kind of control, with more than 84 percent of the budgeted deficit figure for 2013-14 eaten up by October. And the high-spending election seasons is still up ahead. Not only that, the biggest reason for the fiscal deficit – high fuel subsidies – are exactly where they are when Chidambaram resumed
7.43 PM Dec 13th
SpiceJet appoints Bain in turnaround efforts The Kalanithi Maran-owned SpiceJet Ltd has appointed consulting firm Bain and Co. to restructure the airline’s network and return it to profitability after losses at the budget airline have mounted over the past few quarters. Sanjiv thereafter joined
5.10 PM Dec 13th
Source:FirstPost - Kochi: In perhaps the first of its kind initiative in the country, Kerala government has set apart over Rs 500 crore annually for providing a world class ecosystem for the startups in the state."The Kerala government has earmarked one percent of the state budget for young
4.24 PM Dec 13th
Source:Market Watch - Overall, the markets can afford to act as if times are more laissez-faire than usual. With a budget deal struck, (more or less) the markets began to fret about tapering and its consequences. If there’s a real catalyst for a dip, I don’t yet see it. Excepting profit
2.44 PM Dec 13th
Source:The Hindu BusinessLine - US lawmakers in the lower House of Representatives approved on Thursday a compromise budget deal that will avert a costly government shutdown and minimise damage from across the board spending cuts. The chamber approved the bipartisan measure 332—94. The measure
2.38 PM Dec 13th
Though a tight monetary policy is the order of the day but in the absence of revenues picking up, spiraling subsidies and Govt expenditure being curtailed to meet budget deficit targets the RBI will perhaps not tinker with the the interest rates or CRR in it`s impending meeting.
12.56 PM Dec 13th
Source:NDTV Profit - Washington: A breakthrough budget deal that avoids a government shutdown in January and blunts automatic spending cuts easily won passage in the U.S. House of Representatives on Thursday, setting the stage for nearly two years of fiscal peace in
11.54 AM Dec 13th
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