government spending

Gutka ban welcome, needs to be effective, say Delhiites


September 11th, 2012 - 5:56 pm ICT by IANS
New Delhi, Sep 11 (IANS) The Delhi government's decision to ban gutka, a form of chewing tobacco, and related products has been widely welcomed though there is scepticism over how ... Read more...

Posted in Health |

Delhi gets centre’s nod to regularise 917 colonies


August 28th, 2012 - 12:27 am ICT by IANS
New Delhi, Aug 27 (IANS) The union urban development ministry Monday cleared the decks for the Delhi government to regularise 917 unauthorised colonies."We have got the approval from the government ... Read more...

Posted in Business |

Policy reform, cuts in government spending required: RBI


August 23rd, 2012 - 9:36 pm ICT by IANS
Mumbai, August 23 (IANS) The Reserve Bank of India said Thursday that lower interest rates alone would not help put the economy on the growth track, and the government needs ... Read more...

Posted in Business |

Israel mulls junk food tax to check expanding waistlines


August 2nd, 2012 - 7:22 pm ICT by IANS
Jerusalem, Aug 2 (IANS) In a bid to control growing obesity rates in the country, the Israeli government is all set to authorise a plan which will levy a special ... Read more...

Posted in Business |

Government cautious as New Zealand deficit below forecast


July 6th, 2012 - 1:55 pm ICT by IANS
Wellington, July 6 (IANS) The New Zealand government Friday welcomed "encouraging" indications of a shrinking deficit, but sounded a cautious note over the state of the global economy.Figures released by ... Read more...

Posted in Business |

IT spending of Indian enterprises in 2012 likely Rs.1,910 bn: Gartner


May 22nd, 2012 - 10:55 pm ICT by IANS
New Delhi, May 22 (IANS) The IT spending of Indian enterprises is likely to touch Rs.1,910 billion in 2012, a 16.4 percent increase from 2011 spending of Rs.1,640 billion, driven ... Read more...

Posted in Business |

Nobel laureate seeks reversal of US austerity measures


May 3rd, 2012 - 3:30 pm ICT by IANS
Washington, May 3 (IANS) Nobel Prize-winning economist Paul Krugman has called for more government spending and an end to US austerity measures in a bid to jolt the sluggish economy ... Read more...

Posted in Life Style |

Belarus unveils 200,000-ruble banknote


March 13th, 2012 - 1:56 pm ICT by IANS
Minsk, March 13 (IANS) The Belarusian central bank unveiled Monday a 200,000-ruble banknote after huge devaluation of its currency last year.Belarus decided to issue the new currency note in order ... Read more...

Posted in Business |

Argentine lawmakers double their own salaries


February 14th, 2012 - 12:02 pm ICT by IANS
Buenos Aires, Feb 14 (IANS/EFE) Argentine lawmakers' decision to give themselves a 100 percent raise in the face of spending cuts and the executive branch's pleas for restraint sparked a ... Read more...

Posted in Politics |

Obama’s budget goes to the Congress


February 14th, 2012 - 12:55 am ICT by Aishwarya Bhatt
Washington., Feb 13 (THAINDIAN NEWS) Another political battle is looming in Washington as President Barack Obama sends his budget to Congress. The budget will increase taxes on the rich and cut government ... Read more...

Posted in Business |

Philippine GDP growth slows in 2011


January 30th, 2012 - 1:27 pm ICT by IANS
Manila, Jan 30 (IANS) The Philippine economy slowed to 3.7 percent in 2011, dragged down by lower government spending, declining exports and slack farm growth."Amidst the obstinate exogenous economic woes, ... Read more...

Posted in Business |

Downturn temporary, India will clock high growth soon: Pranab


December 27th, 2011 - 6:02 pm ICT by IANS
New Delhi, Dec 27 (IANS) The Indian economy would soon be on a higher growth trajectory with inflation moderating and the savings rate going up, Finance Minister Pranab Mukherjee ... Read more...

Posted in Business |

Dubai’s ruler approves 2012 budget


December 25th, 2011 - 10:51 pm ICT by IANS
Dubai, Dec 25 (IANS/WAM) UAE Prime Minister and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum Sunday approved the emirate's budget for 2012.The budget applies directives as set by ... Read more...

Posted in Business |

White House threatens veto as Republican House defies Obama


December 14th, 2011 - 3:33 pm ICT by IANS
Washington, Dec 14 (IANS) The Republican controlled House of Representatives defied President Barack Obama and passed a plan to extend the payroll tax cut linking it to approval of ... Read more...

Posted in Uncategorized |

Bank of Canada holds lending rate at one percent


December 7th, 2011 - 1:45 pm ICT by IANS
Ottawa, Dec 7 (IANS) The Bank of Canada has maintained interest rates at 1 percent after warning that the recession in Europe will be worse than expected.Bank of Canada Governor ... Read more...

Posted in Uncategorized |

CAG Rai, Joshi deny 2G audit was influenced (Lead)


November 16th, 2011 - 7:35 pm ICT by IANS
New Delhi, Nov 16 (IANS) India's top auditor Vinod Rai Wednesday firmly dismissed allegations that the controversial audit report on the allocation of 2G telecom spectrum was influenced by ... Read more...

Posted in Politics |

Nobody influenced 2G report: CAG Vinod Rai


November 16th, 2011 - 4:47 pm ICT by IANS
New Delhi, Nov 16 (IANS) India's top auditor Vinod Rai Wednesday dismissed allegations that the Bharatiya Janata Party's (BJP) Murli Manohar Joshi had tried to influence his report on ... Read more...

