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AUSTERITY PROGRAMMES
Brush up on austerityThe passage humorously mocks extreme cost-cutting measures. In one example, a family shares a single toothbrush and cuts back on toothpaste...- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Assam austerity drive: Inter-district movement of CAPF/Assam Police to be restrictedAssam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...
- Maharashtra govt to roll out farm loan waiver before June 30: Devendra FadnavisMaharashtra Chief Minister Devendra Fadnavis confirmed a farm loan waiver will be implemented before June 30. Preparations are in the final...
- Delhi minister takes e-rickshaw heeding Modi's advice to shun fuel-driven carsDelhi Education Minister Ashish Sood embraced public transport, travelling by Delhi Metro and an e-rickshaw. This move aligns with Prime Mi...
- Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran warCII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of ...
- Pakistan extends countrywide austerity drive after US, Iran fail to strike dealPakistan Prime Minister Shehbaz Sharif has extended nationwide austerity measures until June 13 amid continuing uncertainty over the Iran c...
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- EU chief says Greek leader must come clean on election promisesThe comments are the latest in a series of unusually blunt exchanges between Greek and European leaders.
- Government may have to borrow more than budgeted: DK Joshi, CRISIL'The only way to attain the fiscal target of 4.8% is to cut down capital expenditure quite sharply,' says DK Joshi
- Mamata Banerjee questions timing of UPA's austerity measuresMamata Banerjee today questioned the timing of the austerity measures announced by the UPA government.
- Greece to ask for 2-yr extension of austerity-plan, Germany says noSamaras will suggest that public spending cuts be spread over four years instead of two to help the plunging Greek economy return to growth.
- India pledges $10 billion to IMF’s crisis management fundIndia will contribute $10 billion to IMF’s crisis management fund that has been created to deal with the eurozone crisis, said PM Manmohan ...
- Global downer looms: Greece may exit eurozoneThe panic roiling the markets is driven by the fear that Grexit will not be a standalone event - with Grexit being followed by Italeave and...
- Grexit and its implications on Eurozone and global marketsGrexit, the term being used to describe Greece leaving the Eurozone, is likely to dominate world markets for a while, as fresh elections in...
- European electorates are rejecting austerity programmes: James Glassman, JPMorgan Chase & CoPolitical uncertainty is difficult to deal with but for the message it sends about growth and the distaste for austerity tells you that eve...
- Euro zone finance ministers call off meet over Greece bailoutThe euro zone finance ministers have called off an emergency meeting in Brussels today, which was intended to approve a $170 billion financ...
- EU's need to rescue its members smacks of institutionalised incompetenceThe Euro-zone's need to rescue three of its members (Greece, Ireland and Portugal) with three others smacks of institutionalised incompeten...
- No austerity measures for France: SarkozyFrench President Nicolas Sarkozy on Monday rejected the claim that his government was adopting austerity measures after it announced a thre...
- No 'vulgar' salaries please, Khurshid tells India IncHaving launched an austerity drive to check public expenditure, the government has advised India Inc to refrain from doling out "vulgar" sa...
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