Tag Archives: revive

PM Modi, Economists Brainstorm On Ways To Revive Growth

The interactive session, organised by NITI Aayog, was attended by PM Modi (File Photo) NEW DELHI:  Prime Minister Narendra Modi today brainstormed with economists and experts on the state of the economy as the government looks to revive growth which is set to hit a 4-year low. The meeting with over 40 economists and sectoral experts came weeks before the NDA-government ... Read More »

Govt makes fresh attempt to revive IDBI Bank

Privatisation of IDBI Bank might be further delayed, with the government making a fresh attempt to revive the state-owned lender after fresh slippages were reported over the last two quarters that derailed the stake sale plan. The recovery plan includes capitalisation through non-core assets sale, hiving off subsidiaries, controlling expenses and remodelling the business. The qualified institutional placement (QIP) plan ... Read More »

BOJ will act ‘without hesitation’ to revive inflation- Kuroda

The recent dip in inflation in Japan may mean inflation expectations are not yet anchored at the Bank of Japan’s two percent target, and the bank will approve more quantitative easing or lower negative interest rates “without hesitation,” BOJ Governor Haruhiko Kuroda said on Saturday. “The Bank of Japan will continue to carefully examine risks and take additional easing measures ... Read More »

Time is running out to revive the global economy, warns IMF chief Christine Lagarde

Time is running out for policymakers to stop the scars of the 2008 financial crisis from eroding the social fabric of nations, the head of the International Monetary Fund has warned. Christine Lagarde said co-ordinated action was needed to prevent the global economy from slipping into a “new mediocre” of low growth that would be “hard to reverse”. While Ms ... Read More »