Personal Tax Down & Fiscal Deficits Up in Indian Union Budget 2009-2010
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Category: Markets
World Economy: Swine Flu Outbreak Could Derail Global Economic Recovery
Swine Flu (H1N1 Influenza A) Outbreak Map – 5 May 2009
Swine Flu Outbreak Map – 27 April 2009
Source: FluTracker
US Economy: Obama Announces Plan for Economic Recovery
Washington, 25 Mar. Today US President Barack Obama announced his plan for economic recovery. Included in this strategy includes means to create new jobs, reviving the housing market, and reestablishing liquidity in banks and getting them to resume lending.
Obama said, “We are beginning to see signs of progress. The budget I submitted to Congress will build our economic recovery on a stronger foundation, so that we do not face another crisis like this 10 or 20 years from now.”
India Economy: On the Road to Recovery?
New Delhi, 11 Mar. Top Indian economic adviser Suresh Tendulkar recently reported that the nation’s economy could be on the path to recovery. This came with the Reserve Bank of India (RBI) cutting the reverse repurchase rate to 3.5% and the repurchase rate to 5%.
