Showing posts with label global financial crisis. Show all posts
Showing posts with label global financial crisis. Show all posts

Friday, December 12, 2008

GOVT ANNOUNCES STIMULUS PACKAGE, INCLUDING TAX CUTS

The government on Sunday announced major tax cuts across the board to boost demand and allocated additional funds and incentives for exports, housing, textile and infrastructure to stimulate the economy, hit by the global financial crisis.

Livemint

Saturday, November 29, 2008

INDIAN ECONOMY GROWS BY 7.6% IN Q2

Powered by construction and services, the Indian economy notched a reasonable growth rate of 7% in the second quarter of the current fiscal, but analysts said monetary supply should be further eased to prevent the growth from declining in the remaining quarters.

MINT