May 27, 2016 at 14:10 | Source: PTI
Tokyo is scheduled to raise the sales tax from eight to 10 percent in April 2017 to help pay down one of the biggest debt loads among rich nations.
May 25, 2016 at 21:42 | Source: Reuters
The late-night compromise spared the battered European Union the risk of another Greek crisis this year, less than 12 months after Athens was on the brink of ejection from the currency area by rejecting austerity measures and defaulting on an IMF loan.
May 24, 2016 at 07:26 | Source: PTI
In an analysis released today, the Washington-based lender says that debt relief is "critical" to show markets that Greece's creditors are committed to helping it navigate the crisis.
May 13, 2016 at 21:59 | Source: Reuters
The hosts' monetary and fiscal policy trajectory appears obvious: the Bank of Japan is coming under increasing pressure to counter a damaging rise in the value of the yen that could derail a fragile recovery for the world's third-largest economy.
May 12, 2016 at 07:52 | Source: PTI
Replying to a short duration discussion in the Lok Sabha on drought, drinking water crisis and inter-linking of rivers, Agriculture Minister Radha Mohan Singh said the Modi-government has done a lot for the farmers in two years and this work cannot be compared with the previous government's work in 60 years.
May 04, 2016 at 17:32 | Source: PTI
Corporate India in aggregate is reporting positive free cash flow (FCF) for the second time in two decades and the reversal in the aggregate FCF augurs well for medium term corporate spending and therefore for growth.
Mar 14, 2016 at 09:38 | Source: CNBC
Marc Faber said central bank policies are essentially monetizing debt, particularly in Japan, where he claims the Bank of Japan (BOJ) is buying all the government bonds the treasury is issuing.
Jan 29, 2016 at 15:03 | Source: PTI
Ajay Singh, who took over the reins of then crisis-hit SpiceJet early last year, said the turnaround process has taken off "very well". Riding on the back of four straight quarters of profit, SpiceJet is slowly moving from consolidation to expansion path and is preparing to trim costs in the long term.
Jan 21, 2016 at 07:33 | Source: PTI
The "systemic exemption" amounted to a loophole in the IMF's longstanding policy that required the crisis lender to judge a member country's public debt to be sustainable with "high probability" before it could provide financial assistance that exceeds a member's contribution to the institution.
Jan 20, 2016 at 08:26 | Source: CNBC
China's debt binge has been well documented and now the inevitable deleveraging is occurring. Much like the US in 2008, China now faces tough choices. The political leaders in Beijing must engineer a deleveraging either through recapitalization, currency devaluation, economic growth, or outright default.