aggregate demand

Exide open to acquiring more firms in home inverter segment


July 17th, 2012 - 11:20 pm ICT by IANS
Kolkata, July 17 (IANS) Exide Industries Ltd, India's largest lead acid storage battery manufacturer and stored energy solutions provider, which had recently diversified into the home inverter segment, is now ... Read more...

Posted in Business |

RBI wants government to deregulate diesel price


January 24th, 2012 - 8:47 pm ICT by IANS
Mumbai, Jan 24 (IANS) The Reserve Bank of India (RBI) Tuesday suggested that the government deregulate the price of diesel fully to help contain aggregate demand and the trade deficit ... Read more...

Posted in Business |

No direct link between rate hike and inflation: Pranab


November 29th, 2011 - 6:16 pm ICT by IANS
New Delhi, Nov 29 (IANS) With inflation remaining stubbornly near double digits in the last two years despite an aggressive monetary tightening policy by the Reserve Bank of India ... Read more...

Posted in Business |

2011 should see improvement in world economy, says Pranab Mukherjee


March 4th, 2011 - 8:21 pm ICT by ANI
New Delhi, Mar 4(ANI): Union Finance Minister Pranab Mukherjee on Friday said that the global financial crisis and one of the deepest economic downturns witnessed in recent decades has compelled the ... Read more...

Posted in National |

Mexico’s central bank raises growth forecast


February 10th, 2011 - 3:15 pm ICT by IANS
Mexico City, Feb 10 (IANS/EFE) Mexico's central bank has announced it has revised upward its forecast for economic growth this year, from a range of 3.2 percent to 4.2 percent to one ... Read more...

Posted in Business |

India, China-like strong trade linkages key to recovery: IMF


June 21st, 2010 - 8:11 pm ICT by IANS
By Arun Kumar Washington, June 21 (IANS) Citing India and China's faster recoveries thanks to their strong trade linkages, the International Monetary Fund (IMF) has advised other emerging market economies (EMs) to similarly ... Read more...

Posted in Business |

Food prices will start falling in 2 months: Rangarajan


March 12th, 2010 - 9:39 pm ICT by IANS
Kolkata, March 12 (IANS) The spiralling food inflation, which has become the biggest concern of people in the country, would start declining in two months after the winter crops come into the ... Read more...

Posted in Business |

Economic growth could exceed 7.75 percent: Mukherjee


December 18th, 2009 - 4:50 pm ICT by IANS
New Delhi, Dec 18 (IANS) Encouraged by a 7.9 percent growth in the Indian economy during the second quarter of this fiscal, the finance ministry Friday said the overall economic expansion ... Read more...

Posted in Business |

Central bank to update monetary policy before noon Tuesday


July 28th, 2009 - 11:16 am ICT by IANS
Mumbai, July 28 (IANS) Reserve Bank of India Governor D. Subbarao will review and update the monetary policy for the current fiscal a little before noon Tuesday amid little expectation of any ... Read more...

Posted in Business |

Pakistan’s central bank cuts policy rate to 14 percent


April 20th, 2009 - 8:51 pm ICT by IANS
Karachi, April 20 (IANS) The State Bank of Pakistan (SBP), the country's central banker has cut its policy rate by 100 basis points to 14 percent, it was announced here Monday. Addressing ... Read more...

Posted in Business |

IMF warns of ‘unusually long, severe recession’


April 16th, 2009 - 11:29 pm ICT by IANS
By Arun Kumar Washington, April 16 (IANS) Warning that the current global recession is likely to be "unusually long and severe" and the recovery sluggish, the International Monetary Fund (IMF) Thursday said restoring ... Read more...

Posted in Business |

“A New Foundation”: Excerpts from the President’s remarks


April 14th, 2009 - 10:14 pm ICT by admin
Washington, D.C. (BNO NEWS) -- President Obama will deliver the following remarks at a key economic speech later Tuesday. The speech is entitled "A New Foundation". A complete transcript is expected soon.Today, ... Read more...

Posted in Politics |

Inflation a matter of concern, admits government


August 22nd, 2008 - 10:21 pm ICT by IANS
New Delhi, Aug 22 (IANS) The government Friday said that soaring inflation, which zoomed to a 16-year high to 12.63 percent for the week ended Aug 9, was "a matter of concern"."The ... Read more...

Posted in Uncategorized |

Fiscal measures will check inflation, says finance ministry


July 29th, 2008 - 3:26 pm ICT by IANS
New Delhi, July 29 (IANS) The finance ministry said the upward revision of the cash reserve ratio (CRR) and repo rate by the central Reserve Bank of India (RBI) Tuesday would help ... Read more...

Posted in Business |

Chidambaram says interest rate hike was necessary


June 25th, 2008 - 2:01 pm ICT by IANS
New Delhi, June 25 (IANS) A day after the Reserve Bank of India (RBI) hiked its short-term lending rate and the minimum cash balance commercial banks have to maintain, Finance Minister P. ... Read more...

Posted in Business |

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