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Lower Fiscal Deficit

Jul 18, 2014 at 17:34 | Source: Moneycontrol.com
For fiscal 2015, CRISIL Research expects CAD to widen to 2.2% of GDP. While export growth is likely to gain momentum with global recovery, imports too will rise as some of the restrictions on gold imports have been lifted and imports of oil, consumption and investment goods pick-up with recovery in GDP growth.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
According to GEPL Capital, the budget was positive & showed the Governments intent to achieve the Fiscal Deficit target of 4.1% in FY15 & control expenditures. Fiscal Deficit prediction is 3.6% for FY16 & 3% for FY17, says the report.
Jul 15, 2014 at 12:46 | Source: Reuters
"The department of divestment has floated a note seeking our comments for a 5 percent stake sale in ONGC," the official, who had direct knowledge of the matter, told Reuters on Tuesday. He added that a decision would be taken in August.
Jul 14, 2014 at 16:22 | Source: Moneycontrol.com
Reducing fiscal deficit and controlling inflation were two measures which called for immediate attention. This is exactly what the government has attempted to do in this Budget
Jul 14, 2014 at 15:27 | Source: Moneycontrol.com
Zydus Wellness' first quarter (April-June) consolidated net profit dropped 24.7 percent to Rs 17.1 crore from Rs 22.7 crore in corresponding quarter of last fiscal on lower revenues.
Jul 12, 2014 at 17:05 | Source: CNBC-TV18
The Union Budget of 2014-15 that was presented by Finance Minister Arun Jaitley was growth-oriented and addressed almost every concerns, Finance Secretary Arvind Mayaram said.
Jul 11, 2014 at 21:41 | Source: Moneycontrol.com
However, the fiscal deficit target for FY15 seems difficult and the path set for fiscal consolidation for the next few years needs to be carefully looked at.
Jul 11, 2014 at 19:23 | Source: Moneycontrol.com
The sharp fall was attributed to absence of subsidy rationalisation, unrealistic fiscal deficit target of 4.1 percent for FY15 set by Finance Minister Arun Jaitley in his maiden Budget, not so reformist Railway Budget, fiscal crisis in Europe, issue of GAAR and unwinding of long positions, say experts.
Jul 11, 2014 at 19:04 | Source: Moneycontrol.com
Emkay Global Financial Services has come out with its review on budget 2014-15. The budget talks about containing fiscal deficit, it has tried to safeguard the pro-poor slant. Fiscal deficit target of 4.1% for FY15 retained, aim to bring it down to 3% by FY17, says the report.
Jul 11, 2014 at 17:22 | Source: Moneycontrol.com
Accepting a task of reducing fiscal deficit target to 4.1% of the GDP in the current year followed by 3.6% for 2015-16 and 3% for 2016-17 indicates fiscal prudence and consolidation through various policy measures.
Messages on Lower Fiscal Deficit »

ushakrani

Gold Member

46 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

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228986 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

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69 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

69 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

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228986 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

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228986 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

19 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

162 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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