Finance Minister Pranab Mukherjee and his counterparts from other G20 countries have agreed to maintain financial stimulus packages aimed at bailing out distressed economies but failed to agree to a financial package to help developing countries fight climate change.Although economic and financial conditions had improved, "the recovery is uneven and remains dependent on policy support, and high unemployment...
|
Finance Minister Pranab Mukherjee and his counterparts from other G20 countries have agreed to maintain financial stimulus packages aimed at bailing out distressed economies but failed to agree to a financial package to help developing countries fight climate change.Although economic and financial conditions had improved, the recovery is uneven and remains dependent on policy support, and high unemployment...
|
Finance Minister Pranab Mukherjee and his counterparts from other G20 countries have agreed to maintain financial stimulus packages aimed at bailing out distressed economies but failed to agree to a financial package to help developing countries fight climate change.Although economic and financial conditions had improved, “the recovery is uneven and remains dependent on policy support, and high unemployment...
|
A recent increase in Australian and New Zealand tourists to Pacific island countries has raised hopes the region's vital tourism industry is recovering after being buffeted by the global financial crisis, according to a new Asian Development Bank (ADB) publication.The November issue of Pacific Economic Monitor, a quarterly economic review of 14 Pacific island countries and Timor-Leste, noted that the...
|
its macro economic review, the Reserve Bank of India has cut FY10 GDP growth forecast to 6 per cent from its earlier estimate of 6.5 per cent , saying that India's growth faces upside prospects as well as downside risks.The central bank has raised its industrial growth forecast raised to 6.3 per cent from 4.8 per cent. It estimates farm growth to post a negative growth of 1.4 per cent in this fiscal....
|
Singapore - The soon-to-be-closed magazine Far Eastern Economic Review has agreed to pay Singapore's founder Lee Kuan Yew and his son Prime Minister Lee Hsien Loong several hundred thousand dollars in damages for defamation, a media report said Wednesday.In October, the city-state's Court of Appeal confirmed a verdict from September 2008 that a story by the magazine about Singapore's opposition party...
|
its macro economic review, the Reserve Bank of India has cut FY10 GDP growth forecast to 6 per cent from its earlier estimate of 6.5 per cent , saying that India's growth faces upside prospects as well as downside risks.The central bank has raised its industrial growth forecast to 6.3 per cent from 4.8 per cent. It estimates farm growth to post a negative growth of 1.4 per cent in this fiscal. But...
|
called a meeting on Thursday to review the implementation of austerity measures announced in the wake of drought and the economic slowdown that had put pressure on government finances.British...
|
NEW DELHI: India slipped a notch to 114th rank, out of 134 countries, in the latest Gender Gap Review of the World Economic Forum (WEF) released on Monday. The annual review assesses the ability of a nation to distribute resources equally between women and men in its overall population. The review measures gender gap based on four pillars—health, education, economic participation and political empowerment....
|
NEW DELHI: Economic think tank NCAER lowered the economic growth projection to 6.9 per cent for the current fiscal from earlier estimate of 7.2 per cent, mainly on account of lower farm output. Even the revised projection is much more optimistic than what has been projected by the Prime Minister, his advisory panel, RBI, IMF and many others. "The decline in the growth is a result of decline in the...
|
