Source:Bloomberg - Japan unveiled a government budget for 2013 that cuts spending for the first time in seven years, underscoring Prime Minister Shinzo Abe's efforts to establish fiscal-discipline credentials even as he seeks to boost growth. The Cabinet in Tokyo today
3.07 PM Jan 29th 2013
No they should not it is better RBI monetary policy focus on inflation than clamor for interest rate cuts, it is time that we as a country bite the bullet rather than vacillating on taming the bigger monster. Current a/c deficit is still higher and fiscal discipline is order of the day
5.29 PM Jan 27th 2013
. Market participants are worried that the ruling UPA coalition may find it hard to keep to the path of fiscal discipline, as it prepares for the general elections in 2014. In 2008, the year before general elections, the government had waived farm loans. So what is the big sop going to be this time?
11.50 AM Dec 18th 2012
Infosys is no doubt better at fiscal discipline. The question is whether you will buy a costly Alphonso mango (Infosys) or cheap over-riped bananas with a black outer skin (Vikas WSP). Remember Warren Buffet`s quote: Buy GOOD companies which are CHEAP. Infosys is not cheap but definitely good
5.37 PM Nov 17th 2012
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