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Union Budget 2016-17: Nominal GDP growth to be around 11%, says Chetan Ahya

The fiscal deficit target for FY17 is likely to be 3.7% and the nominal gross domestic product (GDP) growth to be around 11 percent, says Chetan Ahya of Morgan Stanley.
China stocks retreat as crackdown fears trump cbank easing

A cut in banks' reserve requirements announced by the People's Bank of China on Sunday was the largest since the global financial crisis, but markets reacted half-heartedly as traders focused on moves by the securities regulator which they feared could pop a gravity-defying, six-month rally.

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Chief Asia Economist

Union Budget 2016-17: Nominal GDP growth to be around 11%, says Chetan Ahya

China stocks retreat as crackdown fears trump cbank easing