Indian Budget Deficit
Dec 17, 2014 at 10:50 | Source: Moneycontrol.com
As they draw up spending budgets for the next year, an expected pressure on key clients of the Indian IT-services industry in 2015 is expected to weigh on their earnings visibility for fiscal year 2015-16.
Dec 16, 2014 at 16:18 | Source: CNBC-TV18
According to Jahangir Aziz, chief economist, JPMorgan low crude prices would be a massive positive for Indian current account deficit, even if it were to trade at USD 80/barrel.
Dec 16, 2014 at 11:53 | Source: Reuters
The rupee weakened to its lowest level in 13 months on Tuesday as markets in the region tumbled after a sharp rate hike in Russia further raised concerns about the global economy at a time when India's trade deficit is already widening.
Dec 15, 2014 at 09:29 | Source: CNBC-TV18
Indian equities witnessed profit booking on Friday with Nifty closing below the 8250 level weighed down by oil and mining stocks. Even global markets have been under pressure.
Dec 05, 2014 at 18:46 | Source: CNBC-TV18
In the FY16 Budget, plan expenditures would be more realistic and not as ambitious as the previous Budgets. The government aims to keep its fiscal deficit target at 3.6 percent for FY16.
Dec 04, 2014 at 13:31 | Source: PTI
There has been widespread expectation of reduction in customs duty on gold due to the improved current account deficit situation
Dec 03, 2014 at 18:29 | Source: PTI
The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
Dec 02, 2014 at 13:52 | Source: CNBC-TV18
It had last raised excise duty on petrol and diesel by Rs 1.50 a litre each to help it achieve the fiscal deficit target for this year on November 14.
Nov 27, 2014 at 20:24 | Source: PTI
The move is aimed at cutting the fiscal deficit, which the government wants to contain at 4.1 per cent of GDP, according to government sources.
Nov 27, 2014 at 09:57 | Source: CNBC-TV18
He sees falling crude prices as being a key positive for the Indian economy, and expects oil marketing companies and paint companies to be the major beneficiaries of this trend