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| Divestment answer to India's eco concerns: Moody's | 16-JUL-09 |
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| The government plan to sell stakes in state-owned enterprises would help it address many of India's existing economic concerns and alleviate the current "fiscal stress", according to Moody's. |
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| Economy showing early signs of recovery: FM | 14-JUL-09 |
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| Finance Minister Pranab Mukherjee today said the economy was showing early signs of recovery and explained that the government had to increase borrowings to invest more in the absence of private investments. |
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| FIIs pull out Rs 5,000 crore from equities post-Budget | 14-JUL-09 |
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| Foreign institutional investors (FIIs) have pulled out over $1.06 billion (around Rs 5,000 crore) from the Indian stock market after the presentation of the Union Budget on July 6. Their net sales in the last six trading days have been Rs 5,240 crore. |
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| Fin Min-led GOM to handle 3G spectrum issues | 13-JUL-09 |
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| The government today constituted a Group of Ministers to look into pricing and auctioning of spectrum for 3G telephony that will revolutionise the way data is received and transferred on mobile phones. |
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| Subir Gokarn: Fiscal scenarios | 13-JUL-09 |
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| The Union Budget for 2009-10 estimated that the fiscal deficit for the current year would be 6.8 per cent of GDP, 1.3 percentage points higher than the interim budget had projected. |
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| Expectations belied | 13-JUL-09 |
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| While the markets are not impressed, the Budget’s eyeing higher growth rates through infrastructure spending and by boosting consumption. |
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| Finance Minister allays fear of high govt borrowing | 11-JUL-09 |
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| The Government today allayed apprehensions that its high borrowings, pegged at about Rs 400,000 crore to fund its widening fiscal deficit, will dry up resources for the private sector, a fear that sent stock markets to a tailspin after presentation of the Union Budget. |
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