Fiscal deficit soared by 34 per cent to Rs 3. 5 lakh crore in the first ten months of the financial year against Rs 2
Despite the global financial crisis, India hopes to achieve a GDP growth rate of seven per cent this year and return to about a nine per cent per annum growth within two years, Prime Minister Manmohan Singh said today.
As part of wall-fencing against any possible financial crisis in the country, the government today proposed setting up a high-level panel for maintaining financial stability.
"The financial crisis of 2008-09
Leading economists feel that the economy is likely to grow in the range of 6. 7 to 7
Since the financial crisis hit, banks have chipped away at the mountain of mortgages and credit card debt looming over struggling Americans
The US Treasury has received $45 billion from Citigroup and Wells Fargo as repayment of loans which the Obama Administration had given to the two American banking giants to help them recover from financial crisis.
When 2008 dawned, financial markets were in a mess — housing prices had collapsed in the US triggering what many feared to be the arrival of worst financial crisis since
When the financial crisis began, few players on Wall Street looked more ripe for reform than the Big Three credit rating agencies
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