Choudhary, Head of Fixed Income at IDFC AMC on Thursday raised the possibility that monetisation of the fiscal deficit may already be underway at the Reserve Bank of India (RBI).

To put it in layman’s terms, monetisation of the deficit is the printing of money to finance government spending. This process is usually not carried out in normal circumstances as it can lead to inflation.

However, the extraordinary demands placed on the government due to the Covid-induced lockdown leaves the central bank with few alternatives.

The fiscal deficit is the government’s total revenue minus its total expenditure. Before the crisis, the central government had

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Tripura govt imposes night curfew from February 11 amid Covid-19 spread. See details

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

India covid-19 information

Police: Teen shot multiple times inside Mantua store and killed

Police in Philadelphia's Mantua neighborhood investigate after a 19-year-old male was shot multiple times and killed inside a store. MANTUA - Philadelphia Police are investigating a shooting homicide inside a Mantua business that killed a 19-year-old male.The shooting happened on the 3700 block of Wallace Street Wednesday, a little after 9 p.m., inside a corner store.Officials say responding officers found the teen suffering from multiple gunshot wounds when they arrived.MORE HEADLINES:Medics pronounced the teen dead at the scene.Police say no weapon has been found and no arrests have been made.___Tips can be submitted by calling 215-686-TIPS (8477) or texting PPD TIP (773847).

city Philadelphia Twitter BLOCK

Wanted: Woman charged for luring man to MS-13 ambush, where he was hacked by machete and shot to death

HOUSTON - A woman is on the run after being charged with murder for luring a man to his ambush death at the hands of machete-wielding MS-13 gang members.Authorities are now asking for the public's help in finding Karla Jackelin Morales. Harris County District Attorney Kim Ogg announced on Wednesday that a reward is being offered for information that leads to her capture.CLICK HERE FOR MORE ON CRIME & PUBLIC SAFETY"She helped plan and plot this vicious execution, and somebody out there knows where she is hiding," Ogg said.

city Houston county Harris death information Man

Hejaaz Hizbullah finally goes home after nearly two years in detention

COLOMBO (News 1st); Attorney-at-Law Hejaaz Hizbullah on Wednesday (9) walked out of the Puttlam High Court without handcuffs after he was held for nearly two years in detention.Hejaaz Hizbullah was released on a cash bail of Rs. 100,000/- and two surety bails of Rs.

Hejaaz Hizbullah Sri Lanka 2020 prevention

Sri Lanka considering House Arrest for those convicted of minor offenses

COLOMBO (News 1st); Sri Lanka’s Department of Prisons is considering the option of introducing house arrest for those imprisoned for minor offenses.The option is being considered as a measure to minimize congestion across Sri Lankan prisons, and it will be implemented as a five-year program.The Department of Prisons said the House Arrest program will be introduced in Sri Lanka similar to those used overseas, as an alternative to imprisoning people convicted of minor offenses.It added that this program will not only reduce the number of those convicted for minor offenses serving their sentences in prison and reduce congestion, but it will also cut down state expenditure.In addition, the Department of Prisons also hopes to introduce the House Arrest program for those who fail to pay their fines and allow them to be employed in order to pay the said fine and be released from House Arrest.House Arrest:This is given to some offenders as an alternative to jail time or prison sentencing.When ordered to stay under house arrest, the individual must stay confined to their house and wear an electronic monitoring device (currently used overseas) to ensure they are sticking to the terms of confinement.

Sri Lanka Department

Suspect surrenders after hours long standoff at West Philadelphia home, police say

