fiscal policies

Belgium calls for early signing of India-EU free trade pact


August 3rd, 2012 - 8:09 pm ICT by IANS
New Delhi, Aug 3 (IANS) Belgium Friday made a strong pitch for an early conclusion of the free trade agreement between India and European Union (EU), saying it would significantly ... Read more...

Posted in Business |

Inflation to soften by mid-October: Kaushik Basu


July 3rd, 2012 - 8:51 pm ICT by IANS
Chennai, July 3 (IANS) Inflation would continue at the 7.5 percent level till September this year, after which it is likely to go below 7 per cent, Kaushik Basu, chief ... Read more...

Posted in Business |

`Brazil ready to tackle ripple effects of eurozone crisis’


May 23rd, 2012 - 1:22 pm ICT by IANS
Rio de Janeiro, May 23 (IANS) Brazilian Finance Minister Guido Mantega has said that his country is ready to cope with any possible ripple effects the eurozone debt crisis may ... Read more...

Posted in Business |

IMF chief calls for eurobonds to combat crisis


January 24th, 2012 - 2:40 pm ICT by IANS
Berlin, Jan 24 (IANS) International Monetary Fund (IMF) chief Christine Lagarde Monday called for a bigger rescue fund in the 17-member eurozone and the creation of the eurobonds in order ... Read more...

Posted in Business |

China’s quarterly GDP growth to drop below 9 percent


January 16th, 2012 - 5:52 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...

Posted in Business |

China’s quarterly GDP growth expected to drop below 9 percent


January 16th, 2012 - 3:37 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...

Posted in Business |

Manmohan Singh arrives after G20 summit


November 5th, 2011 - 9:36 am ICT by IANS
New Delhi, Nov 5 (IANS) Prime Minister Manmohan Singh arrived here Saturday after attending the two-day G20 summit at Cannes in French Riviera, where the focus was on resolving ... Read more...

Posted in World |

Manmohan Singh heads for G20 Summit in Cannes Wednesday


October 29th, 2011 - 6:50 pm ICT by IANS
New Delhi, Oct 29 (IANS) Prime Minister Manmohan Singh heads for the G20 Summit in Cannes in the French Riviera Wednesday, with a somewhat limited role for India this ... Read more...

Posted in World |

Fitch maintains Brazil’s investment rating at BBB


October 26th, 2011 - 1:50 pm ICT by IANS
Rio De Janeiro, Oct 26 (IANS) Fitch Ratings said it had decided to maintain Brazil's BBB investment grade credit rating and predicted the outlook for the South American country would ... Read more...

Posted in Uncategorized |

Need better coordination in fiscal, monetary policies: Pranab


October 21st, 2011 - 4:31 pm ICT by IANS
New Delhi, Oct 21 (IANS) Finance Minister Pranab Mukherjee Friday said there was need for better coordination between fiscal and monetary policies to effectively tackle the global economic turmoil."The ... Read more...

Posted in Business |

No deal between government, opposition: BJP


August 3rd, 2011 - 6:10 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Bharatiya Janata Party (BJP) Wednesday denied that a deal had been struck between the government and the opposition on a discussion in parliament ... Read more...

Posted in Uncategorized |

South Africa wants new IMF chief from developing world


May 18th, 2011 - 8:25 pm ICT by IANS
Johanesburg, May 18 (IANS) South Africa Wednesday gave a call to the International Monetary Fund (IMF) to select somebody from the developing world as its new chief.The South African call ... Read more...

Posted in Business |

Rangarajan calls for tight monetary policy to deal with inflation


February 21st, 2011 - 6:19 pm ICT by ANI
New Delhi, Feb 21 (ANI): Dr. C. Rangarajan, the chairman of the Prime Minister's Economic Advisory Council, today said India needed a tight monetary and fiscal policy to deal with high inflation.Releasing ... Read more...

Posted in Business |

Fiscal consolidation slowing in India, China: IMF


January 28th, 2011 - 10:49 am ICT by IANS
By Arun Kumar Washington, Jan 28 (IANS) Despite the improving global outlook, the pace of fiscal consolidation this year is slowing in some key countries, including India, China and Brazil, according to the ... Read more...

Posted in Business |

Indian economy to grow robustly with inflationary pressure: IMF


January 6th, 2011 - 6:57 pm ICT by ANI
Washington, Jan. 6 (ANI): An International Monetary Fund (IMF) report has said that the real gross domestic product (GDP) of India will grow at nearly nine percent during the period of April ... Read more...

Posted in Business |

Akali Dal wants Manpreet Badal to quit assembly seat


November 16th, 2010 - 7:04 pm ICT by IANS
Chandigarh, Nov 16 (IANS) Upset with the good response being drawn by expelled leader and former finance minister Manpreet Singh Badal, the ruling Shiromani Akali Dal in Punjab Tuesday asked him to ... Read more...

Posted in Politics |

Student protest Ahluwalia’s visit in Kolkata


August 28th, 2010 - 9:09 pm ICT by ANI
By Ajitha MenonKolkata, Aug 28 (ANI): A group of students here on Saturday protested the visit of the Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, to the Presidency College.The students ... Read more...

Posted in National |

Conflict between monetary, fiscal policies exaggerated: Rangarajan


August 7th, 2010 - 4:19 pm ICT by IANS
Hyderabad, Aug 7 (IANS) Economic Advisory Council chairman C. Rangarajan Saturday said the conflicts between fiscal policy and monetary policy were exaggerated but called for coordination between the two. "I think monetary policy ... Read more...

