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Lower Fiscal Deficit

Sep 01, 2014 at 17:58 | Source: CNBC-TV18
CAD narrowed sharply to USD 7.8 billion (1.7 per cent of GDP) in the first quarter of the 2014-15 fiscal, from USD 21.8 billion (4.8 per cent of GDP) in the year-ago period.
Aug 29, 2014 at 19:11 | Source: Reuters
The deficit was 62.8 percent during the comparable period in the previous fiscal year.
Aug 28, 2014 at 16:00 | Source: Moneycontrol.com
Ambit is basing the FY16 downward estimate on poor health of the banking system, which may result in slow credit growth in FY16 and restrain investment growth. This is likely to have a direct bearing on a substantial part of the services sector.
Aug 28, 2014 at 13:44 | Source: CNBC-TV18
India's economy likely grew at its fastest in two years between April and June, according to a Reuters poll, as improved sentiment after Narendra Modi's election victory in the middle of the quarter coincided with a rebound in investment, manufacturing and construction.
Aug 28, 2014 at 09:00 | Source: CNBC-TV18
While the rupee has appreciated to comfortable levels of 60 against the greenback, it may see slightly depreciated levels of 62 by 2015-end, says Dominic Bunning, associate director- Forex Strategy, HSBC.
Aug 22, 2014 at 10:44 | Source: CNBC-TV18
Indranil Sengupta believes there are risks to 4.1% fiscal deficit target for FY15 as tax revenue projections look ambitious. But he does not think the government's borrowing programme is at risk.
Aug 21, 2014 at 18:09 | Source: CNBC-TV18
The RBI annual report points to a minor improvement in financial savings; people are finally buying less gold. It also points out that the deficiency in the monsoon is falling and that the deficient monsoon wont have any impact on GDP, inflation or fiscal deficit.
Aug 19, 2014 at 15:59 | Source: PTI
Indian steel consumption grew by just 0.6 percent in 2013-14 fiscal, its lowest in four years, to 73.93 million tonnes (MT), mainly impacted by a slower expansion of the domestic economy and lower imports.
Aug 18, 2014 at 18:03 | Source: PTI
According to the Ministry of Commerce and Industry's data, India's trade deficit marginally narrowed down to USD 12.22 billion during July. Trade deficit during the period (April-July) of this fiscal year stood at USD 45.31 billion.
Aug 14, 2014 at 18:17 | Source: Moneycontrol.com
CARE Ratings has come out with its report on corporate performance. Net sales witnessed a substantial growth of 12.7% in Q1FY15 compared with a lower growth of 5.9% in the previous fiscal. This pickup in growth of sales is attributed to a significant increase in the industrial output indicating improving conditions in the economy, says the report.
Messages on Lower Fiscal Deficit »

ushakrani

Gold Member

53 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

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

Web Messenger

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236055 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

Rupeedesk Tips

Silver Member

68 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

Rupeedesk Tips

Silver Member

68 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

Web Messenger

Platinum Member

236055 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

Web Messenger

Platinum Member

236055 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

cshar

Gold Member

21 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

169 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

0 Follower

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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Jul 10, 2014 at 21:51 | Source: FirstPost
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