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Fiscal Deficit Budget 2010

FinMin echos StanC's 6% GDP, overall macro cheer sentiment 

Aug 12, 2014 at 19:00 | Source:CNBC-TV18

Clearly like every rating agency, the concerns raised by Standard & Poors in terms of the India Budget numbers are primarily on two fronts; the economic growth rate expected for current financial and how achievable is the fiscal deficit target.

Govt will meet fiscal deficit target of 4.1%: Mayaram 

Aug 04, 2014 at 14:59 | Source:PTI

The Finance Secretary said though it's a tough task, the government will be able to meet the target as there are "clear signs" of economy picking up, leading to buoyancy in revenue realisation.

Govt may achieve Fiscal Deficit of 4.1% in FY15: GEPL Cap 

Jul 15, 2014 at 12:59 | Source:Moneycontrol.com

According to GEPL Capital, the budget was positive & showed the Governments intent to achieve the Fiscal Deficit target of 4.1% in FY15 & control expenditures. Fiscal Deficit prediction is 3.6% for FY16 & 3% for FY17, says the report.

Budget introduces fiscal prudence, growth trigger: Eon Elec 

Jul 14, 2014 at 16:22 | Source:Moneycontrol.com

Reducing fiscal deficit and controlling inflation were two measures which called for immediate attention. This is exactly what the government has attempted to do in this Budget

Budget 2014 'addressed almost all concerns': Finance Secy 

Jul 12, 2014 at 17:05 | Source:CNBC-TV18

The Union Budget of 2014-15 that was presented by Finance Minister Arun Jaitley was growth-oriented and addressed almost every concerns, Finance Secretary Arvind Mayaram said.

Govt presented realistic Budget with a set of new ideas 

Jul 11, 2014 at 21:41 | Source:Moneycontrol.com

However, the fiscal deficit target for FY15 seems difficult and the path set for fiscal consolidation for the next few years needs to be carefully looked at.

Nifty marks biggest weekly loss in 15 months; Q1 nos eyed 

Jul 11, 2014 at 19:23 | Source:Moneycontrol.com

The sharp fall was attributed to absence of subsidy rationalisation, unrealistic fiscal deficit target of 4.1 percent for FY15 set by Finance Minister Arun Jaitley in his maiden Budget, not so reformist Railway Budget, fiscal crisis in Europe, issue of GAAR and unwinding of long positions, say experts.

Budget 2014: Balancing act foregoes the bitter pill, says Emkay 

Jul 11, 2014 at 19:04 | Source:Moneycontrol.com

Emkay Global Financial Services has come out with its review on budget 2014-15. The budget talks about containing fiscal deficit, it has tried to safeguard the pro-poor slant. Fiscal deficit target of 4.1% for FY15 retained, aim to bring it down to 3% by FY17, says the report.

NDA presented excellent, pragmatic Budget: Angel Broking 

Jul 11, 2014 at 17:22 | Source:Moneycontrol.com

Accepting a task of reducing fiscal deficit target to 4.1% of the GDP in the current year followed by 3.6% for 2015-16 and 3% for 2016-17 indicates fiscal prudence and consolidation through various policy measures.

Govt to reduce fiscal deficit to 4.1% for FY15: Way2Wealth 

Jul 11, 2014 at 16:20 | Source:Moneycontrol.com

Way2Wealth has come out with its review on budget 2014-15. According to the research firm, the Government has targeted to reduce fiscal deficit to 4.1% for FY14-15.

Budget 2014: Aim to achieve 7-8% economic growth rate in next 3-4 years 

Jul 11, 2014 at 15:33 | Source:Moneycontrol.com

Religare Retail Research has come out with its highlights on Union Budget 2014-15. According to the research firm, the govt. Aim to achieve 7-8% economic growth rate in next 3-4 years. However, Aiming Fiscal Deficit of 3% in FY16-17.

Downside to corporates capped: India Ratings 

Jul 11, 2014 at 15:30 | Source:Moneycontrol.com

The gradual targeted reduction in fiscal deficit if achieved is likely to provide domestic currency stability, in absence on any external shock, says India Ratings.

Key takeouts from Jaitley's Budget speech 

Jul 11, 2014 at 15:08 | Source:Firstpost.com

One cannot be sure the final budget numbers will all add up, for Jaitley has taken a gamble: he has gambled that he will boost growth to reduce his fiscal deficit, and not immediately cut expenditures it to bring finances in order. In this way he has done the opposite of what Chidambaram did.

Budget 2014: Do not see govt achieving fiscal deficit of 4.1%: Deutsche 

Jul 11, 2014 at 12:49 | Source:CNBC-TV18

According to Taimur Baig, if there is a huge pickup in economic buoyancy that raises tax revenues and if global fuel prices fall severely then there may be a slight change to achieve a fiscal deficit target of low 4 percent

Budget 2014: 4.1% fisc deficit doable, see FY15 GDP at 5%: Nomura 

Jul 11, 2014 at 10:51 | Source:CNBC-TV18

There are always ways to reach the 4.1 percent fiscal deficit number but there are questions on the revenue assumptions, says Sonal Varma India Economist Nomura Financial Advisory & Securities (India).

Analysts positive on market, advise what to buy post Budget 

Jul 11, 2014 at 08:59 | Source:Moneycontrol.com

JP Morgan says Budget strikes a middle path between fiscal consolidation and promoting medium-term growth. The fiscal deficit target remains at 4.1 percent without taking recourse to large asset sales.

Rupee's biggest fall in nearly a month; may drop further 

Jul 10, 2014 at 21:21 | Source:Reuters

Prime Minister Narendra Modi's new government on Thursday unveiled a maiden Budget that seeks to revive growth and curb borrowing, but left open questions on how it would reduce the fiscal deficit and restore investor confidence.

Fiscal deficit target of 4.1% a daunting challenge: Moody's 

Jul 10, 2014 at 19:46 | Source:CNBC-TV18

Fiscal deficit target of 4.1% a daunting challenge: Moody's

Budget 2014: It is not the end, but start of the journey, says Jaitley 

Jul 10, 2014 at 19:34 | Source:CNBC-TV18

Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.

Govt to adhere to fiscal prudence, says Chokhani 

Jul 10, 2014 at 18:47 | Source:CNBC-TV18

According Manish Chokhani, chairman of TPG Growth India & Director of Enam Holdings, says although it was not a big bang Budget, it does give a roadmap that the government is moving in the right direction.

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