Lower Fiscal Deficit

Feb 12, 2016 at 18:46 | Source: PTI
The fiscal consolidation roadmap laid out by Jaitley had estimated fiscal deficit to come down to 3.9 percent in current fiscal and further to 3.5 percent next fiscal. It was 4 percent last fiscal.
Feb 12, 2016 at 15:13 | Source: Moneycontrol.com
Fiscal deficit target for FY16 set at 3.9 per cent of GDP and Revenue Deficit at 2.8 per cent of GDP.
Feb 11, 2016 at 07:53 | Source: Reuters
The state-owned explorer wants to end existing expensive contracts for drilling rigs signed in the 2014-15 fiscal year when crude prices averaged USD85 a barrel and to sign new ones at a lower price.
Feb 08, 2016 at 22:39 | Source: CNBC-TV18
Revenue is seen falling 5 percent to Rs 8,210 crore in quarter ended December 2015 compared to Rs 8,602 crore in corresponding quarter of last fiscal due to lower base metal prices but decline may get arrested by higher aluminum production from Mahan and Aditya smelters.
Feb 08, 2016 at 13:07 | Source: Moneycontrol.com
Operating profit (earnings before interest, tax, depreciation and amortisation) in October-December period dropped 26 percent to Rs 89.25 crore and margin contracted by 331 basis points to 13.05 percent compared to corresponding quarter of last fiscal.
Feb 08, 2016 at 08:50 | Source: PTI
According to the global financial services major, the government's fiscal deficit target of 3.9 percent in FY16, was broadly incorporated on realistic revenue and expenditure growth assumptions, which made the fiscal arithmetic credible.
Feb 06, 2016 at 15:33 | Source: CNBC-TV18
Experts are divided on how the Finance Minister should proceed. Reserve Bank governor Raghuram Rajan, for instance, maintains that fiscal consolidation should be the government's priority.
Feb 06, 2016 at 13:16 | Source: CNBC-TV18
Sources tell CNBC-TV18, that the total revenue shortfall is likely to be below Rs 10,000 crore, despite corporate tax and disinvestment receipts expected to miss budget estimates by a wide margin.
Feb 06, 2016 at 12:52 | Source: PTI
"While Sri Lanka's public debt has risen to over 74 percent of GDP by 2015-end; capital outflows have intensified and the overall balance of payments has deteriorated," the IMF said at the conclusion of its annual review for which a team of its officials visited the country from February 1 to 5.
Feb 05, 2016 at 21:03 | Source: CNBC-TV18
The survey has made annual, quarterly and long-term forecasts on inflation, Gross Value Added (GVA) growth expectations and rupee.
Messages on Lower Fiscal Deficit »

ushakrani

Gold Member

181 Followers

Reliance Power  

has announced plans to raise 569 billion rupees ($9.3 billion) through asset sales in 2014/15. This could help it achieve its lower fiscal deficit target of 4.1 percent of GDP. These estimates may be revised by the next government. Continued......

10.50 AM Apr 25th 2014

Economy  

If a BJP-led govt comes to power, and if they are true to their word, then the economic focus will shift to revenue-generation and more responsible or lower spending, paving the way for a much lower fiscal deficit. That will give the RBI more room to cut rates. I don`t think there will be any

11.59 AM Apr 4th 2014

Web Messenger

Platinum Member

334576 Followers

Budget  

Source:Zee Business - Pic Courtesy: - New Delhi: Finance Minister P. Chidambaram will be walking a tightrope when he presents an interim budget for the coming fiscal year on Monday, doling out more funds to woo voters and tax cuts to support industry while projecting a lower fiscal deficit before

1.33 PM Feb 17th 2014

Rupeedesk Tips

Silver Member

65 Followers

Just Posted  

. If the government pegs a lower fiscal deficit number, then its borrowing from the market through issuing government bonds would be less and that could be a positive for banking stocks. In January, The finance ministry has asked state- owned banks to give details of their credit growth during the festival season

10.58 AM Feb 17th 2014

Rupeedesk Tips

Silver Member

65 Followers

Bank Deposits  

. If the government pegs a lower fiscal deficit number, then its borrowing from the market through issuing government bonds would be less and that could be a positive for banking stocks. In January, The finance ministry has asked state- owned banks to give details of their credit growth during the festival season

2.34 PM Feb 15th 2014

Web Messenger

Platinum Member

334576 Followers

Budget  

Source:Economic Times - NEW DELHI: The finance minister of India will be walking a tightrope when he presents an interim budget for the coming fiscal year on Monday, doling out more funds to woo voters and tax cuts to support industry while projecting a lower fiscal deficit before elections. India

6.37 PM Feb 14th 2014

Web Messenger

Platinum Member

334576 Followers

Budget  

Source:NDTV Profit - Finance Minister P. Chidambaram will be walking a tightrope when he presents an interim budget for the coming fiscal year on Monday, doling out more funds to woo voters and tax cuts to support industry while projecting a lower fiscal deficit before

6.35 PM Feb 14th 2014

cshar

Gold Member

104 Followers

Suzlon Energy  

rates could have propelled direct/indirect taxes for government, increased gdp growth & lower fiscal deficit due to higher ffi/fdi flows thus reducing cad. Even if you increase interest rates, infration will not come down due to direct cash distribution in narega/manrega social welfare schemes. We must

3.53 PM Aug 6th 2013

vsrswamy

Platinum Member

342 Followers

Yes Bank  

My estimation is that the PMEAC`s growth will be more positive than negative in the year 2013 -14. The reduction in crude prices, the effect prices gold on imports, better outlook of service exports (invisibles), rate easing from RBI, lower inflation and lower fiscal deficit may work towards

10.24 AM Apr 24th 2013

omricon

Silver Member

1 Followers

Economy  

Some ppl have a feeling that cutting repo rates will lower fiscal deficit which is complete nonsense. In fact, cutting repo rates will lead to more borrowing by govt.

1.04 PM Mar 14th 2013

News across the web »
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.