In Union Budget 2016, Arun Jaitley, Hon’ble Finance Minister, took the challenge to stick to the fiscal deficit at 3.5% of Gross Domestic Product (GDP) for 2016-17, after achieving the 3.9% of GDP target in 2015-16. Along with the background like depressing global environment, market slowdown in domestic manufacturing and increasing expenditure demands, this year […]
Upcoming Financial crisis in 2016 ?
The case seems heard: the market decline is explained by the generosity of central banks. This interpretation, however, forget why this very accommodative monetary policy has become inevitable … The financial crisis is back. Nearly eight and a half year after the first tremors of the subprime crisis, global stock markets plunge again, banks’ health […]
Uber to Launch Meal Delivery Service in 10 US Cities
Uber Technologies Inc. has developed a full-scale meal delivery service and it is preparing to roll it out in about 10 cities in the US. This is an expansion that will test the ability of the company to use its drivers for moving goods. In the next few weeks, customers in cities such as Chicago, […]
Fuji Credit Asset Management – December US Payrolls Beat Expectations
Fuji Credit Asset Management reports the employment picture in the US continues to improve with 292,000 new jobs created in December. According to Japan’s Fuji Credit Asset Management US Labor Department has said that jobs growth in the world’s biggest economy surged in December with 292,000 new positions created. The data, released last Friday, saw […]
Fuji Credit Asset Management – China Jitters Roil Global Markets
Fuji Credit Asset Management: Global markets begin 2016 on troubled note as China concerns spark selloff in US and Europe. Fuji Credit Asset Management says global equity markets have had a volatile start to the new year following worse-than-expected economic data from China. China’s main indexes plunged by 5% triggering “circuit breakers” that halted trading […]
‘India Is A land Of Possibilities’
Prime Minister Addresses India-Japan Business Leaders Forum New Delhi (PIB-GR-TYP-BIN): The Prime Minister, Mr. Narendra Modi, and the Prime Minister of Japan, Mr. Shinzo Abe, addressed the India-Japan Business Leaders Forum in New Delhi on December 12. In his remarks at the event, the Prime Minister emphasized that he wanted India and Japan to move […]
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