PHILADELPHIA - Authorities gathered outside a home in West Philadelphia on Wednesday night after police said a recently evicted tenant locked himself inside with two young children.Officers from the Philadelphia Police Department were called to a home on the 5500 block of West Girard Avenue just before 8 p.m.According to police, a 36-year-old man who was recently evicted from the property changed all the locks and violated a Protection From Abuse order. The suspect, who has not been named, locked himself inside the home with a 2-year-old and 3-year-old. After more than two hours inside the home, police said the suspect surrendered peacefully and no injuries were reported.MORE LOCAL HEADLINES___DOWNLOAD: FOX 29 NEWS APP | FOX 29 WEATHER AUTHORITY APPSUBSCRIBE: Good Day Digest Newsletter | FOX 29 Philly on YouTubeAdvertisementFOLLOW: Facebook | Instagram | Twitter

gatherings Department BLOCK

Colorado mom who fatally abused 7-year-old daughter sentenced to 16 years

Photo of Olivia Grant during a ride along with the Denver Police Department in 2017. DENVER - A Colorado mother who fatally abused her 7-year-old daughter and lied about her health to get handouts from charities worth at least $100,000 was sentenced to 16 years in prison as part of a plea deal that threw out murder charges.Judge Patricia Herron issued the sentence Wednesday after Kelly Turner pled guilty last month to child abuse resulting in the 2017 death of the girl, Olivia Gant, and to charitable fraud and theft.Previous charges of first-degree murder, attempt to influence a public servant and forgery were dropped as part of an agreement with prosecutors.Turner said nothing during her virtual sentencing hearing but wiped away tears as prosecutors played a video made by Olivia’s grandfather Lonnie Gautreau of Olivia laughing and smiling, baking a cake, dancing in a princess costume, playing doctor with her dolls and singing songs."This truth about Olivia has caused such a deep pain that it continues to ravage me every day," said a statement from Gautreau that was read at the hearing by a prosecutor.

city Denver state Colorado hospital death doctor old

Some Albertans celebrate end of the restrictions exemption program

While some are questioning the timing of Alberta lifting the restrictions exemption program, others like bar and restaurant owners say it will help their bottom line and reduce the pressure on their staff to enforce the vaccine passport. Dan Grummett explains.

Dan Grummett vaccine

Joe Rogan Addresses COVID Stance & N-Word Scandal In New Standup: 'I Talk S**t For A Living'

Joe Rogan is speaking out about all the controversies he’s recently been making headlines for…

Joe Rogan state Texas Austin, state Texas covid-19 Hollywood reports

Dollywood offers to pay tuition for employees

according to the website. "The education benefit package is available to all team members on the first day of their employment. It will allow employees at all levels to pursue their personal and professional dreams," the website said.The resort will also cover any additional fees and textbook costs. "Our goal at Dollywood Parks and Resorts is to provide the best possible experience for both our guests and our hosts," Eugene Naughton, president of The Dollywood Company, said in a news release.

state Tennessee Dreams Provident Parke

Trudeau slams Canada trucker protests, police threaten arrests

Canadian police have threatened to arrest trucker-led protesters who have shut down central Ottawa and disrupted cross-border trade in anger at Covid health rules, as Prime Minister Justin Trudeau lambasted the movement as "unacceptable."

Justin Trudeau Jen Psaki Usa Canada county Ontario city Ottawa county Canadian city Detroit county Windsor state Montana World

Fourth dose of Covid-19 vaccine ‘conceivable’ to protect against Omicron variant: Fauci

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

India covid-19 information vaccine

Edmonton exploring its own municipal restrictions exemption program

Edmonton city council is weighing its options when it comes to introducing its own COVID-19 health measures. Councillors voted in favour Wednesday of exploring a municipal proof of vaccination program. Kim Smith explains.

Kim Smith city Edmonton covid-19 Health Citi

Alberta Premier Jason Kenney explains timing of vaccine passport ending

Alberta’s Restrictions Exemption Program is no more and soon, other COVID-19 health restrictions will also be lifted. Alberta Premier Jason Kenney joined Gord Steinke to talk about the timing and where the province goes from here.

Jason Kenney Gord Steinke covid-19 vaccine Health

Trucker protests: Trudeau says government has helped people grappling with demonstrations in Alberta, Ottawa ‘every step of the way’

During Tuesday’s session of question period, NDP Leader Jagmeet Singh asked Prime Minister Justin Trudeau what concrete steps the government has taken to help people grapple with the Coutts, Alta. trucker convoy and Ottawa anti-mandate protests.

