fiscal and monetary policy

Inter-ministerial group discusses inflation


September 2nd, 2011 - 9:44 pm ICT by IANS
New Delhi, Sep 2 (IANS) An inter-ministerial group headed by the finance minister's chief economic advisor Kaushik Basu held its meeting Friday to review the situation of inflation, which ... Read more...

Posted in Business |

Low fiscal deficit will boost private investment: Mukherjee


March 4th, 2011 - 8:23 pm ICT by IANS
New Delhi, March 4 (IANS) Low market borrowings by the government and reduced fiscal deficit in the upcoming fiscal year will boost private investment and help reduce the public ... Read more...

Posted in Business |

Inflation eases in January, remains a concern, says Mukherjee


February 14th, 2011 - 7:02 pm ICT by IANS
New Delhi, Feb 14 (IANS) India's annual inflation based on wholesale prices eased marginally to 8.23 percent in January, staying well above the comfort zone, but the government hoped it will ... Read more...

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Wholesale price inflation eases to 8.23 percent


February 14th, 2011 - 3:25 pm ICT by IANS
New Delhi, Feb 14 (IANS) India's annual inflation based on wholesale prices eased marginally to 8.23 percent in January as against 8.43 percent in the previous month, according to official data released ... Read more...

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No room for complacency on inflation: Mukherjee


September 14th, 2010 - 8:36 pm ICT by IANS
New Delhi, Sep 14 (IANS) Wholesale price index (WPI) inflation, which declined to 8.51 percent in Aug from 9.78 percent in the previous month, does not offer room for complacency and ... Read more...

Posted in Business |

Pranab Mukherjee arrives in Korea to attend G-20 Finance Ministers’ meet


June 3rd, 2010 - 4:49 pm ICT by ANI
Busan (S. Korea), June 3 (ANI): Union Finance Minister Pranab Mukherjee arrived today in Busan, South Korea on a three days visit to attend G-20 Finance Ministers meeting to be held ... Read more...

Posted in World |

Pranab Mukherjee looks to promising financial year


February 27th, 2010 - 11:23 pm ICT by ANI
New Delhi, Feb 27(ANI): Union Finance Minister Pranab Mukherjee on Saturday admitted that the last two years have been tough for the country's economy, as he inaugurated 82nd annual session of ... Read more...

Posted in National |

Food inflation may spread to other sectors, says economic panel


February 19th, 2010 - 10:06 pm ICT by ANI
New Delhi, Feb 19(ANI): Spiraling food inflation in the country could spread into other sectors, posing a risk to the projected growth rate of 8.2 percent in 2010-11, the Prime Minister's Economic ... Read more...

Posted in National |

After recovery, phase out subsidies: IMF to India


February 5th, 2010 - 12:48 am ICT by IANS
By Arun Kumar Washington, Feb 4 (IANS) The International Monetary Fund (IMF) has asked India to phase out subsidies and introduce market-based pricing for petroleum products following its rapid recovery from the global ... Read more...

Posted in Business |

IMF asks out of woods India to go for financial sector reforms


February 4th, 2010 - 10:17 pm ICT by IANS
By Arun Kumar Washington, Feb 4 (IANS) Noting that India's rapid recovery from the global financial crisis has brought fiscal and monetary policy trade-offs to a head earlier than in other countries, ... Read more...

Posted in Business |

De-hoarding, selective imports can tame food inflation: Kaushik Basu


December 19th, 2009 - 11:12 pm ICT by IANS
Kolkata, Dec 19 (IANS) Measures like de-hoarding and imports of selective items can tame the country's soaring food inflation, a senior finance ministry official said Saturday. "Inflation is a concern. The inflation is ... Read more...

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Stimulus to continue till robust recovery takes place in developed markets: Mukherjee


November 10th, 2009 - 5:24 pm ICT by ANI
New Delhi, Nov.10 (ANI): The Indian economy has been able to fare well in spite of the adverse impact of the global economic crisis, due to the strength of its domestic ... Read more...

Posted in Business |

Fiscal stimulus will continue: Mukherjee (Lead)


October 27th, 2009 - 9:03 pm ICT by IANS
New Delhi, Oct 27 (IANS) Finance minister Pranab Mukherjee Tuesday ruled out any roll back of the stimulus package in a hurry and welcomed the stance taken by the central bank ... Read more...

Posted in Business |

Monetary policy on expected lines: Mukherjee


October 27th, 2009 - 2:57 pm ICT by IANS
New Delhi, Oct 27 (IANS) The monetary policy review by the central bank is on expected lines with no major change in key rates, and works in tandem with the fiscal ... Read more...

Posted in Business |

‘India has fared better than others in global economic crisis’


June 26th, 2009 - 8:29 pm ICT by IANS
United Nations, June 26 (IANS) Warning against protectionist tendencies to address the global economic crisis, India has said that while it has fared much better than others, developing countries must get space ... Read more...

Posted in Business |

Global recovery is set to begin, says bank report


June 16th, 2009 - 9:33 am ICT by IANS
By Gurmukh Singh Toronto, June 16 (IANS) The worst is over for the global economy and a recovery is likely to begin later this year, says a bank report released here Monday.The global ... Read more...

Posted in World |

Japan to give $2 bn for fund to help developing nations


November 15th, 2008 - 5:33 pm ICT by IANS
Tokyo, Nov 15 (DPA) Japan has agreed to provide $2 billion to launch a fund with the World Bank to help recapitalise struggling financial institutions, especially in developing nations.The World Bank was ... Read more...

Posted in Uncategorized |

Double digit inflation a threat, say industry lobbies


June 20th, 2008 - 5:10 pm ICT by IANS
New Delhi, June 20 (IANS) Indian industry lobbies have expressed concern over inflation crossing the double digit mark Friday. "At 11.05 percent, inflation is reaching the concern zone," the Confederation of Indian ... Read more...

Posted in Business |

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