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| Roll back of stimulus package would be disastrous: India Inc | 12-OCT-09 |
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| The Indian industry today said that rolling back of fiscal and monetary stimulus packages, injected by the government to counter the effects of economic downturn, at this stage would be "counter-productive and disastrous to the industry. |
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| Akash Prakash: A dangerous time | 09-OCT-09 |
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| Markets are going through a dangerous and choppy phase. If economic growth is strong and confidence comes back, pressure will continue to build on governments and central banks to roll back quantitative easing and other emergency fiscal and monetary measures. The political mood seems to have changed in most OECD (Organisation for Economic Cooperation and Development) capitals, and it would be very difficult for any government to justify new stimulus measures in today’s environment. Public pressure to reduce government budget deficits and minimise public debt burdens is growing across the developed world. |
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| FDIC proposes banks to pre-pay premiums worth $45 bn | 30-SEP-09 |
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| The US Federal Deposit Insurance Corporation, the agency which insures deposits of over 8,000 financial institutions, has proposed these entities to pay up to $45 billion as advance fees to bolster its fund. |
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| G20 summit eve: India for continuance of stimulus package | 24-SEP-09 |
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| India will seek continuance of the stimulus package, devised to get the global economy out of the worst crisis since the Great Depression of the 1930s, at the G-20 Summit here on Thursday, while pitching strongly against any attempts at protectionism and advocating reforms of the international financial institutions. |
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| April-Aug excise kitty down 25% | 19-SEP-09 |
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| Successive stimulus packages have pulled the central excise collections for the first five months (April-August) of the current financial year down by over 25 per cent. |
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