visitSINGAPORE -- China is seeking to boost its domestic demand to help bolster a fledgling global recovery from the economic crisis, President Hu Jintao said Friday.This...
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global economy has likely bottomed out but employment conditions are "dire" and stimulus is needed across Asia to spur domestic demand, Japan's prime minister...
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visitBEIJING -- People's Bank of China Gov. Zhou Xiaochuan said Friday that China is making progress on stimulating domestic demand and that theThis...
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India is on the road to economic recovery, thanks to fiscal stimulus package announced by the Centre to spur domestic demand, Union Cabinet Secretary K M Chandrasekhar said today.''We have pulled ourselves up. The country is out of the woods'', he said delivering the 24th Sardar Vallabhbhai Patel Memorial Lecture at the National Police Academy here.''We did not come out with any bail out package for...
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Chinese president pledges to boost domestic demand < ');" class="arial11blue1"> RateChina is doing what it can to expand domestic demand and rebalance its economy, President Hu Jintao said Friday, calling for renewed efforts to improve international financial oversight to prevent future crises."Our focus in countering the crisis is to expand domestic demand, especially consumer demand," Hu said in...
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India will focus on driving domestic demand until key developed marketsrecover and will not exit fiscal stimulus measures until necessary, FinanceMinister Pranab Mukherjee said on Tuesday."There is a need ofgenerating strong domestic demand until the robust recovery all over the world,particularly the developed world takes place," he told a World Economic Forumevent in New Delhi.Mukherjee repeated...
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India’s stocks fell for the first time in five days after Finance Minister Pranab Mukherjee raised concern that domestic demand is still needed to support the economy when he said fiscal stimulus measures will be withdrawn.Maruti Suzuki India, the maker of half the cars sold in India, slid 2.6 per cent after Mukherjee said the government will take “corrective” steps and pull back fiscal stimuli once...
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Finance minister Pranab Mukherjee and ICICI Bank CEO Chanda Kochhar in New Delhi on Tuesday. Picture by Rajesh KumarFinance minister Pranab Mukherjee today said the government would focus on domestic demand until key developed markets recovered and continue with the stimulus for some more time.“In due course we shall have to take corrective measures (phasing out of fiscal stimulus), but still I do...
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NEW DELHI: India will focus on driving domestic demand until key developed markets recover and will not exit fiscal stimulus measures until necessary, Finance Minister Pranab Mukherjee said on Tuesday. "There is a need of generating strong domestic demand until the robust recovery all over the world, particularly the developed world takes place," he told a World Economic Forum event in New Delhi. Mukherjee...
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MUMBAI: Domestic demand in the form of private consumption expenditure and investment, continued to decelerate in the first quarter of 2009-10, the Reserve Bank said. This reflected weak domestic demand as a constraint to faster recovery, the RBI said in its Macroeconomic and Monetary Developments Second Quarter Review 2009-10, released here today. According to the Central Statistical Organisation...
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