As India unveils Budget tomorrow, the International Monetary Fund has prescribed that fast-growing emerging markets can start withdrawing stimulus packages so that large public debt could be reduced.
Concerned over the possibility of withdrawal of stimulus packages in the upcoming Budget, India Inc has urged Finance Minister Pranab Mukherjee not to raise excise or service tax till the
With less than a fortnight to go for the Budget, tax experts urged Finance Minister Pranab Mukherjee to bite the bullet and roll back stimulus, a suggestion which did not
Economic growth numbers for the current fiscal, to be released by May, will provide actual picture to the government to decide if stimulus packages could be rolled back, Chief Statistician Pronab Sen said today.
Indian firms are expected to announce a sharp rise in profits when the quarterly reporting season kicks off this week, aided by improving business and a low base from the
Finance Minister Pranab Mulkerjee today said a balance has to be stuck on the issue of continuity of the stimulus packages.
The Asian Development Bank raised its growth forecasts for developing economies in Asia on Tuesday, but warned against any hasty withdrawal of stimulus packages, saying they were still needed to
The government today said stimulus packages to perk up the economy during the slowdown are not likely to be withdrawn this fiscal and the exit when it happens will be a gradual one.
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