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Watch: Jaitley hints at bold budget reforms, says must refrain from 'mindless populism'

Jul 02, 2014

Watch: Jaitley hints at bold budget reforms, says must refrain from 'mindless populism'

India's fiscal deficit in the first two months of the 2014/15 financial year hit Rs 2,40,837 crore ($40.05 bln), or 45.6 percent of the full-year target, latest government data showed.
#Economy #India #Finance minister #fiscal deficit #Arun Jaitley #Growth #Current Account Deficit #Budget #Budget2014
Budget 2014: Ramesh Damani says markets will rally until elections

Feb 17, 2014

Budget 2014: Ramesh Damani says markets will rally until elections

P Chidambaram's interim budget lived up to predictions that it would be a non-event for markets, with the BSE's Ramesh Damani saying the numbers are nothing to scare the market, especially since there were no new populist schemes announced. #GDP #Emerging markets #P. Chidambaram #Rupee #fiscal deficit #markets #Current Account Deficit #2014 Lok Sabha Elections #Vote on account #interim budget
Current account deficit to be $45 bn this year: Chidambaram

Feb 17, 2014

Current account deficit to be $45 bn this year: Chidambaram

The government had increased customs duty on gold thrice in 2013 to 10 percent and the RBI had imposed a series of curbs on inward shipments of the yellow metal. #Numbers #Economy #India #P. Chidambaram #Current Account Deficit #Vote on account
RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

Jan 28, 2014

RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

There is pressure on the government to reduce import duty on gold and relax inward shipment of the metal. The government had raised the customs duty on gold in phases from 4 percent to 10 percent in 2013 to check CAD. #Inflation #Economy #Gold #P. Chidambaram #RBI #Reserve Bank of India #FDI #Raghuram Rajan #Current Account Deficit #PolicyWatch #CAD

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Dear FM, Seventh Pay Commission will only help you lose votes

Sep 26, 2013

Dear FM, Seventh Pay Commission will only help you lose votes

A sudden shock in the global markets can easily take rupee can easily go back to its lows. This could be either the Fed cutting its asset purchase programme faster than expected or geopolitical tensions in the Middle East spiking oil prices globally. #P. Chidambaram #InMyOpinion #US Federal Reserve #Indian rupee #FII #Seventh Pay Commission #current account deficits
Why choking growth will not help save the rupee

Aug 13, 2013

Why choking growth will not help save the rupee

Is there a way out of this mess or is time the only healer? The latter seems to be the more plausible answer but pain caused by the current economic conditions will be high. #Economy #RBI #Rupee #ConnectTheDots #Growth #Current Account Deficit #Indian currency

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Why choking growth will not help save the rupee

Jul 08, 2014

Japan Current Account Surplus Eases Concern

Japan marked a current account surplus for the fourth straight month in May, suggesting a smaller trade shortfall may allay worries about further current account deficits...
Why choking growth will not help save the rupee

Jun 18, 2014

U.S. account deficit hits 18-month high as exports drop

A drop in U.S. exports and lower income from overseas investments drove the U.S. current account deficit to its highest level in 18 months. The Commerce Department says the deficit jumped to a seasonally adjusted $111.2 billion in the January-March q... #North Dakota #Pennsylvania #Commerce Department
Why choking growth will not help save the rupee

Jul 09, 2014

Current Account Deficit

A current account deficit occurs when a country spends more money on the goods and services it imports than it receives for the goods and services it exports... #North Dakota #Pennsylvania #Commerce Department