Oct 13, 2016 at 07:53 | Source: Reuters
The BOJ is likely to reduce its estimate to the lower 1 percent zone from 1.7 percent now for the fiscal year starting in April, as a stronger yen, weak oil prices and sluggish consumer spending curb inflation, the Sankei reported.
Oct 07, 2016 at 09:31 | Source: Moneycontrol.com
CLSA cuts FY17-FY19 profit estimate of Bharti Airtel by 4-17 percent to factor in spectrum spend, which may impact debt. It maintains buy with revised target of Rs 393 per share.
Oct 04, 2016 at 14:30 | Source: Moneycontrol.com
The decision of the monetary policy committee (MPC), headed by new RBI governor Urjit Patel, will likely cheer business leaders and households as cheaper loans will aid investment and spending.
Sep 22, 2016 at 13:20 | Source: PTI
Sitharaman said the government is spending on creation of modern infrastructure to cut logistics cost, besides promoting online paperwork to reduce human interface.
Jun 28, 2016 at 19:20 | Source: PTI
Finance minister George Osborne warned today that Britain would face tax rises and further cuts to state spending after the country voted to leave the European Union.
Jun 14, 2016 at 15:39 | Source: Reuters
After quarterly profit and sales missed expectations in April, Ericsson said slower network spending in Europe and Latin America would require further cost cuts, but it not say how big those cuts would be.
Jun 08, 2016 at 12:44 | Source: Reuters
Plunging oil prices since mid-2014 have placed great stress on Saudi Arabia's finances, causing a big budget deficit last year and forcing it to seek new sources of income, including taxes and other fees, and to make extensive spending cuts. The government aims to balance its budget by 2020, Alassaf said.
May 23, 2016 at 07:34 | Source: PTI
After waves of protests over a string of unpopular reforms, lawmakers from the ruling leftist party are to approve today night a bill of over 7,000 pages that raises the sales tax cap and introduces a mechanism to slash spending further in case of budget overruns.
May 23, 2016 at 07:32 | Source: PTI
There was one small dent in the left-led government majority of 153 lawmakers in the 300-member Parliament, with one Syriza party MP voting against the superfund and the contingency mechanism that will trigger automatic spending cuts if Greece fails to meet the targets of its bailout agreement with its creditors.
May 04, 2016 at 12:09 | Source: Reuters
In its first earnings results since its February 15 USD 54 billion acquisition of BG Group, the Anglo-Dutch company reported current cost of supplies (CCS) earnings excluding identified items, the company's definition of net income, of USD 1.55 billion, compared with analysts' expectations of USD 1.04 billion.