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RBI policy today: Why Raghuram Rajan is unlikely to cut rate until Budget

Feb 02, 2016

RBI policy today: Why Raghuram Rajan is unlikely to cut rate until Budget

One can’t rule out an off-policy rate cut if the budget keeps its promises on fiscal consolidation. The ball now is in Jaitley’s court #Disinvestment #RBI #Monetary policy #Interest rate #fiscal deficit #Arun Jaitley #Raghuram Rajan #Growth #fiscal consolidation #Seventh Pay Commission
Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

Jan 30, 2016

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

What will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments? #GDP #fiscal deficit #Icra #power sector #discoms #Piyush Goyal #7th Pay Commission #State Finances #GSDP #UDAY #SDL
Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Jan 30, 2016

Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Ahead of the Budget, RBI Governor Raghuram Rajan on Friday warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of the economy. #GDP #Debt #NewsTracker #Economic growth #fiscal deficit #stocks #Raghuram Rajan #Modi #Union Budget 2016 #Budget & Economy
Fiscal math on mend, deficit at 88% of budget estimates in Apr-Dec

Jan 29, 2016

Fiscal math on mend, deficit at 88% of budget estimates in Apr-Dec

Reflecting improvement in government finances, fiscal deficit in the nine months of 2015-16 worked out to 88 per cent of the annual target as against 100.2 per cent in the same period last fiscal. #fiscal deficit #Arun Jaitley #Budget estimates #Apr-Dec #CGA
Ratan Tata's comments on freedom were more about Modi's dislike for privatisation than about intolerance

Jan 27, 2016

Ratan Tata's comments on freedom were more about Modi's dislike for privatisation than about intolerance

The government should stick to monitoring and should not tell people (and institutions) what to do #Disinvestment #Ratan Tata #fiscal deficit #public sector enterprises
Rajnath Singh urges cops to bridge trust deficit with public, improve efficacy of policing

Jan 27, 2016

Rajnath Singh urges cops to bridge trust deficit with public, improve efficacy of policing

Rajnath Singh pitched for a nationwide action plan for community policing, saying there is an urgent need to come up with a technical architecture connecting local police stations with the local community. #Kerala #NewsTracker #Rajnath Singh #Home Minister #Trust deficit #community policing #Thiruvananthapuram police
Rajan Vs Mallya: Why PM Modi should not just be a mute spectator in battle vs cronies

Jan 25, 2016

Rajan Vs Mallya: Why PM Modi should not just be a mute spectator in battle vs cronies

There is a large, ticking time bomb of existing bad loans in the country’s banking system. The government could do more than being a mute spectator in RBI’s battle with crony promoters #fiscal deficit #Vijay Mallya #Raghuram Rajan #fiscal consolidation #PM Modi #Bank Recapitalisation #wilful defaulter #Bank NPAs #Kingfisher Airlnies
Budget 2016: Small deficit slippage not to impact India's profile: Moody's

Jan 24, 2016

Budget 2016: Small deficit slippage not to impact India's profile: Moody's

Moody's has said India's credit profile will be unaffected by a small slippage in fiscal deficit target as it expects the government to continue fiscal consolidation and target lower deficits every year despite headwinds from global slowdown. #Moody's #fiscal deficit #Arun Jaitley #Union Budget 2016 #Budget & Economy #Atsi Sheth #finance minsiter