Search Results for: fiscal deficit

The logo of German carmaker Volkswagen is seen at a VW dealership in Hamburg, October 28, 2013. Volkswagen is due to present company results on Wednesday. REUTERS/Fabian Bimmer

Volkswagen Passat Discontinued in India

German car maker Volkswagen has reportedly stopped the production of its Passat in India, owing to dwindling demand for the vehicle in the domestic market. Dec 24, 2013
obama-shrugs-off-suggestions-of-worst-year-in-office

Obama shrugs off suggestions of worst year in office

In his final news conference of the year on Friday, US President Barack Obama shrugged off suggestions that 2013 has been his worst year in office despite political and fiscal challenges that saw his approval ratings plummet. Duration: 00:56 Dec 21, 2013
more-data-needed-to-be-confident-on-economic-pick-up-raghuram-rajan

More data needed to be confident on economic pick-up: Raghuram Rajan

Kolkata, Dec 12 (ANI): RBI chief, Raghuram Rajan has stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the rupee's fall is yet to kick in. Rajan stated this while addressing the ‘5th National Conference on Leadership’ in Kolkata. Rajan added that the rupee has stabilised "somewhat", but said there is no room for complacency. He also called on the government to continue its efforts to contain the fiscal deficit and said raising subsidised diesel prices to market levels would help. Dec 12, 2013
bjp-demands-reforms-in-food-distribution-system

BJP demands reforms in food distribution system

New Delhi, Nov 25 (ANI): BJP senior leader Murli Manohar Joshi called for reforms in commodity trading, which would put a stop on price rise of food products. Earlier this year, Parliament approved a $20 billion scheme to distribute subsidised wheat and rice to 800 million people, backing an anti-malnutrition drive that investors fear will mean missing the fiscal deficit target. Taking a jibe at that scheme, Joshi said that it lacks nutritional products in the list. Nov 25, 2013
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