HomeNewsBusinessMarketsIf deficit touches 6%, get ready for downgrade: Asianomics
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If deficit touches 6%, get ready for downgrade: Asianomics

The tone of the Reserve Bank of India's (RBI) credit policy move of a 50 basis points hike came as a surprise to Jim Walker the managing director of Asianomics Limited. "They are much more worried about the way the government is acting and the likelihood of a blowout in the fiscal deficit," he says.

May 04, 2011 / 15:41 IST
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The tone of the Reserve Bank of India

TAGS: #Asianomics Limited #FII View #GDP growth #inflation #Jim Walker #Market #Mitali Mukherjee #Nifty #Rating agencies #Reserve Bank of India #Sensex #Udayan Mukherjee
first published: May 4, 2011 10:59 am

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