The blue print for the stimulus is ready that would be announced by FM Nirmala Sitharaman in the next few days, an official said.
Petrol price was increased by 14 paisa per litre to Rs 72.17 and diesel by 15 paisa to Rs 65.58 per litre in New Delhi.
According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.
Industry finds that the stress fund allocated to the housing sector with several riders will not increase demand among homebuyers.
He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up oil prices.
India and US are negotiating a trade package by ironing out trade issues with an aim to promote the two-way commerce.
BIF said the reserve price of 5G spectrum is 'too high', works out to be 4 times higher than other countries.
Govt has tried to cut away human intervention and that is a reason why India was able to rise in ease of doing business rankings.
The wholesale price index (WPI)-based inflation was at 1.08 per cent in July this year and 4.62 per cent in August 2018.