On May 26, 2015 19:21 (IST)
Citing low inflation and fiscal deficit being under control, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for a rate cut by the Reserve Bank of India (RBI) at its monetary policy review meeting next week.
On May 22, 2015 19:57 (IST)
The government hopes to sell shares in ONGC and India Oil Corp. to raise about a third of its budget target for asset sales of $11 billion - and reduce its fiscal deficit to 3.9 per cent of GDP in the 2015/16 fiscal year.
On May 19, 2015 19:38 (IST)
India's current account deficit is likely to remain at "manageable levels" of around 1.5 per cent of GDP in the current fiscal year despite a marginal rise in oil prices and sluggish manufacturing exports, said an HSBC report.
On May 18, 2015 20:21 (IST)
The 10-year bond price also rose or yield eased after fiscal deficit for 2014-15 narrowed more than the estimate.
On May 17, 2015 17:26 (IST)
The fiscal target was 4 per cent of gross domestic product for the year ending March 31, compared with a goal of 4.1 per cent, the government said in a statement. The revenue target was 2.8 per cent, compared with the aim of 2.9 per cent.
On May 13, 2015 19:00 (IST)
The Reserve Bank of India (RBI) on Tuesday called for higher capital outlays, consistent fiscal consolidation and limiting of the debt-GDP ratio to improve the finances of the states, whose combined gross fiscal deficit has improved by 20 bps to 2.3 ...
On April 28, 2015 16:17 (IST)
As per the fiscal consolidation road map of the government, fiscal deficit is to be brought down to 3.9 per cent of GDP in 2015-16 and further to 3.5 per cent in 2016-17.
On April 24, 2015 14:48 (IST)
Achieving a 3 per cent fiscal deficit target by 2017-18 is a challenge but the government will not compromise on building public infrastructure and irrigation, Finance Minister Arun Jaitley said on Friday.
On April 17, 2015 21:51 (IST)
Annual figures published on Friday for the full fiscal year that ended in March showed merchandise exports declined 1.2 per cent to $310.5 billion.
On April 17, 2015 18:17 (IST)
For the full 2014-15 fiscal year that ended in March, the trade deficit stood at $137 billion, compared with $135.8 billion in the previous year.
On April 01, 2015 01:18 (IST)
Arun Jaitley had earlier said efforts would be made to keep fiscal deficit at 4.1% of GDP.
On March 31, 2015 00:24 (IST)
Global ratings agency ARC on reaffirmed India's sovereign rating at 'BBB+' with stable outlook on expectations of accelerated growth, lower current account deficit and fiscal consolidation.
On March 26, 2015 19:54 (IST)
Terming the high bids received in spectrum auction as "credit positive" for India, rating agency Moody's on Thursday said proceeds from the sale of airwaves will help the government meet its fiscal deficit target.
On March 23, 2015 17:50 (IST)
The borrowing would help fund a fiscal deficit of 3.9 percent of gross domestic product for the year.
On March 12, 2015 20:56 (IST)
According to a research report by leading public sector lender SBI, the current account deficit is likely to fall in FY 2015 but could widen next fiscal on the back of pick up in the Indian economy.
On March 12, 2015 14:58 (IST)
The current account deficit is likely to halve to 0.6 per cent of GDP during next fiscal from a little 1 per cent in this financial year on account of record low prices of oil, according to analysts.
On March 04, 2015 12:44 (IST)
The move was also seen as backing the government's budget unveiled on Saturday, which pledged fiscal responsibility but delayed meeting a fiscal deficit target of 3 per cent of gross domestic product by a year to fiscal year 2017/18.
On March 07, 2015 20:57 (IST)
His comments come in the backdrop of Arun Jaitley increasing the FY 2016 fiscal deficit target to 3.9%.
On March 02, 2015 21:50 (IST)
The deficit was 98.2 per cent during the same period a year ago.
On March 02, 2015 11:46 (IST)
Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work.