Posted in Politics |

Consumer confidence dips to three year low in Italy


October 26th, 2011 - 1:14 pm ICT by IANS
Rome, Oct 26 (IANS/AKI) Italian consumer confidence in October fell to its lowest level in more than three years amid concern that efforts to cut spending in Europe's second most ... Read more...

Posted in Business |

`Pakistan’s central bank should control government spending’


October 10th, 2011 - 12:33 pm ICT by IANS
Islamabad, Oct 10 (IANS) Pakistan's central bank should find some way to control government spending as there is "no real way of ensuring an economic recovery" without that, said a ... Read more...

Posted in South Asia |

Republicans reject tax breaks cut for wealthy


September 13th, 2011 - 12:01 pm ICT by IANS
Washington, Sep 13 (IANS) President Barack Obama has suggested what he calls a "common-sense approach" of limiting tax deductions for the wealthy to pay most of the cost of ... Read more...

Posted in Politics |

Obama offers $447 billion jobs plan to jolt economy


September 9th, 2011 - 12:38 pm ICT by IANS
Washington, Sep 9 (IANS) Facing low approval ratings amid a stalled economy, President Barack Obama has put forward a $447 billion jobs package, challenging Congress to shut down the ... Read more...

Posted in Business |

Former Minnesota Gov. Pawlenty drops out of presidential race


August 15th, 2011 - 11:45 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- Former Minnesota Governor Tim Pawlenty on Sunday became the first major candidate to withdraw from the presidential race after a disappointing result at the Ames Straw Poll ... Read more...

Posted in Politics |

Spanish economy slowed in second quarter


August 7th, 2011 - 11:33 am ICT by IANS
Madrid, Aug 7 (IANS/EFE) Spain's economy grew 0.2 percent in the second quarter, down from a 0.3 percent pace in the first three months of the year, the central bank ... Read more...

Posted in Business |

Obama taking economy to tipping point: Bobby Jindal


August 5th, 2011 - 2:33 pm ICT by IANS
Washington, Aug 5 (IANS) Louisiana's Indian-American governor Bobby Jindal wants his Republican party to embrace the politics of stubbornness, no matter how unpopular it may be, accusing President Barack ... Read more...

Posted in Politics |

US debt deal to benefit Indian IT sector: Wipro official


August 3rd, 2011 - 9:43 pm ICT by IANS
Kolkata, Aug 3 (IANS) Indian IT companies will benefit from the landmark US debt deal signed by President Barack Obama Tuesday night, said a top Wipro official."I think the ... Read more...

Posted in Business |

People question government spending in Chinese province


August 2nd, 2011 - 9:51 pm ICT by IANS
Beijing, Aug 2 (IANS) A plan to replace traffic signs in a Chinese province with new ones at a total cost of 100 million yuan ($15.54 million) has stirred a ... Read more...

Posted in World |

Berlusconi backs ex-minister as his successor


July 8th, 2011 - 8:05 pm ICT by IANS
Naples, July 8 (IANS/AKI) Italy's Prime Minister Silvio Berlusconi will not run for office again and wants former justice minister Angelino Alfano to lead the centre-right party into the 2013 ... Read more...

Posted in Uncategorized |

Need to spend more on healthcare for poor: Azad


June 30th, 2011 - 12:20 am ICT by IANS
New Delhi, June 29 (IANS) Union Health Minister Ghulam Nabi Azad said Wednesday that there is a need to increase government spending on healthcare to help the poor. "Increased public ... Read more...

Posted in Health |

Monetary tightening may moderate growth: Mukherjee


June 17th, 2011 - 1:53 pm ICT by IANS
New Delhi, June 17 (IANS) Continued monetary tightening by the Reserve Bank of India might moderate growth in the short-term but the long-term prospects remained buoyant, Finance Minister Pranab ... Read more...

Posted in Business |

Hope speaker will accept PAC report: Joshi


April 30th, 2011 - 7:25 pm ICT by IANS
New Delhi, April 30 (IANS) Public Accounts Committee (PAC) chairperson Murli Manohar Joshi Saturday said he was hopeful that Speaker Meira Kumar would accept the report on 2G spectrum ... Read more...

Posted in Politics |

US economy slows in first quarter


April 29th, 2011 - 11:18 am ICT by IANS
Washington, April 29 (IANS/EFE) The US economy grew at an annualised rate of 1.8 percent in the first quarter, down from 3.1 percent in the final three months of 2010, ... Read more...

Posted in Business |

US Congress strikes budget deal to avert govt. shutdown


April 9th, 2011 - 1:17 pm ICT by ANI
Washington, Apr 9 (ANI): US Republicans and Democrats on Capitol Hill have struck a deal to fund the government for the rest of the fiscal year, averting a threatened shutdown.The deal ... Read more...

Posted in World |

28,000 British policemen to lose jobs


March 8th, 2011 - 4:52 pm ICT by IANS
London, March 8 (IANS) A total of 28,000 British policemen would lose their jobs in the next four years due to government spending cuts, a police association has said.The Association ... Read more...

Posted in World |

State of the Union: Republicans say Obama not doing enough to reduce deficits


January 26th, 2011 - 6:09 pm ICT by ANI
Washington, Jan.26 (ANI): The Republicans have rebutted US President Barack Obama's State of the Union address, during which a request was made for another round of federal spending.Representative Paul Ryan, who ... Read more...

Posted in World |

Putin asks Abramovich to ‘open his wallet’ to help fund 2018 World Cup


December 5th, 2010 - 1:24 pm ICT by ANI
London, Dec 5 (ANI): Russian Prime Minister Vladimir Putin has said that billionaire Roman Abramovich should "open his wallet" and help pay for the 2018 World Cup being hosted by his country.The ... Read more...

Posted in Sports |

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