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Fiscal deficit figure provides some respite
The country’s fiscal deficit narrowed to 5.75 per cent of the gross domestic product (GDP) in 2011-12, compared with 5.9 per cent in the revised estimates, despite the actual GDP being slightly lower than that assumed in the Budget. This was because expenditure was also less than that estimated in Budget 2012-13. Fiscal deficit stood at Rs 5.09 lakh crore in 2011-12, lower than the revised estimate
The country’s fiscal deficit narrowed to 5.75 per cent of the gross domestic product (GDP) in 2011-12, compared with 5.9 per cent in the revised estimates, despite the actual GDP being slightly lower than that assumed in the Budget. This was because expenditure was also less than that estimated in Budget 2012-13. Fiscal deficit stood at Rs 5.09 lakh crore in 2011-12, lower than the revised estimate
Telcos oppose DoT going back to Trai for 10-yr spectrum validity
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)’s decision to ask the Telecom Regulatory Authority of India (Trai) to give its
WEF releases report on cyber security
Bangkok, Thailand, May 31 (IBNS) Increasing dependence on connectivity calls for chief executives and other leaders to take responsibility for improved protection and resilience against cyber risks, according to a new report released on Thursday by the World Economic Forum (WEF), in collaboration with Deloitte member firms.
Bangkok, Thailand, May 31 (IBNS) Increasing dependence on connectivity calls for chief executives and other leaders to take responsibility for improved protection and resilience against cyber risks, according to a new report released on Thursday by the World Economic Forum (WEF), in collaboration with Deloitte member firms.
'Money ball' Premier League clubs are 2.4 billion pounds in debt: Report
English Premier League clubs are in debt up to an estimated 2.4 billion pounds, despite raking in colossal combined revenues, according to a report.
English Premier League clubs are in debt up to an estimated 2.4 billion pounds, despite raking in colossal combined revenues, according to a report.
Wealthy clients turned tables on UBS and staff?
A close reading of the UK Upper Tribunal’s recent decision on an appeal by a former UBS employee reveals the possibility of a volte-face by several clients on their initial positions, putting
Sparks fly over stalled BHEL projects in Tamil Nadu
Mining and power generating company Neyveli Lignite Corporation (NLC) recently declared it had been unable to add around 1,500 mega watt (Mw) of power to the grid in Tamil Nadu which would have
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