"We consider that the fiscal stance adopted by India is exactly appropriate and a very sensible objective that has been set. It's just the right one that has been set under the given circumstances," IMF chief Christine Lagarde told reporters here.
China`s fiscal revenue growth is set to hit a three-decade low in 2015, Deutsche Bank said in a report, complicating policymakers` efforts to rein in runaway local government debt without crippling the broader economy.
Despite facing hurdles like delays in green nods, Coal India is striving to achieve a 5 percent growth in production this fiscal against 431.32 million tonne (MT) output achieved in 2010-11, the government Monday said.
One of the youngest players in the life insurance space, IndiaFirst Life Insurance, has set a target of mopping up Rs 1,200 crore from new premium this fiscal and has lined up a bouquet of products to help achieve this goal.
Japanese National Strategy Minister Naoto Kan said on Sunday the country`s economy can avoid a double-dip recession thanks to economic recovery abroad, fiscal stimulus by the government and better market conditions.