Stimulus packages and economic slowdown have hit the exchequer hard as indirect tax collections shrunk by 21.6 per cent to Rs 1.27 lakh crore in the first seven months of this fiscal, against Rs 1.62 lakh crore a year ago.All the three components of indirect tax — excise, customs and service tax — have registered decline in collections.Customs declined the most, by 31.8 per cent at Rs 45,412 crore...
|
Manipal: Chairperson of Indian Council for Research in International Economic Relations (ICRIER), New Delhi, Isher Judge Ahluwalia, said on Tuesday that it was necessary to strike a reasonable balance between financial openness that supports innovation and growth while implementing regulations and effective supervision that limits the potential risk of financial excess.She was delivering the keynote...
|
When economic slowdown the world over was on its peak, companies were getting shut; people were getting laid off all over India. The Indian economies were one of those economies, which got affected the minimum by it.INTERNATIONAL MONETARY Fund (IMF) said that India and China are among the countries who are recovering fastest from the slowdown.recently said in his speech that the Indian economy is finally...
|
will “wind” down the fiscal stimulus from next year and work to accelerate the pace of financial reforms as the economy pulls out from a slowdown that has seen industry shrinking and jobs lost.“Like many other countries, we resorted to a significant stimulus and we will take appropriate action next year to wind this down,” Prime Minister Manmohan Singh told the India Economic Summit in New Delhi organised...
|
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...
|
the economic slowdown and slump in the real estate market hit the ambitious Dharavi makeover project, the state government is now considering various options to put it on the fast track,...
|
THE ANVIL: PM seeks to discuss major global challenges like terrorism, climate change and economic slowdown.Copyright...
|
After one of the worst economic slowdowns the world has seen since the Great Depression, do we frame policies for the future, wondered Isher Judge Ahluwalia, chairperson, Indian Council for Research on International Economic Relations.
...
|
Back office service provider Genpact today said the companies that kept hiring during the economic slowdown were viewed as "strong" firms and would benefit from this perception when the economy begins recovering."People know that you (hiring companies) would look after them. You would not do a knee-jerk reaction, and I think that is very good," Genpact India chief executive Pramod Bhasin told the media...
|
Back office service provider Genpact Monday said the companies that kept hiring during the economic slowdown were viewed as "strong" firms and would benefit from this perception when the economy begins recovering."People know that you (hiring companies) would look after them. You would not do a knee-jerk reaction, and I think that is very good," Genpact India chief executive Pramod Bhasin told IANS...
|
