Fitch cuts India outlook to negative, Pranab responds (Lead)
June 18th, 2012 - 9:46 pm ICT by IANS
New Delhi, June 18 (IANS) Fitch Ratings Monday downgraded India's economic outlook to negative from stable, saying the country's growth outlook could deteriorate if policy-making and governance do not ... Read more...
Posted in Business |
Fitch downgrades India’s rating to ‘negative’
June 18th, 2012 - 8:41 pm ICT by IANS
Chennai, June 18 (IANS) Credit rating agency Fitch Ratings Monday revised downward India's outlook to "negative" from "stable" owing to corruption and inadequate reforms.It, however, affirmed the country's long term ... Read more...
Posted in Business |
EU suspends financial aid to Hungary due to its budget deficit
March 14th, 2012 - 11:20 pm ICT by BNO News
BRUSSELS, Belgium (BNO NEWS) -- The European Union (EU) on Tuesday announced that it has decided to suspend the 495.2 million euros ($648 million) in scheduled commitments for Hungary due to the ... Read more...
Posted in Business |
China to continue proactive fiscal, prudent monetary policies
March 5th, 2012 - 2:09 pm ICT by IANS
Beijing, March 5 (IANS) China will continue to follow a proactive fiscal policy and a prudent monetary policy in 2012 and make policies more targeted, flexible and forward-looking, according to ... Read more...
Posted in Business |
Deficits falling in India, emerging economies: IMF
April 12th, 2011 - 9:23 pm ICT by IANS
Washington, April 12 (IANS) While deficits in emerging economies have started falling, adjustment in emerging Asia is limited, except for China and India, the International Monetary Fund (IMF) ... Read more...
Posted in Business |
All-party team meet Shabir Shah, Pandits in Jammu (Night Lead)
September 21st, 2010 - 11:27 pm ICT by IANS
Jammu, Sep 21 (IANS) The all-party delegation visiting Jammu and Kashmir met a cross-section of people here Tuesday and heard the common complaint of a "government deficit" and demand that Chief ... Read more...
Posted in Politics |
Weak public finances threaten India’s creditworthiness: Fitch
May 14th, 2009 - 9:22 pm ICT by IANS
New Delhi, May 14 (IANS) Growing budgetary deficit and weaknesses in its public finances could weaken India's sovereign creditworthiness, said global ratings agency Fitch in a statement Thursday.
Noting that its slowing economy ... Read more...
Posted in Business |
India needs sustainable stimulus, growth forecast 5 percent: ADB (Lead)
March 31st, 2009 - 12:35 pm ICT by IANS
Manila, March 31 (Xinhua) India's economic growth will slow to 5 percent in 2009, and authorities should adopt more sustainable stimulus plans to ensure long-term inclusive growth, the Asian Development Bank (ADB) ... Read more...
Posted in World |
China’s fiscal deficit manageable: Premier
March 13th, 2009 - 12:33 pm ICT by IANS
Beijing, March 13 (Xinhua) China's fiscal deficit is manageable, Premier Wen Jiabao said here Friday.
While meeting the press after the annual parliament session, Wen said that his judgement was based on ... Read more...
Posted in World |
China ups spending, deficit at six-decade high (Lead)
March 5th, 2009 - 6:47 pm ICT by IANS
Beijing, March 5 (Xinhua) China Thursday announced a fiscal deficit budget of 950 billion yuan ($139 billion) for 2009, the highest in six decades, as the country boosts spending to cushion the ... Read more...
Posted in World |
US budget deficit to reach $490 bn in 2009
July 29th, 2008 - 4:23 am ICT by IANS
DPA
Washington, July 29 (DPA) The US' budget deficit will climb to a record of nearly $490 billion in 2009, the White House said in a revised forecast Monday, blaming the rise on ... Read more...
Posted in Business |