account deficits

India’s July exports dip 14 percent

August 14th, 2012 - 5:43 pm ICT by IANS
New Delhi, August 14 (IANS) India's July exports declined 14.8 percent, according to data released here Tuesday.Exports stood at $22.4 billion compared to July 2011 when they were $26.3 billion. ... Read more...

Posted in Business |

Steps soon to check fiscal, curent account deficits: Chidambaram (Lead)

July 11th, 2012 - 12:29 am ICT by IANS
Bangalore, July 10 (IANS) In a bid to reboot the economy and return to the high growth path, the United Progressive Alliance (UPA) government would take proactive measures to ... Read more...

Posted in Politics |

RBI must adjust monetary policy: Pranab (Lead)

June 16th, 2012 - 5:55 pm ICT by IANS
Mumbai, June 16 (IANS) The basic strategy to bring the country's economy back on track is by stimulating domestic demand, Finance Minister Pranab Mukherjee Saturday said and exuded confidence ... Read more...

Posted in Business |

India, China drive down deficits in emerging Asia: IMF

September 20th, 2011 - 9:45 pm ICT by IANS
Washington, Sep 20 (IANS) Despite progress in addressing key fiscal weaknesses in many countries like India and China, the global fiscal environment remains subject to a high degree of risk, ... Read more...

Posted in Business |

US rating downgrade won’t hurt Indian exports: Scindia

August 29th, 2011 - 7:22 pm ICT by IANS
New Delhi, Aug 29 (IANS) India's exports, which surged almost 46 percent in the April-June quarter, are unlikely to be much impacted because of the US' credit rating downgrade that ... Read more...

Posted in Uncategorized |

Trade and current account deficits are managed within limits: Manmohan Singh

November 13th, 2010 - 12:35 pm ICT by ANI
On Board Air India One, Nov 13 (ANI): The Prime Minister, Dr Manmohan Singh, has said trade and current account deficits are managed within limits, and added that capital flows will ... Read more...

Posted in National |

India at ease as G20 leaders spar

November 12th, 2010 - 12:29 am ICT by IANS
By Arvind Padmanabhan Seoul, Nov 11 (IANS) India Thursday sat comfortably at the high table of the G20 Summit here Thursday as leaders scrambled to bridge differences over the next steps to ... Read more...

Posted in Business |

64 mn more to live in extreme poverty: World Bank

April 21st, 2010 - 11:40 am ICT by IANS
Washington, April 21 (IANS) The impact of global recession will force an additional 64 million people across the world to live in extreme poverty by 2010, warns the World Bank. The economic crisis ... Read more...

Posted in Business |

Pakistan’s economy improved in first quarter: Central bank

December 30th, 2008 - 3:34 pm ICT by IANS
Islamabad, Dec 30 (IANS) Pakistan's economy improved during the first quarter of the current fiscal, as did some macro-economic indicators that had steeply fallen in 2007-08, the State Bank of Pakistan (SBP) ... Read more...

Posted in South Asia |

Pakistani rupee hits record low at 70 per dollar

July 6th, 2008 - 2:38 pm ICT by IANS
Islamabad, July 6 (IANS) The Pakistani rupee has touched a new low of 70 per dollar, according to the media Sunday. The record drop-off Saturday was due to the rise in dollar ... Read more...

Posted in Business |

Finance Ministry expresses hope in RBIs steps to rein in inflation

June 25th, 2008 - 2:08 pm ICT by ANI
New Delhi, June 25 (ANI): The Finance Ministry today expressed hope that the Reserve Bank of Indias decision of increasing the repo rate by 50 basis points and the CRR by ... Read more...

Posted in Life Style |

World Bank warns Pakistan to take urgent action to avert impending economic crisis

March 28th, 2008 - 1:10 pm ICT by admin
Islamabad, Mar 28 (ANI): The World Bank has warned Pakistan that it might miss key economic targets for the budget and current account deficits, as well as for foreign exchange reserves, ... Read more...

Posted in South Asia |