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Spending Cuts

Jan 19, 2015 at 08:46 | Source: Reuters
Oil services giant Schlumberger Ltd on Thursday said it will reduce spending this year by 25 percent and fire 9,000 workers worldwide, surprising investors with the size of the cuts
Jan 17, 2015 at 16:07 | Source: CNBC-TV18
The panel is learnt to have recommended ways to achieve fiscal discipline for Budget FY16 by suggesting better targeting of Kerosene, LPG subsidies and cutting government spend via levying user charges on services to shore up non-tax revenues.
Jan 15, 2015 at 12:11 | Source: PTI
"RBI's decision to cut the interest rate will lead to more money in the hands of the consumer for greater spending. It is positive for the Indian economy and it will certainly help in reviving the investment cycle the government is trying to restore," Jaitley said.
Jan 14, 2015 at 09:36 | Source: Moneycontrol.com
Competitive pressures leading to price cuts and higher ad spends, slower revenue growth, flat net profit margins and expensive valuations have been cited as the reasons for the bearish view
Dec 19, 2014 at 15:00 | Source: Moneycontrol.com
Chief economic advisor Arvind Subramanian said the government will have to consider all measures including spending cuts to meet the target.
Dec 19, 2014 at 11:00 | Source: Moneycontrol.com
Nayar says there are no signs of increased consumption spending as yet. He expects the rupee to be under pressure over the next few months
Nov 27, 2014 at 09:38 | Source: Reuters
Upasna Bhardwaj, economist at ING Vysya Bank, expects slower government spending, exports and agricultural output to have weighed on growth.
Nov 26, 2014 at 20:27 | Source: CNBC-TV18
The idea is to focus on tightening plan spends and putting Budget outlay to better use, say sources.
Nov 07, 2014 at 18:12 | Source: PTI
The agency pegged the final fiscal deficit print at 4.2 percent, against the budget promise of 4.1 percent, despite the 10 percent spending cut announced last week
Nov 04, 2014 at 14:39 | Source: Moneycontrol.com
Student credit cards are another customized version of credit cards that have been designed to help students avail various benefits on their spending, apart from cutting out the hassle of carrying paper money.
Messages on Spending Cuts »

rahulsnh

Silver Member

2 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

Web Messenger

Platinum Member

266162 Followers

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

Web Messenger

Platinum Member

266162 Followers

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

151 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

Web Messenger

Platinum Member

266162 Followers

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

Web Messenger

Platinum Member

266162 Followers

News Now  

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

News across the web »
Jan 30, 2015 at 23:15 | Source: FirstPost
Jan 30, 2015 at 17:32 | Source: BBC