Agriculture in India has a long history and is one of the strongholds of the economy. The sector provides employment to over 55% of the Indian workforce and accounts for 14.6% of India’s GDP, playing a crucial role in the overall socio-economic development of the country. View full post on All Stories
Posts Tagged ‘policy’
Wal-Mart to stop extra $1 Sunday pay for employees
December 9th, 2010
davidguide Vittorio Hernandez – AHN News News Writer Bentonville, Arkansas, United States (AHN) – Wal-Mart Stores announced Wednesday that it will no longer pay its employees who work Sundays an additional $1 an hour. The new policy, however, would only cover workers hired after Jan. 1, 2011. Current U.S. employees numbering 1.4 million will not be [...]
Dollar ends lower on China rate hike fears
December 8th, 2010
davidguide THE Australian dollar ended softer today, on growing concern that China was considering tightening monetary policy to slow its rapidly growing economy. View full post on All Stories
Fed’s Lacker: Unemployment shouldn’t be targeted
December 6th, 2010
davidguide WASHINGTON (MarketWatch) — Monetary policy can be steered off-course by targeting unemployment, Richmond Fed President Jeffrey Lacker said in a speech on Monday, according to a transcript of his remarks to the Charlotte Chamber of Commerce. “At some point we will need to respond by reducing the provision of liquidity to the banking system to [...]
China To Set Tight Monetary Policy
December 4th, 2010
davidguide Linda Young – AHN News Writer Beijing, China (AHN) – China announced its intent to tighten its monetary policy in 2011 in a shift from relatively loose to a prudent stance, a sign that it might hike interest rates. In 2008, China responded to the global economic policy by loosening its then tight monetary policy. [...]
Miliband sets out major overhaul of Labour party
November 27th, 2010
davidguide Miliband launches major policy review, saying Labour party must do more than wait for the government to ‘screw up’ Ed Miliband has pledged to make Labour the party of people’s “hopes and aspirations” as he launched a major review of its policies in the wake of the general election defeat. In his first address to [...]
Ex Bulgarian Minister: FinMin Suffocates Economy
October 29th, 2010
davidguide Bulgaria’s budget policy is in complete chaos, said former Energy Minister, Rumen Ovcharov, and accused the Finance Minister Simeon Djankov of suffocating the Bulgarian economy. In an interview for the Bulgarian private TV channel bTV on Friday, Ovcharov said that in a period of 30 months, the inflation in the country will be 10%. He [...]
foreign cash buys ‘effective’
October 27th, 2010
davidguide The Bank of Japan may want to consider buying foreign currency assets to help ease the yen’s appreciation, economic and fiscal policy minister Banri Kaieda said. View full post on All Stories
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Britain’s austerity: 4 lessons for Washington
Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation. View full post on All Stories