Saumitra Chaudhuri
Saumitra Chaudhuri
contain costs economic impact small within
If they are able to contain it within a small area, the economic impact will not be much but if it spreads, the economic costs will be very, very high.
coming demand economy jobs keeping manpower overseas rising services
Overseas investments are coming in every sector, from manufacturing to services. New jobs are being created. Demand for manufactured goods, services and manpower are rising and that's keeping the economy buoyant.
budget continues cut deficit economy lowest means next pay plan pressure rates since
The government's plan to cut the deficit will pay off if the economy continues to accelerate. The budget deficit next year, which would be the lowest since 1980, means there won't be pressure on rates to rise.