Search For "government spending"
Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 2 months ago IST
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to ratin
Read More
India eyes economic gains as China's stimulus fuels surge in global mining
Updated : 2 years, 2 months ago IST
As projected by Fitch Ratings, the neutral sector outlook is buoyed by significant government spending programs in India, Europe, and the United States, primarily directed towards supporting energy transition initiatives and infrastructure development, both reliant on a steady supply of meta
Read More
Pakistan's politicians are failing their most vulnerable people
Updated : 2 years, 11 months ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
Read More
Economic Survey: Outlays of social sector have become outcomes, says CEA N
Updated : 3 years, 1 month ago IST
The CEA said, "General government spending with both the Union and the state governments put together, education has gone up from Rs 5.3 lakh crore to Rs 7.6 lakh crore and healthcare almost more than double in the last three years."
Read More
US: Senate approves USD 12.3 billion aid for Ukraine in war against Russia
Updated : 3 years, 5 months ago IST
Washington [US], September 30 (ANI): US Senate on Thursday approved emergency aid of USD 12.3 billion to Ukraine in its war against Russia. The measure will not only continue government spending for several weeks but will also help Ukraine in war to a greater extent.
Read More
Prashant Bhushan alleges Rs 29 cr state money spent during PM's visit to A
Updated : 3 years, 10 months ago IST
Guwahati (Assam) [India], April 29 (ANI): Assam Chief Minister Himanta Biswa Sarma on Friday denied the allegations of advocate Prashant Bhushan of the state government spending Rs 29 crore on 8,000 vehicles for the day-long visit of Prime Minister Narendra Modi on Thursday, and termed the i
Read More
India's economic recovery is gaining steam: S&P
Updated : 5 years ago IST
Singapore, February 16 (ANI): India is on track for an economic recovery in the fiscal year ending March 2022, S&P Global Ratings said on Tuesday.
Read More
Budget 2021: CII hails 34.5 pc rise budgeted in capital expenditure
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Confederation of Indian Industry (CII) Director-General, Chandrajit Banerjee on Monday welcomed the Union Budget presented by Union Finance Minister Nirmala Sitharaman and said it favoured a major expansion in government spending with a focus on capit
Read More
US Congress unveils USD 2.3 trillion government spending, COVID-19 relief
Updated : 5 years, 2 months ago IST
Washington [US], December 22 (ANI): The US Congress on Monday (local time) unveiled a USD 2.3 trillion spending package hours before it is expected for a passage in both chambers, funding the government through the end of the fiscal year and providing relief to a coronavirus-battered economy
Read More
Steel oversupply to drive price correction in Q2 FY21: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): Steel prices could fall further in coming weeks as domestic production will gradually increase with the easing of lockdown restrictions along with no corresponding increase in demand, according to India Ratings and Research (Ind-Ra).
Read More
CII outlines 10-point roadmap to target inclusive and sustainable growth
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): The Confederation of Indian Industry (CII) has laid out a 10-point roadmap to revive growth and navigate the challenges of loss of lives and livelihoods posed by the global pandemic COVID-19 that has forced countries across the world to reset their growth pat
Read More
Stable outlook for global construction sector supported by infrastructure
Updated : 6 years, 4 months ago IST
Hong Kong, Oct 16 (ANI): Moody's Investors Service said in a new report released on Wednesday that healthy revenue growth and book-to-bill ratios point to supportive business conditions for the global construction sector, supporting its stable outlook for the industry over the next 12 to 18
Read More