Spending Cuts

Jul 28, 2015 at 14:37 | Source: Reuters
The company also lowered its expected full-year organic capital spending to below USD 20 billion after cutting it by 13 percent earlier this year as the industry continues to grapple with low oil prices.
Jul 25, 2015 at 15:01 | Source: Reuters
India's fight against AIDS is being jeopardised by a cut in social spending by Prime Minister Narendra Modi's government, with health workers being laid off and programmes to prevent the spread of the deadly disease curtailed.
Jul 22, 2015 at 14:27 | Source: PTI
Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending as low crude prices hit revenues, the energy ministry said on Wednesday.
Jul 22, 2015 at 08:29 | Source: Reuters
Tsipras has faced a revolt in the left-wing Syriza party over the mix of tax hikes, market reforms and spending cuts demanded by lenders but is expected to get the package through parliament with the support of pro-European opposition parties.
Jul 17, 2015 at 14:23 | Source: Moneycontrol.com
Unless the economics of investments are meaningfully achieved, it will not be easy to arrive at a convincing judgement of economic turnaround just on the basis of speedy approvals of projects, some cuts in rates and boosting government allocation.
Jul 16, 2015 at 07:54 | Source: PTI
The bill, which imposes sweeping tax hikes and spending cuts, fuelled anger in the governing Syriza party and led to a revolt against Tsipras, who has insisted the deal forged after a marathon weekend eurozone summit was the best he could do to prevent Greece from catastrophically crashing out of the euro, Europe's joint currency.
Jun 18, 2015 at 10:05 | Source: CNBC-TV18
Due to sharp fiscal consolidation a result of stringent expenditure cuts by the government the economy witnessed a massive slowdown. But that is over now with emergence of green shoots of government spending, says Neelkanth Mishra, Head of Equity Strategy India.
May 27, 2015 at 08:47 | Source: PTI
Union Finance Minister Arun Jaitley termed as "mere jugglery of figures" the Congress' claim of drastic cuts in the social sector spending by the government.
Apr 23, 2015 at 20:39 | Source: PTI
Software company Syntel reported a 31 percent decline in its net profit at USD 40 million for the first quarter ended March 31, 2015 on account of sluggish business activity and spending cuts by clients.
Mar 27, 2015 at 10:44 | Source: CNBC-TV18
Jan Dehn Head-Research, Ashmore Investment Management is not perturbed by the intense sell-off in Indian equities. The Indian story is far from over, he tells CNBC-TV18 adding incremental government spending can add 10 percent to indices in one year.
Messages on Spending Cuts »

rahulsnh

Silver Member

4 Followers

Economy  

Yes, spending cut only effects Chidu`s image. He gets to keep his PM-dream at expense of growth.

1.46 PM Feb 18th 2014

SBI  

Spending cut of Rs 75K cr not to impact growth: Chidambaram

12.34 PM Feb 18th 2014

Indian indices  

Spending cut of Rs 75K cr not to impact growth: Chidambaram

12.33 PM Feb 18th 2014

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News Now  

Source:Economic Times - NEW DELHI: The unprecedented spending cut ordered by the finance ministry last week has left officials at other ministries and departments fuming but North Block is in no mood to relent. The drastic reduction could even see the fiscal deficit contract to 4.5-4.6% of GDP

4.36 PM Jan 20th 2014

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News Now  

Source:The Hindu BusinessLine - The US Senate voted 72 to 26 late on Thursday in favour of a massive Government spending bill that avoid another Government shutdown until at least October. The $1.1 trillion bill, which eases tough spending cuts in place since March 2013, overwhelmingly passed

1.19 PM Jan 17th 2014

unag

Platinum Member

162 Followers

Economy  

with 94 % of budgeted resource is already used..and spending cuts is used to bring down the CAD, what is the benefit of going for a interim budget. Better would be to call for an early election to prevent further drift to broader economy and attempt some thing more credible.

5.41 PM Jan 2nd 2014

tradingmyst
ery

Platinum Member

27 Followers

Indian indices  

Greetings muc, hoping to get short on JPA tommorow if I sense weakness, reasons being 20% spending cuts by GOV and high debt of JPA (stricter prov norms)...... Need ur blessings !!!

9.44 PM Dec 17th 2013

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Developed Markets  

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 2013

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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 2013

g4gurubhai1
15

Silver Member

0 Follower

Commodities  

Senate Democrats and Republicans agreed on a deal setting a 2014 budget at USD1.012 trillion, and a 2015 budget at USD1.014 trillion in a fiscal plan that would reduce automatic spending cuts and deficit levels by USD23 billion over two years.

1.25 PM Dec 12th 2013

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