Justin Trudeau Jagmeet Singh city Ottawa Government

Alberta parents, school officials react to COVID-19 masking changes

Alberta students will not have to wear masks in schools come Monday — and parents are split on their feelings about the changes. Breanna Karstens-Smith reports.

covid-19 mask reports

Alberta businesses divided over vaccine passport elimination

It was designed to curb spiking COVID-19 case rates and to encourage vaccination, but Alberta Premier Jason Kenney says the passport program has done its job. Some businesses are applauding the move while others say it’s far too premature to eliminate the provincial restrictions exemption program.

Jason Kenney covid-19 vaccine reports

COVID-19: City committee votes against exploring vaccine passport program just for Calgary

The City of Calgary will not be implementing its own COVID-19 vaccine passport program — at least for now — after a city committee voted against exploring the idea on Wednesday. Adam MacVicar reports.

Adam Macvicar covid-19 vaccine Citi

Goodell: NFL won’t tolerate racism, vows changes amid Dolphins fallout

INGLEWOOD, CALIFORNIA - FEBRUARY 09: NFL Commissioner Roger Goodell addresses the media on February 09, 2022 at the NFL Network's Champions Field at the NFL Media Building on the SoFi Stadium campus in Inglewood, California. (Photo by Rob Carr/Getty INGLEWOOD, Calif. - Under a baking California sun, Roger Goodell knew the heat was coming.At his annual Super Bowl news conference, the NFL commissioner was grilled on two hot topics that have put the league under heavy scrutiny: racism and discrimination in hiring.

Roger Goodell Michael Reaves Brian Flores Rob Carr state California state Florida county Garden county Miami city Inglewood, state California sports Action Fallout

Central Bucks West choir director charged with recording former student as he undressed

BUCKINGHAM TOWNSHIP, Pa. - A Central Bucks West High School choir director has been charged with hiding cameras inside a bedroom in his home in order to record a former student as the student undressed.Joseph Ohrt, a Buckingham Township resident, faces one count of interception, disclosure or use of a wire, electronic or oral communications and four counts of possession, sale, distribution, manufacture or advertisement of electronic, mechanical or other devices and telecommunication identification interception devises, all felonies in the third degree.An investigation began May of 2021 by Central Bucks Regional Police Department and the Bucks County District Attorney’s Office after receiving a Childine tip of an alleged sexual assault of a former student by Ohrt.MORE HEADLINES:The victim, a 2016 graduate of Central Bucks West, was a member of the choir. He stated that in his junior year, Ohrt mentored him in music composition.

county Bucks city Kansas City Department Man Manufacturing

Snoop Dogg takes over Death Row Records, label that launched his career

Snoop Dogg of hip-hop supergroup Mt. Westmore performs at Rupp Arena on November 20, 2021 in Lexington, Kentucky. (Photo by Stephen J. Cohen/Getty Images)LOS ANGELES (AP) - Snoop Dogg has taken over a popular record label that launched his stellar career.The rapper-mogul acquired Death Row Records’ brand from MNRK Music Group, which is controlled by a private equity fund managed by Blackstone, the i nvestment firm announced Wednesday.

Snoop Dogg Los Angeles state Kentucky county Lexington death Extreme Career

Former MLB player Jeremy Giambi dead at 47

FILE - Outfielder Jeremy Giambi #7 of the Oakland Athletics poses for a studio portrait during Spring Training Photo Day in Phoenix, Arizona. Former MLB player Jeremy Giambi has died, the Oakland Athletics confirmed on Wednesday.

Philadelphia Phillies Derek Jeter New York state California county Day city Boston state Arizona county Los Angeles city Kansas City reports Citi Career

Kanye West's Mental Health Does Not Excuse This Behavior! | Perez Hilton

If U were Kim Kardashian, would you force your daughter to be off Tik Tok to keep Kanye West happy???? This and much more on our latest podcast! CLICK HERE to watch this episode of The Perez Hilton Podcast with Chris Booker!

Kim Kardashian Chris Booker Health behavior

More than 56,000 boosters given yesterday; 306 community cases; 12 in hospital

The Big Boost Week is now in full swing with 56,257 booster doses administered across New Zealand yesterday, bringing the total so far to more than 1.7 million.

