Jan 23, 2017 at 18:14 | Source: PTI
The five-member panel was tasked to review the FRBM Act in view of suggestions that there should be a broad range for government's fiscal deficit in place of the current practice of having a fixed target.
Jan 23, 2017 at 17:37 | Source: Moneycontrol.com
This audio-visual clip spells out the meaning of fiscal deficit and what it constitutes.
Jan 23, 2017 at 16:39 | Source: Reuters
China had a significantly larger fiscal deficit in 2016 than it targeted, according to a Reuters calculation based on preliminary data released on Monday by the Finance Ministry.
Jan 23, 2017 at 14:48 | Source: PTI
An SBI internal research report, Ecowrap, has pegged in a "fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 percent of GDP." Fiscal deficit for the financial year 2016-17 is Budgeted at 3.5 percent.
Jan 23, 2017 at 14:32 | Source: PTI
Prime Minister Narendra Modi in his year-end speech had made several announcements in support of the rural economy, including cheaper housing loans for low cost housing, interest rebates for farmers, and credit limit hikes and tax incentives for small business, it said.
Jan 23, 2017 at 11:46 | Source: PTI
According to Bank of America Merrill Lynch (BofA-ML), the N K Singh Committee would build cyclicality in setting fiscal deficit projections by switching to a target range (3-3.5 percent) from a point target of 3 percent.
Jan 23, 2017 at 10:24 | Source: Moneycontrol.com
Greater borrowing by the Centre and states will leave banks with lesser funds to lend to companies and individuals, partly negating the gains from demonetisation-induced surge in deposits.
Jan 23, 2017 at 10:13 | Source: Moneycontrol.com
Finance minister could announce a new framework suggesting a fiscal deficit range from 2018-19 setting the stage for replacing the FRBM Act with a new law, giving the govt more flexibility on borrowing & spending; govt awaiting recommendations of NK Singh-panel that is expected to submit report today.
Jan 22, 2017 at 13:00 | Source: PTI
Gold imports witnessed a fall of about 32 percent to USD 17.7 billion in April-December of the current fiscal, which is expected to keep a lid on the current account deficit.
Jan 20, 2017 at 14:50 | Source: CNBC-TV18
Improvements in earnings emerging out of better earnings from banks will trigger Sensex to hit 29,000 level by December, said Indranil Sengupta, Co-head of India Research, BofAML.