Twin Deficits

BofA analysts say If the country succeeds in curtailing imports with its indigenisation drive and steps up exports, its current account deficit can shrink by 74% over five to six years

Is the Indian economy on the brink of another twin deficit problem?

Although the twin deficits are likely to scale a new peak, the drivers of the deficits are very different from 2010-13

India gets time to tackle deficits on Fed move: HDFC AMC

If diesel prices are increased significantly then fiscal worries will abate to a large extent, says Prashant Jain, Ed & Cio, HDFC Asset Management.

Underweight on India; neutral on Infosys: HSBC India

Our market is sure to focus on the outlook painted by Federal Reserve after today's meeting, on when the process of tapering will start and that we are likely to see some tapering in bond purchasing going forward, said Jitendra Sriram of HSBC India.

Don't expect CAD to spark big reaction on Re: Nomura

One negative surprise this time are low remittances, which are typically much more as the October-December quarter sees much larger remittances on account of festive-related spending being sent back.

Budget Analysis: Budget poses fertiliser spending crunch in 2013-14

After effectively halving its subsidy on fertilisers for 2013-14 in the budget, India will have to allow producers to take the politically sensitive step of hiking urea prices to farmers or provide additional funding, industry officials say.

RBI lowers GDP growth forecast, rate cut hopes dim

While markets are confident of a low-interest rate regime, RBI continues to tread cautiously at every step. In its macroeconomic report for third quarter, the central bank mentioned about calibrated measures in managing country's monetary policy. It revised India's GDP forecast to 5.5% in 2012-13 as against 5.7% estimated earlier.

Experts debate: Is diesel, LPG, kerosene price hike next?

The government has a lot on its plate right now – from the freefalling rupee to the twin deficits which are spiraling out of control. But it dealt the biggest blow to the common man today by hiking petrol prices effective from midnight with the steepest ever increase of Rs 7.50 per litre.