New Zealand testing vaccine reports

Windsor asks for help to end protest

The city of Windsor is asking for federal and provincial aid to deal with a protest that has stopped incoming truck shipments across the Ambassador Bridge. Seán O’Shea reports.

reports Citi

Almost all restrictions affecting Alberta children gone soon

There was a ton of information to unpack from Tuesday’s COVID-19 announcement by Premier Jason Kenney, including the end of the mask mandates for students.

Jason Kenney Nicole Stillger covid-19 information mask

Oscars 2022: Surprising COVID-19 Vaccine Info Revealed

You might be surprised by this decision that was just made for the 2022 Oscars ceremony on March 27.

Hollywood Reporter Los Angeles covid-19 testing vaccine

Valentine’s Day deals to get back at your ex

Topo Chico Hard Seltzer announced it is selling prickly valentines to send to a special ex-someone. "Bolder (and sharper) than your typical bouquet of flowers, each Prickly Valentine comes with a mini-cactus and commemorative card," the seltzer brand revealed in a press release.There is currently a limit of one cactus per customer, and an alcohol purchase is required. You can make a "point" to that lousy person and order here.With a $10 donation this Valentine's Day, The Florida Aquarium will also let you name a roach after an ex.Those who participate will receive a certificate commemorating the occasion and a photo of the roach. Participants will also be able to send a message with "words you wish you had said" or a "funny revenge confession." The aquarium said amusing, family-friendly confessions will be posted with anonymity on The Florida Aquarium’s social media. An, don't worry – they'll never "Hiss & Tell" who sent them! You can get started here.Meanwhile, the San Antonio Zoo will also host its Cry Me a Cockroach Fundraiser for its third year, where funds raised support the zoo’s vision of securing a future for wildlife. The Madagascar Hissing Cockroach.

Steve Russell state Florida city San Antonio Madagascar stars donates Department

What is the consumer price index and how is it used to measure inflation?

Sale stickers on a store shelf. A seven percent increase in the consumer price index (CPI) over the 12 months to December was the highest since 1982.

Washington hospital Department reports

COVID-19 hospitalizations decrease slightly as Alberta’s vaccine passport program officially expires

COVID-19 decreased slightly on Wednesday as Alberta’s vaccine passport program officially expired.Premier Jason Kenney announced Tuesday that the restrictions exemption program would be lifted at midnight. The REP came into effect in September, and required Albertans to show proof of double vaccination or a negative rapid test result to obtain entry to businesses operating under the program.

Jason Kenney covid-19 testing vaccine

B.C. bringing in vaccine mandate for all remaining health-care workers

COVID-19, the province is finally implementing the policy.Provincial health officer Dr. Bonnie Henry announced on Wednesday family doctors, dentists, chiropractors, physiotherapists and pharmacists will be required to be vaccinated by March 24, 2022.Henry said there is a process in place for medical exemptions, which can be submitted to her office.“We have been working with the colleges to sort through the details on the notice we put forward in October.

Bonnie Henry covid-19 vaccine Health

Rapid tests to be made available for free at Ontario grocery stores, pharmacies

Whether you’re heading to the pharmacy to pick up a prescription or doing your groceries, you’ll now be able to pick up a kit of rapid antigen tests for free. It comes as COVID-19 cases across Ontario are on the decline and the province prepares to lift additional public health measures of the coming weeks.

Brittany Rosen covid-19 testing Health

Road closures put in place around Queen’s Park ahead of possible protest

Toronto Police has put in place a number of road closures over rumblings on social media that a protest connected to the Ottawa convoy could come to the city. Erica Vella has more.

Erica Vella city Ottawa Citi Parke

2 men charged in string of New Castle County residential burglaries

NEW CASTLE, Del. - Police in New Castle County arrested two men they say are behind a string of home burglaries. Police say the men chose their victims because of their ethnicity.They say crimes similar to these have been reported to multiple police agencies from outside the state, including as far south as Georgia.Watches, jewelry, designer bags and sneakers.

