Lower Fiscal Deficit

Aug 31, 2015 at 21:01 | Source: PTI
"Historically, credit growth has been accompanied by a pick-up in deleveraging as seen in 2005-07 and 2010-11. This is yet to happen, therefore, the lower growth rate," British financial services company said in a report today.
Aug 31, 2015 at 18:17 | Source: CNBC-TV18
Indias fiscal deficit came in at Rs 3.85 lakh crore for the period between April and July. government data released today show.
Aug 28, 2015 at 17:24 | Source: PTI
Observing that the NDA government has succeeded to bring the economy, marred by fiscal, revenue, current account and trust deficits of the pre-BJP dispensation, "back on rails", the Union Minister said that more reformist measures, including roll out of the GST in 2016, was required to sustain India's growth story.
Aug 25, 2015 at 15:39 | Source: PTI
"If recent depreciation pressure on the rupee persists, we suspect that the central bank will be wary of lowering rates further," DBS said in a research note.
Aug 24, 2015 at 20:46 | Source: Reuters
New Delhi is seeking to raise as much as USD 11 billion by selling stakes in state-run companies this fiscal year, crucial to narrowing the fiscal deficit to a planned 3.9 percent of gross domestic product in 2015/16.
Aug 24, 2015 at 17:01 | Source: PTI
The total indirect tax collections during the first four months of the fiscal rose by 37 percent. On the global front, Jaitley said developments like the possibility of US Federal Reserve cutting rates, crisis in Europe and devaluation of the Chinese currency will have implications on India.
Aug 21, 2015 at 17:15 | Source: PTI
"Lower inflation because of lower commodity prices and lower food inflation may spur demand. "The indicators from the first quarter indicates that agriculture, industry and services are continuing to grow at same or similar rates as last quarter," National Council of Applied Economic Research (NCAER) said.
Aug 12, 2015 at 18:29 | Source: Moneycontrol.com
Consolidated crude steel production stood at 1.1 million tonne in Q1, a 37 percent growth over corresponding quarter of last fiscal due to enhanced capacity utilisation of Angul and Oman steel plants. Steel sales increased by 39 percent to 1.1 million tonne in Q1.
Aug 12, 2015 at 14:24 | Source: PTI
In his Medium-Term Expenditure Framework Statement tabled in Parliament, Finance Minister Arun Jaitley also expressed commitment of the government to cut fiscal deficit and push subsidy reforms.
Aug 11, 2015 at 18:09 | Source: PTI
"These efforts would also benefit India's overall sovereign credit profile because they would lead to higher incomes, a stable and lower inflation, and a lower fiscal burden related to food subsidies," it said a report titled 'Vulnerability to Drought Poses Credit Challenges'.
Messages on Lower Fiscal Deficit »

ushakrani

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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

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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

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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

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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

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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

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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

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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

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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

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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

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