Lucknow, Jun 3: Industry chamber CII on Friday said the Indian economy is currently in the midst of a slowdown. Besides the economic growth slowing down to a nine-year low of 6.5 per cent in
Mumbai, Feb 28: Industry lobby Assocham today urged the Finance Minister to reduce government expenditure and raise revenues to narrow the widening fiscal deficit.“The government should have enough political courage to align domestic fuel prices
Mumbai, Feb 1: Cautioning the government that excessive borrowing is bad, Reserve Bank Governor D Subbarao today urged the government to put a cap on the public debt as it would hurt growth.“There is an
New Delhi, Jan 11: Finance Minister Pranab Mukherjee today said it would be difficult to restrict fiscal deficit to targeted level of 4.6 per cent of GDP this fiscal, but all efforts be taken to
New Delhi, Nov 21: Conceding that the fiscal deficit could exceed the targeted 4.6 per cent of GDP for 2011-12 by up to one percentage point, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said
New Delhi, June 27: BJP today alleged the government had increased the prices of petroleum products to keep in check its fiscal deficit which is “going awry due to high corruption and faulty economic policies”.The
New Delhi, June 27: Pegging the losses on account of duty cuts on petroleum goods at Rs 24,000 crore in 2011-12, the Finance Ministry today said it would take steps to restrict fiscal deficit to
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