China India Pakistan state Delaware county New Castle Georgia Vietnam Twitter reports Target

Smithsonian Museum is asking for pictures from Disney vacations

FILE - Crowds fill Main Street USA in front of Cinderella Castle at the Magic Kingdom on the 50th anniversary of Walt Disney World. Vacation photos have a new use.The Smithsonian National Museum of American History is asking for vacation photos from Disneyland in California or Disney World in Florida.

Orlando Sentinel Usa state California state Florida Parke Landmark

Govt. program does not pay for crack pipes, White House says

Man holding a crack pipe. WASHINGTON (AP) - Following outrage on the political right, the Biden administration said Wednesday that a grant program to help prevent additional harm to people who use illicit drugs will not pay for safer pipes to smoke crack or meth."No federal funding will be used directly or through subsequent reimbursement of grantees to put pipes in safe smoking kits," Health and Human Services Secretary Xavier Becerra and White House drug policy adviser Rahul Gupta said in a statement.White House press secretary Jen Psaki said separately that was never the intention, complaining that impression was created by "inaccurate reporting."Monday was the deadline for service organizations and state and local governments to apply for a share of $30 million in federal money for "harm reduction" efforts intended to prevent disease, injury and other collateral trauma to people addicted to illicit drugs.RELATED: 93,000 Americans died of overdoses last year, a new recordThe original request for funding proposals from the Substance Abuse and Mental Health Services Administration had listed "safe smoking kits/supplies" among the items that could be purchased with taxpayer money.

Xavier Becerra Jen Psaki Usa Washington prevention Health reports

COVID-19: Ontario health minister says ‘not in the clear’ yet to end proof of vaccination, masking

As Alberta and Saskatchewan drop most COVID-19 restrictions, Ontario Health Minister Christine Elliott said on Wednesday there was no plan to drop the proof of vaccination or masking requirements yet as the province is “not in the clear” to do so.

Christine Elliott covid-19 vaccine Health

The Healing: Black men yoga takes shape to combat mental health

CHICAGO - When friends Tristan Lewis and Andrew Smith invited a few Black men to take part in a yoga class in Chicago in 2020, they didn’t know it would spur a nationwide movement.The two men created The Healing, a nonprofit aimed at promoting mental health for Black men and offering resources for improvement. Services include events where participants can share with each other about various struggles or sessions with mental health professionals.Most notably, the organization offers virtual yoga classes for Black men with the next one scheduled to place on Feb.

Andrew Smith Usa city Chicago death 2020 Health

Camden officials distribute KN95 masks, as slow rollout of free masks nationwide begins

CAMDEN, N.J. - Thousands of KN95 masks, recently donated by Cooper University Hospital, were given out in Camden County Wednesday, by city officials, in an effort to help halt the spread of COVID-19.Last month, the U.S. Government announced it would be handing out 400 million N95 masks to everyone in the country and those masks have started to appear in some stores.

state New Jersey county Camden Government mask Camden

Green Day singer Billie Joe Armstrong's stolen classic car recovered in OC

LOS ANGELES, CALIFORNIA - NOVEMBER 24: Billie Joe Armstrong of Green Day performs onstage during the 2019 American Music Awards at Microsoft Theater on November 24, 2019 in Los Angeles, California. (Photo by Kevin Winter/Getty Images for dcp) ORANGE, Calif. - The Costa Mesa Police Department announced Wednesday the cherished classic car belonging to Green Day’s lead vocalist, Billie Joe Armstrong, has been recovered days after it was reported stolen.Green Day, formed in San Francisco's East Bay Area, is a Grammy award-winning rock band whose biggest hits include "Wake Me Up When September Ends," "When I Come Around," and "Holiday." The band's music is also featured in the musical "American Idiot." On the morning of Feb.

