Source:VC Circle - Still, the minister can only meet his fiscal deficit target of 4.8 per cent of GDP by rolling over a substantial amount of subsidy spending into next year's budget and by finding big savings elsewhere, two senior finance ministry officials said. A
4.27 PM Dec 6th
For markets to sustain @life time high`s we need fundamental improvements in terms of fiscal deficit, inflation and corporate earnings. Of course there are signs of economy bottoming out!!! For monday even if bjp wins 4 states there will be 200 point gap up followed by sharp sell of !!! Bz market
11.50 AM Dec 6th
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
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