UBS Securities View On Markets
Mar 14, 2017
On April 23, 2017 17:02 (IST)
India's growth, he said, remains resilient with lowinflation, fiscal prudence and low current account deficit(CAD), talking about robust structural reform measures.
On April 17, 2017 17:19 (IST)
The Department of Investment and Public Asset Management has sought bids from merchant bankers and legal advisors to manage the sale of shares in firms including Indian Oil and SAIL.
On April 14, 2017 14:25 (IST)
Rating agencies have often red flagged India's high debt-GDP ratio.Government borrows money from market to fund the fiscal deficit, thereby increasing public debt.
On March 31, 2017 16:36 (IST)
The government's tax receipts usually surge in the last month of the fiscal year, helping it meet the budgeted full-year fiscal deficit target.
On March 27, 2017 09:47 (IST)
Deutsche Bank AG estimates that foreign direct investment touched $37.4 billion April-January, on track to exceed the previous fiscal year's about $45 billion, with signs of recovery in the economy.
On March 15, 2017 21:08 (IST)
PM Modi had on November 8 announced scrapping of old Rs 500 and Rs 1,000 notes, pulling out 86 per cent of the total currency in circulation.
On March 09, 2017 20:18 (IST)
In the wake of the oil cartel Opec's decision to jack up crude prices by cutting production, the agency said it expects the average price of crude to go up to $55 per barrel next financial year from $48 at present.
On February 28, 2017 18:55 (IST)
Net tax receipts in the first 10 months of 2016-17 fiscal year were Rs 8.16 lakh crore, the data showed.
On February 03, 2017 21:11 (IST)
Arun Jaitley said the Budget for 2017-18 does not factor in the full gains accruing from the high-value currency demonetisation in form of higher taxes on undisclosed income.
On February 03, 2017 18:09 (IST)
The Budget reaffirms fiscal consolidation even though the target for reducing fiscal deficit to 3 per cent has been pushed back by another year (second in four years), the agency said.
On February 03, 2017 10:15 (IST)
Government on Wednesday pledged to shrink the shortfall to 3.2 percent of gross domestic product in the year starting April 1 from 3.5 percent the previous year.
On February 01, 2017 20:52 (IST)
Forex market sentiment turned highly buoyant after Finance Minister Arun Jaitley announced a fiscal deficit target that was in line with estimates along with proposal to further liberalize FDI policy.
On February 01, 2017 15:59 (IST)
From the Nifty basket of shares, 31 shares were trading higher while 20 were among the laggards.
On February 01, 2017 13:25 (IST)
Arun Jaitley called his fourth budget one for the poor. Yet, while vowing prudent fiscal management, he also raised his 2017-18 federal deficit target to 3.2 percent of gross domestic product to cover his spending promises.
On February 01, 2017 14:32 (IST)
The fiscal deficit target has been set at 3.2% of GDP for year starting April 1, Finance Minister Arun Jaitley said his budget 2017 speech.
On February 01, 2017 13:39 (IST)
The government has been under pressure from credit ratings agencies like Standard & Poor's which have refused to upgrade India's ratings demanding reduction in government's debt.
On February 01, 2017 10:08 (IST)
Lok Sabha Speaker Sumitra Mahajan will decide whether the Union Budget will be presented today, after a member of the house E Ahamed died last night. Sources, however say, the budget will be presented as scheduled, according to news agency ANI. Parliament is usually adjourned for a day after a sitting member dies. A decision is expected after 10 am...
On January 31, 2017 16:27 (IST)
Net tax receipts in the first nine months of 2016-17 fiscal year were Rs 7.52 lakh crore, government data showed.