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Budget 2014 won't change 'negative' outlook on India, says S&P

Jul 14, 2014

Budget 2014 won't change 'negative' outlook on India, says S&P

Standard & Poor's said the budget would not have an impact on India's sovereign ratings until the agency could see how the measures will be implemented. #fiscal deficit #Standard & Poor's #Budget 2014
Stung by criticisms on budget, Arun Jaitley's spirited defence: I did whatever I could

Jul 14, 2014

Stung by criticisms on budget, Arun Jaitley's spirited defence: I did whatever I could

"This is the beginning of our journey, not the end. Abhi hum jitna kar sakte the, humne utna kiya hai (Whatever I could do now, I have done). And all the decisions are not taken on day one," Jaitley told PTI. #Economy #GDP #fiscal deficit #Arun Jaitley #Budget 2014
Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

Jul 14, 2014

Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic. #GDP #fiscal deficit #Arvind Mayaram #Budget 2014
Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

Jul 11, 2014

Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

With varying degrees of severity, Fitch, Moody's and Standard & Poor's all expressed worries that Finance Minister Arun Jaitley's pledge to keep this year's fiscal deficit to 4.1 percent of gross domestic product looked unrealistic.
#S&P #BJP #Narendra Modi #FDI #fiscal deficit #Arun Jaitley #CRISIL #Subsidies #Fitch #Budget2014 #moody's GDP
Why Arun Jaitley has chosen to play safe with Budget 2014

Jul 11, 2014

Why Arun Jaitley has chosen to play safe with Budget 2014

Modi is conscious that he is seen by many as pro big business because of his perceived proximity to some big industrialists. So the budget has been careful in not giving any obvious benefits to big business #Politics #Economy #India #Business #UPA #Narendra Modi #Poverty #fiscal deficit #Arun Jaitley #Welfare #Free market #Budget 2014

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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 20, 2014

TSA security fee on airline tickets rises Monday

Congress called for a higher fee to reduce the deficit -- and cover aviation securit...
Why choking growth will not help save the rupee

Jul 23, 2014

Dodgers can't keep up with Pirates in 12-7 loss

KEY MOMENT: An eighth-inning solo home run by Scott Van Slyke reduced the Dodgers' deficit to 8-7, but right-hander Chris Perez unraveled spectacularly in a four-run eighth for the Pirates. Perez walked four consecutive batters, at which point he was...
Why choking growth will not help save the rupee

Jul 12, 2014

Campbell pinch hits to drive in winning run as Mets come back vs. Marlins

The Mets faced a pair of two-run deficits on Saturday afternoon, but didn’t flinch. They pinched. After a pinch-hit, two-run homer by Chris Young tied things in the bottom of the seventh inning, Eric Campbell supplied a game-winning, pinch-hit RBI si... #New York Mets #Chris Young #Eric Campbell #Citi Field