The US President Barack Obama urged the Senate on Thursday in Washington to pass a massive financial reform bill that would place new regulations on Wall Street designed to prevent the risky practices that sparked a worldwide economic downturn two years ago.
US President Barack Obama has urged the world's top 20 economies to work together to boost reforms and take aggressive actions to repair the worst global financial crisis since the 1930s.
India and South Africa Friday signed three agreements aimed at enhancing business ties and connectivity. The two countries also reiterated support for each other for a non-permanent seat in the UN Security Council and agreed to jointly work for the reforms of the global body.
BEIJING: IMF yesterday, said structural betterments that include GST and the other land reform zones will be the prominent factors to amplify the economic
The Commerce and Industry Ministry has started working on a new set of reforms for states that will help them improve their rankings in ease of doing business.
Putting spotlight on structural reforms in India, NITI Aayog Chief Executive Amitabh Kant on Thursday said that the country has taken a series of steps including the GST enactment and demonetisation of 500 and 1000 rupee notes with a focus to achieve sustainable growth rate of 9-10% in the coming three decades.
Florida Democrats, who are in favor of health care reform efforts, worry that an up-and-coming GOP Senate candidate may pose a serious threat to the quality of the Florida health care system.
Before the reform and opening up (1978), there was a very small output volume of poultry eggs in China and poultry eggs were extremely insufficient for a long period. After the reform and opening up, the poultry egg industry boomed in China. In 1984, China surpassed the U.S. in the output volume of poultry eggs, with poultry egg output value ranking No.1 in the world.
The US Senate is set to begin debating an overhaul of financial regulations this week, despite the failure of Democrats and Republicans to reach a compromise on the far-reaching legislation after months of talks.
With the aim to continue fiscal reforms in West Bengal, the Central Government on Tuesday signed a $300 million loan agreement with the Asian Development Bank (ADB) for improving the quality of public service delivery in the state.
NITI Aayog Vice-Chairman Arvind Panagariya has said that a good monsoon, reforms and good decisions in a timely manner by the Government of India will definitely drive the country's growth above the mark of 8% in the following quarters of this financial year.
The fertiliser sector in India has been through difficult times in recent years. Stagnant production, no fresh investment and poor financial health of the units were accompanied by high level of import, imbalanced use of nutrients and deteriorating soil health. Mounting subsidy bill posed a serious fiscal management problem to the government.
British Chancellor of the Exchequer George Osborne has announced sweeping changes for stronger regulation of the UK's banking system in order to avoid a banking meltdown like the one in 2007 that plunged the country into the worst financial crisis.
The healthcare reform bills passed by committees in the House of Representatives and the Senate have significant differences. These variations will have to be hammered out before a final bill is presented to both chambers in Congress.
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