Billie Joe Kevin Winter Usa state California San Francisco Los Angeles, state California city Los Angeles, state California county Wake county Green Department reports BAY

Lanarkshire locals encouraged to beat winter blues with health walks

Lanarkshire locals are being encouraged to shake off the winter blues with free health walks throughout the area.

county Morrison sports Coronavirus Health

‘It’s a lot’: At least 2M Quebecers infected during fifth wave of COVID-19 pandemic

COVID-19: Quebec announces staggered reopening plan through to mid-March Nearly one million infections have occurred since Dec. 31, Boileau said.The government on Tuesday presented a road map to gradually lifting restrictions over the coming weeks, with most expected to be gone by March 14 — except mask mandates and the vaccine passport system.

province While hospital covid-19 Health

Global COVID cases top 400 million as levels decline again

The global COVID-19 total has passed the 400 million mark early into the third year of the pandemic, with cases last week declining in the world's fourth and biggest surge, fueled by the more transmissible Omicron variant.

Iran Japan city Tokyo Palestine Jordan region Mediterranean death pandemic vaccine

Police: Gunman opens fire on officer during shootout in Germantown, no injuries reported

PHILADELPHIA - No one was injured after a gunman opened fire on a Philadelphia police officer during a shootout Wednesday afternoon in Germantown.Philadelphia Police Sergeant Eric Gripp told reporters that two plainclothes officers in an unmarked car were patrolling the 4800 block of Keyser Street around 2 p.m. when they came upon a shootout between a 23-year-old and a 20-year-old. The officer in the passenger's seat identified himself as police and ordered both men to drop their weapons when one of the men fired towards the officer, Gripp said. The officer ducked behind cover as the suspect attempted to flee down Keyser Street. According to investigators, the officer that was still inside the vehicle drove after the suspect and fired once through the windshield but missed. Both suspects were uninjured and captured nearby due to a massive police response, Gripp said.Investigators believe something happened between the men before police arrived that involved more than just the two gunmen. Gripp said police are still looking for other suspects, but he did not provide a description. "It just continues to speak to level the gun violence that we're seeing almost every day in this city," Gripp said.

Eric Gripp city Germantown BLOCK reports Provident

CDC head says COVID-19 mask guidance stands, for now

Today Rochelle Walensky, MD, MPH, the director of the Centers for Disease Control and Prevention (CDC), said the agency is working on updating and evaluating its mask guidance, but said COVID-19 transmission and hospitalization rates were still high throughout the country, and the recommendation of masking in indoor settings regardless of vaccination status remains in place.

Kathy Hochul New York Usa city New York state New York state Massachusets state Oregon county Los Angeles covid-19 vaccine mask

Body of missing Philadelphia woman, Kim Ezell, found on Delaware college campus, family says

Kim 'Darlene' Ezell (Family Handout) NEWARK, Del. - The body of a missing Philadelphia woman has been found weeks after she was reported missing when authorities found her roommate dead inside their home, family members tell FOX 29.The family of Kim Ezell says authorities informed them that they identified a body that was found in a vehicle at the Delaware Technical Community College - Stanton Campus in Newark as their mother. Ezell, 59, was also known as Darlene. Family members say Ezell last spoke to her daughter on the phone on Jan.

Philadelphia state Delaware city Newark, state Delaware death information reports

Judge restores visiting rights for Quebec father unvaccinated against COVID-19

Quebec judge suspends unvaccinated man’s visitation rights with child With the suspension due to end Tuesday, the child’s mother had asked the court for it to be extended.The father, who described the suspension of his parental rights as “draconian,” argued that he is not a conspiracy theorist and that while he does not plan to be vaccinated, he will respect all public health regulations during visits with his son, who is vaccinated against COVID-19.Paquette ruled that the man, who has not had any parenting time with his son since Dec.

covid-19 vaccine Health rights

COVID-19: 116 patients at LHSC, MLHU adds 139 cases but no deaths

Middlesex-London Health Unit reported zero deaths and 139 COVID-19 cases on Wednesday, compared with two deaths and 190 cases last Wednesday. Wednesday marks only the second day this month that no new deaths were reported, the other being Monday.LHSC is caring for 116 inpatients with COVID-19, 22 of whom are in adult critical care.As noted, LHSC is caring for 116 COVID-19 inpatients, with 22 inpatients in adult critical care.

covid-19 vaccine reports

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Is government printing away the deficit?

Related News