India's growth is projected to slow to 6.6 per cent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of "temporary disruptions" caused by demonetisation, the International Monetary Fund said on Wednesday. In its annual report, however, the IMF said demonetisation would have only short term impact on the economy and it would bounce back to its expected growth of more than eight per cent in the next few years. The post-November 8, 2016 cash shortages and ... Rediff.com, 1 day ago
Post-demonetisation, IMF cuts India's growth to 6.6 per cent - Deccan Herald, 1 month ago
Post demonetisation, IMF cuts India's growth to 6.6% - Rediff.com, 1 month ago
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ATHENS (Reuters) - Euro zone finance ministers and Greece agreed on Monday to resume negotiations over its bailout review next week, and to be concluded swiftly afterwards, a Greek government official said. "The agreement includes the inviolable condition ...Sify, 3 days ago Euro zone, IMF agree on a common stance on Greece - official Sify, 1 week ago
By Helen Reid and Abhinav Ramnarayan COVENTRY, England (Reuters) - U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets ...Sify, 1 week ago
Mizoram cabinet has agreed tocreate 35 new posts for the proposed Lokayukta even as the state law cial department officials said that establishment of the ombudsman would not be possible during the current fiscal. The Mizoram Lokayukta Act was legislated by ...Business Standard, 2 weeks ago
This year’s Budget was lauded by many for its commitment to fiscal prudence. Finance Minister Arun Jaitely reiterated the government’s commitment to double farm incomes in five years by announcing a 24 percent increase in rural spending. As part of this, ...Sify, 2 weeks ago Each decision a reform in its own right: Jaitley on Budget-2017 Sify, 2 weeks ago #Budget 2017: Here are some distinctive features of the Budget this year DNA, 3 weeks ago HIGHLIGHTS: Union Budget 2017-18 Rediff.com, 3 weeks ago
The goods and services tax (GST) is expected to be fiscally neutral and the resulting inflation impact is likely to be minimal at less than 20 bps, says a Nomura report. According to the Japanese financial services major, while the resulting inflation impact ...Business Standard, 1 month ago
News Service | Mumbai | January 31, 2017 17:04 IST The Economic Survey states that the Centre’s Fiscal Responsibility and Budget Management (FRBM) Act, was mirrored by Fiscal Responsibility Legislations (FRL) adopted in the States, according to a government ...India Infoline, 3 weeks ago
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future. Illustration: Uttam Ghosh/Rediff.com Three weeks on, the initial responses to the Union Budget for 2017-18 have faded, and have largely been replaced by puzzled head-scratching. Unlike the last Budget, this one does not seem to represent the same sort of forward movement. It does not respond to the needs of India's economy, or attempt to frame the ...Rediff.com, 3 days ago Budget 2017 Highlights: Lower income taxes, Rs 2000 cash donation cap for political parties and more Sify, 3 weeks ago HIGHLIGHTS-India unveils budget for recovery and the poor after cash crunch Sify, 3 weeks ago Budget 2017: Highlights - India unveils budget for recovery and the poor after cash crunch Sify, 3 weeks ago
Posted by Equitymaster After opening the day on a positive note, share markets in India have continued to trade strong and are trading comfortably above the dotted line. Sectoral indices are trading on a mixed note. With the stocks in the banking sector and ...Equitymaster.com, 6 days ago Sensex Stays Flat; IT Stocks Witness Selling Pressure Equitymaster.com, 1 month ago
West Bengal Finance Minister Amit Mitra today expressed apprehension over providing more teeth to the Income Tax Act in this year's Union budget by removing Section 132A and allowing arrest by taxmen under the new GST Act. With the removal of the Section ...Business Standard, 1 week ago
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