9911796707
TMI BlogEconomic RecessionX X X X Extracts X X X X X X X X Extracts X X X X ..... Economic Recession X X X X Extracts X X X X X X X X Extracts X X X X ..... nd financial channels. The macro effect of the global crisis on the domestic economy has however been muted . Though there has been a moderation in growth with Gross Domestic Product at constant price ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s growing at 7.8 percent during April- September of 2008-09 as compared to a growth of 9.3 percent in the corresponding period of 2007-08, the growth potential of the economy as determined by the savi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ngs and investment ratios, is robust. To safeguard the economy against adverse impact of the global financial crisis, the Reserve Bank of India has taken measures inter-alia for reduction in Cash Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... serve Ratio and Statutory Liquidity Ratio, reduction in repo and reverse repo rates and for liberalising access to external commercial borrowings. The Government has announced a fiscal package which i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncludes additional plan expenditures, reduction in the ad valorem Cenvat rate and measures to support exports. These measures have ensured the effective functioning of the financial system and improve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment in liquidity in the money market. This information was given by Shri Pawan Kumar Bansal, Minister of State for Finance in reply to a question raised by Shri Shantaram Laxman Naik in Rajya Sabha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... today. X X X X Extracts X X X X X X X X Extracts X X X X
|
