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NEW DELHI: In a reform and growth-oriented budgetary exercise to sustain the momentum of fast economic recovery, Finance Minister Pranab Mukherjee on Friday sought to embark on the path of fiscal consolidation by partially withdrawing the fiscal stimulus measures which were put in place to mitigate the hardships flowing from the global financial crisis.
Time for fiscal consolidation: Samir K Barua (The Economic Times)
WPI too is likely to start increasing at double digit percentage by end of the current fiscal.
Bankers give thumbs up to FM (rediff.com)
Leading bankers on Friday welcomed the Union Budget 2010-11, in particular the measures on farm loan repayment, capital infusion into PSBs and interest rate subventions to needy sections, saying that these would make the system healthier.
Taxpayer Alert: 1099 Traps Multiply This Year (Forbes)
Bank consolidations, stock options, and 1099-R changes could create problems. Here's how to stay out of the IRS' crosshairs.
Prosper.com Sees Debt Consolidation Hit All Time High (Business Wire via Yahoo! Finance)
SAN FRANCISCO----Prosper, the worlds largest peer-to-peer lending marketplace with over $190 million in loans and 930,000 members, today released statistics for January 2010. Notable in January was the increase in personal loans for debt consolidation purposes.
Summary of India's Union General Budget 2010-11 (New Kerala)
New Delhi: Feb 26: The Union Budget this year has aimed to focus on inclusive growth and insuring food security. These concerns for aam aadami have gone hand in hand with credible measures for improving investment climate, strengthening infrastructure and fiscal consolidation.
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