Public Spending

Showing of 1 - 20 from 20 results
Public Spending - Total results - 20
With consumer confidence at six-year low, government has few excuses left not to go in for a personal tax cut
Business

With consumer confidence at six-year low, government has few excuses left not to go in for a personal tax cut

Consumer confidence trend has been assessed through the current situation index (CSI) and the future expectations index (FEI)—both recorded a decline in September.

DBS raises real GDP forecast to 7.4% for current fiscal from 7.2% earlier on consumption and higher public spending
Business

DBS raises real GDP forecast to 7.4% for current fiscal from 7.2% earlier on consumption and higher public spending

"The economy has recovered since the transitory shocks of demonetisation and GST rollout," DBS said in a research note adding that consumption both urban and non-farm and higher public spending is expected to lift growth.

Relax fiscal deficit target, cut interest rate by 100 bps to boost economy, urges industry body CII
Business

Relax fiscal deficit target, cut interest rate by 100 bps to boost economy, urges industry body CII

Putting forth the rationale behind its demand "for an interest rate cut of 100 basis points", the CII said it would encourage domestic demand in sectors such as affordable housing, consumer durables and construction

Visa bans, investment woes: Why lack of fresh jobs may emerge as Modi’s big nightmare in 2019
Business

Visa bans, investment woes: Why lack of fresh jobs may emerge as Modi’s big nightmare in 2019

It is not just an economical challenge Modi will have to face, but political as well.

February IIP contracts 1.2%: Bad news shows demonetisation still a drag; good monsoon only hope
Business

February IIP contracts 1.2%: Bad news shows demonetisation still a drag; good monsoon only hope

In recent months, the Index of Industrial Production (IIP), has offered an inconsistent and perplexing trend with highly volatile and often contradicting numbers with the GDP figures

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings
India

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings

Andhra Pradesh Chief Minister N Chandrababu Naidu urged the Centre to relax the limit set by the Fiscal Responsibility and Budget Management (FRBM) Act.

Stick to fiscal discipline, spend on infrastructure: Jaitley tells states
Business

Stick to fiscal discipline, spend on infrastructure: Jaitley tells states

Arun Jaitley asked the state governments to spend effectively in such a manner that there is "optimum use of resources without leakages"

Economic Survey highlights Jaitley’s big dilemma — to spend or not to spend
Business

Economic Survey highlights Jaitley’s big dilemma — to spend or not to spend

Failure to adhere to the fiscal consolidation path can irk the international rating agencies and, in turn, can have adverse implications on the credit profile of the country

Budget 2016: Here's how Jaitley can break Chidambaram's mould to boost economy
Business

Budget 2016: Here's how Jaitley can break Chidambaram's mould to boost economy

At a time, when India’s chances are considered bright among emerging markets, it is crucial to aid the economy with sufficient growth-propellers

Booster dose from 7th Pay Commission: Get ready for a consumption-driven growth
Business

Booster dose from 7th Pay Commission: Get ready for a consumption-driven growth

The Pay Commission will boost urban consumption; if rains are generous too, the rural demand will revive.

Recovery at last? PM Modi's infrastructure splurge revives investment in India
Business

Recovery at last? PM Modi's infrastructure splurge revives investment in India

Indian firms are, however, waiting for better returns before committing new investments

What the latest economic data mean: Modi govt is running out of time to fix the economy
Business

What the latest economic data mean: Modi govt is running out of time to fix the economy

Reviving manufacturing will mean getting aggressive on economic policy and reforms – GST has to be rammed through, public sector infrastructure investments have to be fast-tracked and private sector ones facilitated on priority basis

Raghuram Rajan's subtle message to Modi govt: Central banks have no panacea for economic illness
Business

Raghuram Rajan's subtle message to Modi govt: Central banks have no panacea for economic illness

Rajan is absolutely right in observing that the central bank’s role is limited in solving economic problems. It’s a subtle message to the Modi government

Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth
Business

Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth

A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut

Private sector to cut capex by 4%, govt will have to create a war chest to revive economy
Business

Private sector to cut capex by 4%, govt will have to create a war chest to revive economy

The ability of the government to kick-start investments through fiscal measures, especially given the additional elbow room afforded by falling crude prices, is crucial

Coke to soften celebratory marketing if unrest hits Brazil during the World Cup
Sports

Coke to soften celebratory marketing if unrest hits Brazil during the World Cup

Coke's change in stance came after demonstrations flashed across Brazil last year at the Confederations Cup due to public anger at the high level of spending on the World Cup compared with public services.

Hollande allies hail 'social democrat' vision despite proposed spending cuts
World

Hollande allies hail 'social democrat' vision despite proposed spending cuts

Francois Hollande's allies dismissed on Wednesday suggestions the Socialist French president had lurched right with plans to cut public spending and the taxes on business, hailing what they called a new "social democrat" vision.

Conduct external audits of key spending depts: Govt tells CAG
Economy

Conduct external audits of key spending depts: Govt tells CAG

Key departments where massive spending is involved should be also subjected to external audit in addition to a CAG scrutiny, the government has suggested