Post Tagged with: "economy"

Japan‘s leaders tout $92 billion fiscal plan

Japan‘s leaders tout $92 billion fiscal plan

Japan‘s ruling coalition lawmakers have called for an extra budget that would include $92 billion in spending to support slowing growth, party officials said on Thursday, raising worries about straining public finances. Japanese Prime Minister Shinzo Abe Photo: IC The agreement, made in a meeting between senior officials of Japan‘s ruling coalition on Wednesday, highlights the concern among lawmakers about […]

by November 23, 2019
Slowdown due to Centre‘s failed economic policies, says Amit Mitra

Slowdown due to Centre‘s failed economic policies, says Amit Mitra

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Blaming and the “ill-implemented” goods and services tax regime for the current economic slowdown, Finance Minister (pictured) on Thursday hit out at the central government for delaying GST compensation to states, claiming it has hurt their finances. “It is not a cyclical correction but a structural slowdown. The decision hit businesses across the […]

by November 22, 2019
PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt

PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} State-owned banks disbursed around Rs 2.52 trillion worth of in October through loan melas, camps and other outreach initiatives, a statement said on Thursday. This follows an announcement by Finance Minister in September that banks would conduct such customer outreach initiatives as the government looks for various ways to boost liquidity and investment, […]

by November 22, 2019
G20 nations imposed 28 new trade-restrictive measures in 6 months: WTO

G20 nations imposed 28 new trade-restrictive measures in 6 months: WTO

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The G20 countries have imposed as many as 28 new trade-restrictive measures such as tariff increases, import bans and stricter customs procedures for imports between mid-May and mid-October 2019, according to a WTO report. G20 members include India, Argentina, Australia, Brazil, Canada, China, France, Germany, Japan, Russia, the UK, and the US, among others. "In terms of numbers, […]

by November 22, 2019
SBI made many poor commercial decisions in the past decade: MD Arijit Basu

SBI made many poor commercial decisions in the past decade: MD Arijit Basu

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Largest lender SBI does not "mind" its lower stock valuation compared to a leaner private sector players due to state ownership and social sector focus, but admitted that it needs to improve on commercial decisions. Speaking at an event organised by former chief M Damodaran here on Thursday, Arijit Basu, a managing director at SBI, also conceded that […]

by November 21, 2019