Whether rupee will be sub 60 to a us dollar will largely now depend on efficient management of fiscal deficit, inflation and interest rates. Had the CAD narrowing by about 4% to GDP been resultant of higher GDP, rupee automatically would have been much stronger than it is today.
10.53 AM Dec 3rd
Source:The Hindu BusinessLine - Committed to keeping the fiscal deficit under check, Prime Minister Manmohan Singh has convened a high-level meeting tomorrow to push forward the disinvestment programme with a view to achieving the budgetary target of Rs 40,000 crore in the current fiscal
6.56 PM Dec 2nd
don`t increase diesel prices instead reduce taxation . Reduce taxation on petrol too. Cooking fuel can be made costly to any level as we have got infinite indigenous substitutes of the same and the same can finish fiscal deficit caused by motor fuel tax reduction .
7.43 PM Nov 30th
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