IMF stresses upon spending cuts in Gulf despite oil recovery
A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending.
Oct 19, 2016, 13:08 PM IST
April-Jan fiscal deficit overshoots full-year target: Govt
India`s January fiscal deficit overshot the full-year target as the gap swelled to 5.68 trillion rupees ($91.70 billion), or 107 percent of the target for the 2014/15 fiscal year ending in March, government data showed on Monday.
Mar 02, 2015, 18:32 PM IST
Spending cut may not adversely impact growth: Goldman Sachs
Experts have for long been arguing about a possible re-allocation of resources for capital spending rather than current spending, to boost the growth.
Aug 06, 2014, 22:12 PM IST
