Tag: GDP

Budget 2013: A Non-Political, Populist gets mixed response

Mar. 01 Business, India News no comments

‘Whether Budget 2013 would be political or a populist Budget’ the doubt has removed as Finance Minister P. Chidambaram introduced his direct tax proposals with huge enough significant proposals with safety of women. Read more

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Union Budget 2013: FM to present today, facing litmus test

Feb. 28 Business, India News no comments

Today, one of the most highly anticipated budgets of recent years, Union Budget 2013 is set to be presented by Finance Minister P Chidambaram and all eyes are on India’s efforts to cut down a damaging credit ratings downgrade. Read more

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Provisioning requirements for loans restructuring hikes to 5%: RBI

Feb. 01 Business Comments Off

Seeking a tight grip over banking bad debts, the Reserve Bank of India announced to hike the provisioning requirements for loans restructuring of banks to 5 %, reports said. Read more

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India needs fiscal consolidation, Growth, inflation likely to fall: RBI

Jan. 28 Business, India News Comments Off

Just a day ahead when country expected a repo rate cut by the Reserve Bank of India, the bank said monetary easing needed a sustained fiscal consolidation. Read more

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