Is the worldwide bailouts 10 times bigger than Indian economy?
In their efforts to tackle the global economic crisis, the rescue packages announced by the governments across the world has crossed 10 trillion-dollar mark (about Rs 50,00,000 crore) — an amount...
View ArticleBooster shots for global meltdown victims!
As the global economic slowdown spreads, countries after countries have announced rescue packages. The United States has so far committed $8.317 trillion to tackle the crisis. The United Kingdom,...
View ArticleIndustrial output declines 2.4 per cent in March 2009
Industrial growth rate in India has been decreasing for last two months. In March the industrial growth – index of industrial production (IIP) was decreased to 2.4 percent against 8.5 recorded in March...
View ArticleGovt. to declare more stimulus packages?
The Government of India may come up with more stimulus packages for various sectors. In order to give relief to various sectors the government may declare the stimulus packages in the budget. According...
View ArticleNo further tax relaxation possible for Indian corporate
The Finance Ministry announced to an industry delegation that it should not expect a further cut of corporate, excise and service taxes in the Budget to be presented by the next finance minister. The...
View ArticleGovt may cont with same indirect tax rates
Government is considering a proposal to not hike the current rates of service tax and excise duty and to continue with the current rates of 12 per cent to provide stimulus to Indian companies. One of...
View ArticleIndian sensex to reach 22,000 by 2014: Reuters
According to a conducted by Reuters, sluggish Indian sensex may bounce back and will reach to 22,000 points by June 2014. The benchmark BSE Sensex would gain almost 9 percent from current points,...
View ArticleIndia stock market out of trillion-dollar club
Indian stock market faced a heavy jolt of equities crash thus pulling down the total valuation of all listed companies to USD 985 billion on fresh concerns about the US stimulus withdrawal, and the...
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