Search Results for: fiscal deficit

tata-motors-shows-off-first-new-cars-in-four-years

Tata Motors shows off first new cars in four years

New Delhi, Feb 04 (ANI): Tata Motors unveiled its first new models in four years, banking on two small cars to reverse the company's sliding passenger car sales in the face of growing foreign competition. In a bid to revive its fortunes, Tata is pinning its hopes for now on the all-new Bolt hatchback and Zest entry-level sedan to tap into the small car market that accounts for the bulk of passenger vehicle sales in India. Sales of Tata passenger vehicles in India fell an annual 37 percent in the first nine months of the fiscal year that ends in March, according to data from Society of Indian Automobile Manufacturers (SIAM). Feb 4, 2014
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Indian success story not over, nation waiting for BJP to come to power: Rajnath Singh

New Delhi, Jan 18 (ANI): While addressing at the BJP national council meet, party President Rajnath Singh on Saturday said that Indian success story is not over and that the nation is waiting for the BJP to come to power. He further targeted Congress and said that Congress don't want a stable government but a weak government. He said that once the BJP comes to power, the nation's current account deficit will turn into surplus as was during Atal Bihari Vajpayee's government. Jan 18, 2014
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Fiscal deficit will be contained at 4.8 % of GDP: Chidambaram

New Delhi, Jan 16 (ANI): India's fiscal deficit will be contained at 4.8 percent of the Gross Domestic Product (GDP) in the current fiscal year ending March, said finance minister, P Chidambaram, hinting at possible cuts in government spending. The finance minister expressed his "unflinching commitment" to contain the fiscal deficit, at a time when the deficit in the first eight months of the fiscal year has touched 93.9 percent of the full-year target. Meanwhile, the minister attributed the decline in growth to global factors and said he was confident that Indian economy would soon recover and show high growth in next three years. Jan 16, 2014
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Nation needs strong leadership to bridge trust deficit: Narendra Modi

Gandhinagar, Jan 15 (ANI): BJP's Prime Ministerial candidate Narendra Modi, said on Wednesday that the nation lacked trust in the leadership and that there was a need for bold, proper decision-making, skill development and capacity-building to bridge the trust deficit in the country. Speaking at FIICI meet in Gandhinagar, Modi took a dig at the ruling Congress government and said that there should be determination and will to take decisions but the ruling government has been shirking from responsibilities. Addressing the business leaders, Modi said that the BJP would consider their suggestions on tax reforms. Jan 15, 2014
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PM expects 5 % economic growth in 2013/14

New Delhi, Jan 08 (ANI): Prime Minister Manmohan Singh on Wednesday said that India's economic growth in the current fiscal year is likely to remain flat at 5 percent. Singh's forecast is more optimistic than those of several private economists, who are predicting growth in the year till March 2014 to slip below 5 percent. Addressing the second day of the annual Diaspora Day in New Delhi, Singh said that international and domestic factors have contributed to the growth. Singh also said that inclusive development was the guiding principle of the central government. Jan 8, 2014
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