Search Results for: fiscal deficit

spain-escapes-recession-in-q3-but-concerns-still-high

Spain escapes recession in Q3 but concerns still high

After the announcement that Spain escaped from a two-year recession in the third quarter of this year, an economist from ICADE Business School in Madrid says the results are positive but Spain's public deficit is still worryingly high. Duration: 0:52 Oct 30, 2013
chinese-premier-li-keqiang-2nd-r-and-india039s-prime-minister-manmohan-singh-2nd-l-attend-a-signing-ceremony-at-the-great-hall-of-the-people-in-beijing-october-23-2013

PM Manmohan Singh’s Message to China’s Youth

While addressing the youth of China at the Central Party School in Beijing, Indian Prime Minister Manmohan Singh insisted on the future of both the countries be 'defined by cooperation and not confrontation'. Oct 24, 2013
us-senate-leaders-announce-deal-to-end-fiscal-impasse

US Senate leaders announce deal to end fiscal impasse

US Senate Majority Leader Harry Reid said Wednesday that a deal had been reached with Republican leaders to end a fiscal impasse that has threatened the United States with debt default. Duration: 01:07 Oct 16, 2013
indias-trade-gap-comes-down-sharply-bright-spot-for-economy

India's trade gap comes down sharply, bright spot for economy

New Delhi, Oct 09 (ANI): India's trade deficit narrowed to a two-and-a-half-year low in September, raising hopes for a significant reduction in the country's gaping current account deficit, which sent the rupee to record lows in recent months. India's trade deficit narrowed to $6.7 billion last month, compared with $10.9 billion in August and the lowest since March 2011, the trade ministry said. Oct 9, 2013
ex-army-chief-vk-singh-attributes-recent-incidents-of-infiltration-to-intelligence-failure

Ex Army Chief VK Singh attributes recent incidents of infiltration to intelligence failure

Tamil Nadu/ Jammu and Kashmir, Oct 03 (ANI): Former Indian army chief, VK Singh has attributed recent incidents of infiltration and cross border ambushes to intelligence failure, which has strained a ceasefire that was largely held for nearly a decade. Singh said this on Thursday while addressing the mediapersons during a panel discussion on governance issues in Chennai. Singh said that secrets are let out due to the frequent meddling with intelligence apparatus of the country. Singh further added that ceasefire violations were taking place due to the trust deficit. Oct 3, 2013
india-will-fully-finance-current-account-deficit-arvind-mayaram

India will fully finance current account deficit: Arvind Mayaram

New Delhi, Oct 01 (ANI): India's Economic Affairs Secretary, Arvind Mayaram, said on Tuesday that the country would finance its current account deficit fully in the fiscal year ending March without drawing down on its reserves, and would also contain the fiscal deficit at 4.8 percent of GDP. He also said that economic growth will pick up in the second half of the fiscal year. Mayaram while addressing a news conference in New Delhi expressed confidence and said that they would be able to contain the current account deficit. Mayaram added that the government would not have to go beyond the finance ministry's planned market borrowing for the year, and would be able to meet its budgeted revenue target. Mayaram also said that the elevated level of current account deficit was mainly due to gold imports. Oct 1, 2013
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