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credit and debt
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New Delhi,
Friday, May 17, 2013
Disappointing that it has not improved its outlook for India: Raghuram Rajan
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More on credit and debt AND:
debt market,
financial markets
PARIS,
Wednesday, May 1, 2013
Anger and rebellion have taken the form of despair in Europe as more bad news pours in about recession, job cuts and austerity measures, reflected in low turnouts on May Day rallies.Unions...
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More on credit and debt AND:
France,
government debt,
Greece,
labour legislation,
Spain,
unemployment,
unions,
United Kingdom
BEIJING,
Wednesday, April 17, 2013
The level of debt was “worrying not only because of its size”, but because “it is not transparent.”
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More on credit and debt AND:
economic policy,
government debt
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NICOSIA,
April 2, 2013
Cypriot Finance Minister Michalis Sarris has resigned after an investigation was ordered into how the country’s economy nearly collapsed last month. The government said on Tuesday that P...
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Mumbai,
December 3, 2012
A loosening in fiscal policy ahead of elections can further weaken public finances
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Mumbai,
September 17, 2012
Global ratings agency Standard & Poor’s, which had in June threatened to downgrade India’s sovereign ratings to junk status, today welcomed the rash of big-ticket reform measures by the Govern...
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NEW YORK,
September 11, 2012
Moody’s Investors Service says it would likely cut its “Aaa” rating on U.S. government debt, probably by one notch, if federal budget negotiations fail. If the highly partisan Congress d...
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BERLIN,
August 23, 2012
Greece’s Prime Minister has warned those politicians in Europe who are happy to see the country leave the euro that such an event could trigger a domino effect throughout the 17-nation bloc using...
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MADRID,
July 25, 2012
Spain remained under intense financial pressure on Wednesday as investors demanded high rates to lend the government money, while the country’s politicians battled to avert a full-blown bailout fo...
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Mumbai,
July 5, 2012
Kingfisher Airlines was given a 15-day time by its lenders to come up with a plan to improve its operations. The debt-trapped airlines was running a truncated service currently.
T...
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NEW DELHI,
June 11, 2012
Cites division of roles between "powerful" Sonia and "unelected" Manmohan for impasse
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February 27, 2012
It is becoming increasingly clear that Kingfisher Airlines is well beyond rescue and only a miracle can save it. That miracle can come in either of two ways, or maybe even both.First, Vijay...
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ATHENS,
February 10, 2012
Thousands took to the streets of Athens as Greek unions launched a two-day general strike against planned austerity measures on Friday, a day after the country’s crucial international bailout was p...
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January 6, 2013
At the beginning of the New Year, there has been a succession of bad news concerning the external sector. The Reserve Bank of India (RBI) released its quarterly report on balance of payments (BoP)...
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October 30, 2012
Until the economy improves, there is likelihood of these NPAs increasing, says Subbarao in his interview with Oommen A. Ninan
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September 16, 2012
The Reserve Bank of India (RBI) will unveil its credit policy review later today. As has been the case before every policy review, speculation is rife as to what the central bank will do for intere...
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Paris,
September 10, 2012
His popularity ratings had begun dipping dangerously and the press was at his heels, like a pack of wild dogs on the scent of prey — even usually friendly left-wingers like Le Monde, Le Nouvel Obs...
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Udhagamandalam,
July 25, 2012
Banks should evolve schemes to help people in remote areas improve their standard of living, Chief Minister Jayalalithaa said on Wednesday at Kodanad, a remote area in the Nilgiris. They...
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BRUSSELS,
July 10, 2012
Euro area finance ministers agreed early Tuesday on the terms of a bailout for Spain’s troubled banks, saying that €30 billion ($36.88 billion) can be ready by the end of this month. The...
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NEW DELHI,
June 12, 2012
The global rating agency, Standard and Poor (S&P), in its report on the Indian economic impasse, said Prime Minister Manmohan Singh “often appears to have limited ability to influence his Cab...
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February 28, 2012
The G-20 nations are conditioning additional money for the International Monetary Fund on the European Union first increasing its financial stabilisation funds to ease concerns about the Euro zone...
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MUMBAI,
February 25, 2012
The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides
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New Delhi,
February 6, 2012
Even as there is no immediate threat of downward tweaking, global rating agency Standard & Poor's (S&P) on Monday cautioned India that its sovereign credit rating could tilt slightly towar...
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