Posted in Business |

Pranab urges composite approach on price rise


August 5th, 2010 - 8:42 pm ICT by IANS
New Delhi, Aug 5 (IANS) As the opposition's attempted to corner the government in the Rajya Sabha on the price rise, Finance Minister Pranab Mukherjee turned the tables on them Thursday ... Read more...

Posted in Business |

‘US jobs market still bleak’


July 22nd, 2010 - 8:26 am ICT by IANS
Washington, July 22 (DPA) US Federal Reserve Chairman Ben S Bernanke said Wednesday that the country's economy was continuing to expand moderately, thanks to stimulative monetary and fiscal policies, but jobs ... Read more...

Posted in Business |

Canada largely agrees with India on fiscal stimulus, exit


June 27th, 2010 - 9:06 pm ICT by IANS
Toronto, June 27 (IANS) In an stand similar to that of India's, Canadian Prime Minister Stephen Harper Sunday proposed a calibrated approach in tackling the global financial crisis by ... Read more...

Posted in Business |

PM arrives in Frankfurt en route to Toronto


June 25th, 2010 - 11:58 pm ICT by ANI
By Ashok DixitFrankfurt, June 25 (ANI): The Prime Minister, Dr. Manmohan Singh, arrived in the German city of Frankfurt shortly after 5.30 p.m. local time on Friday.He was received by ... Read more...

Posted in World |

Manmohan to pitch for durable, balanced growth at G20


June 25th, 2010 - 12:56 pm ICT by IANS
New Delhi, June 25 (IANS) India will pitch for "durable, balanced and sustainable" global growth at the G20 summit in Toronto to meet its developmental goals, Prime Minister Manmohan Singh said ... Read more...

Posted in Politics |

Pakistan unearths graft of Rs.6.98 trillion


May 4th, 2010 - 10:36 pm ICT by IANS
Islamabad, May 4 (IANS) Pakistan's auditor general has exposed the claims of good governance and better fiscal policies of the government by unearthing widespread financial irregularities of a whopping Rs.6.98 trillion in ... Read more...

Posted in South Asia |

We can’t always follow populist fiscal policies: PM (Second Lead)


March 1st, 2010 - 11:22 pm ICT by IANS
By Aroonim Bhuyan On Board Air India One, March 1 (IANS) Prime Minister Manmohan Singh virtually ruled out any rollback in the price hike of petrol and diesel as announced in the ... Read more...

Posted in Business |

Prime Minister hints at no fuel price rollback


March 1st, 2010 - 11:11 pm ICT by ANI
By Naveen KapoorOn Board Air India One, March 1 (ANI): Prime Minister Dr. Manmohan Singh on Monday hinted that his Government may not initiate a rollback on fuel prices, and said ... Read more...

Posted in World |

PM hopes to see moderation in food prices (Lead)


March 1st, 2010 - 10:48 pm ICT by IANS
By Aroonim Bhuyan On Board Air India One, March 1 (IANS) Prime Minister Manmohan Singh Monday expressed the hope that with new rabi crop coming into the market, prices of wheat, sugar, ... Read more...

Posted in Business |

PM satisfied with monetary, fiscal policies


October 25th, 2009 - 7:07 pm ICT by IANS
Hua Hin (Thailand), Oct 25 (IANS) Prime Minister Manmohan Singh said Sunday that the monetary policy was the exclusive domain of the Reserve Bank of India (RBI) and expressed satisfaction with ... Read more...

Posted in Business |

SCO can play greater role in meltdown recovery: India


October 15th, 2009 - 12:32 am ICT by IANS
New Delhi, Oct 14 (IANS) India Wednesday asked the Shanghai Cooperation Organisation (SCO) regional grouping to play a more active role in mitigating the current global financial crisis. "The need to revive the ... Read more...

Posted in Business |

After recession, world economy to grow by 3 percent in 2010: IMF (Lead)


October 1st, 2009 - 1:59 pm ICT by IANS
By Arun Kumar Washington, Oct 1 (IANS) As the world economy comes out of a deep global recession, global activity is forecast to expand by about 3 percent in 2010 after contracting by ... Read more...

Posted in Business |

ADB raises growth forecast for India (Second Lead)


September 22nd, 2009 - 3:31 pm ICT by IANS
New Delhi, Sep 22 (IANS) Owing to increased public spending and improved business confidence, the Asian Development Bank (ADB) has hiked its growth forecast for India from 5 percent to 6 percent ... Read more...

Posted in Business |

G-20 countries will continue stimulus packages: Pranab


September 7th, 2009 - 6:21 pm ICT by ANI
New Delhi, Sep. 7 (ANI): G-20 countries have decided to continue with the stimulus packages till the global economy is fully revived, Finance Minister Pranab Mukherjee said on Monday.The club of ... Read more...

Posted in World |

New century belongs to India, claims Scindia


August 18th, 2009 - 9:02 pm ICT by IANS
New Delhi, Aug 18 (IANS) The country' strong performance even amid the global economic slowdown shows that the new century belongs to India, Minister of State for Commerce and Industry Jyotiraditya Scindia ... Read more...

Posted in Business |

Agriculture situation disturbing, says RBI governor


August 14th, 2009 - 8:42 pm ICT by IANS
Hyderabad, Aug 14 (IANS) Reserve Bank of India (RBI) governor D. Subbarao Friday said the state of agriculture following poor rainfall was disturbing. Subbarao said that RBI was monitoring the drought-like situation and ... Read more...

Posted in Business |

Global recovery has begun, says Bank of Canada


July 22nd, 2009 - 1:21 pm ICT by IANS
Toronto, July 22 (IANS) The Bank of Canada, the central bank of the most robust of the G8 economies, has said that global recovery from the financial crisis has begun. In its economic ... Read more...

Posted in Business |

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