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Citigroup pegs India's GDP growth at 7.9% in FY15

Jun 11, 2015

Citigroup pegs India's GDP growth at 7.9% in FY15

According to the global financial services major, investment and consumption uptick is likely to result in a growth pick-up from 7.3 percent in 2014-15. #Economy #Inflation #NewsTracker #recession #Citigroup #Monsoon #GST
Japan approves a record $812 bn budget; on track to cut deficit in half

Jan 14, 2015

Japan approves a record $812 bn budget; on track to cut deficit in half

Shinzo Abe's cabinet approved on Wednesday a record $812 billion budget for the coming fiscal year while cutting new borrowing for a third straight year in a bid to balance growth and fiscal reform. #Japan #recession #Nomura #Growth #Fitch #CPI #Sales Tax #taxes #Defence spending #factory output #job creation #Production #Shinzo Abe #japan budget
Is India ready to face another bout of global recession? World Bank report explains all

Jan 08, 2015

Is India ready to face another bout of global recession? World Bank report explains all

The report defines fiscal space as simply having enough budgetary resources to take counter-cyclical or other measures without jeopardizing the governments coffers or the economy itself. It points out that countries with more ample fiscal space used stimulus measures more extensively during the recession than those with tight fiscal space. #India #World Bank #Arun Jaitley #Global recession #fiscal tightening
Japan committed to fight deflation, may expand stimulus plan

Nov 25, 2014

Japan committed to fight deflation, may expand stimulus plan

Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal #Japan #Monetary policy #recession #Eurozone #Deflation
Japan's voters and their question for Abe: Why call for polls now?

Nov 20, 2014

Japan's voters and their question for Abe: Why call for polls now?

Abe took office pledging to reboot Japan's economy with hyper-easy monetary policy, spending and reform. #Economy #Japan #NewsTracker #recession #Democratic Party of Japan #Liberal Democratic Party #Shinzo Abe #Abenomics #snap polls
Japan: Shinzo Abe set to call snap polls, delay tax hike

Nov 18, 2014

Japan: Shinzo Abe set to call snap polls, delay tax hike

Prime Minister Shinzo Abe is set today to call a snap election, and seek voters' endorsement for more economic reforms after Japan slipped into recession. #World #Japan #NewsTracker #recession #Shinzo Abe
Japan descends into recession; PM Shinzo Abe all set to call snap polls

Nov 17, 2014

Japan descends into recession; PM Shinzo Abe all set to call snap polls

Speculation has been swirling that Abe -- who faces a leadership election next year -- will delay increasing Japan's sales tax to 10 percent #Economy #Japan #recession #Sales Tax #Shinzo Abe #Japanese politics #Snap elections
Deutsche Bank to pay $1.9 bn to settle US mortgage case

Dec 21, 2013

Deutsche Bank to pay $1.9 bn to settle US mortgage case

Deutsche Bank said on Friday it will pay $1.9 billion to settle claims that it defrauded two U.S. government-controlled companies in the sale of mortgage-backed securities before the 2008 financial crisis. #US #Financial crisis #recession #Deutsche Bank