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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
Foreign brokerages hail Jaitley's budget as growth, reforms-oriented

Jul 11, 2014

Foreign brokerages hail Jaitley's budget as growth, reforms-oriented

The Budget has pegged FY'15 fiscal deficit at 4.1 per cent of GDP. The aim is to narrow this gap to 3.6 per cent in FY'16 and 3 per cent in FY'17.
#GDP #SBI #FDI #fiscal deficit #Arun Jaitley #Nomura #Budget #Budget2014
Not a 'big bang' Budget but overall tone positive: HSBC

Jul 11, 2014

Not a 'big bang' Budget but overall tone positive: HSBC

The government has stuck to its ambitious fiscal deficit targets and has given the right messages on manufacturing which should keep sentiment in the equity market buoyant, it said.
#Inflation #India #GDP #fiscal deficit #Arun Jaitley #HSBC #Tax #GST #DTC #Budget2014
Budget 2014's message is India is ready to grow, says Jaitley

Jul 11, 2014

Budget 2014's message is India is ready to grow, says Jaitley

In his interview, the finance minister said he was confident that his government will be able to stick to the 4.1 percent fiscal deficit target even though rating agencies have voiced skepticism about the Budget estimates. #GDP #UPA #Banks #Narendra Modi #fiscal deficit #Arun Jaitley #Subsidies #GST #PSU #DTC #Budget2014
Budget 2014: Congress says it's high on rhetoric, Jaitley must prove it's not

Jul 11, 2014

Budget 2014: Congress says it's high on rhetoric, Jaitley must prove it's not

Reacting on expected lines, the opposition benches found Budget 2014 lacking in implementable measures to revive the struggling economy. #Economy #GDP #Investing #UPA #Congress #BJP #Sitaram Yechury #PoliticalPlay #FDI #fiscal deficit #Arun Jaitley #NDA #Budget 2014 #PPP mode

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No Modi, India's growth story in not just Gujarat

Jan 20, 2014

No Modi, India's growth story in not just Gujarat

The growth story of other BJP-ruled states is not as impressive as that of Gujarat/Maharashtra and at best comparable to some other states with regional leadership. #GDP #Gujarat #Congress #BJP #Narendra Modi #LetterstoFP #Indian Economy #Lok Sabha polls
BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue

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BJP win lifts markets, but road to economic recovery may be long

Jul 10, 2014

E.U. Nations Counting Sex and Drug Trades Toward G.D.P.

With countries in the European Union obliged to reduce their debt as a percentage of their economies, the quantifying of vice is expected to make growth rates look rosier...
BJP win lifts markets, but road to economic recovery may be long

Jul 10, 2014

E.U. Nations Counting Sex and Drug Trades Toward G.D.P.

With countries in the European Union obliged to reduce their debt as a percentage of their economies, the quantifying of vice is expected to make growth rates look rosier...
BJP win lifts markets, but road to economic recovery may be long

Jul 10, 2014

E.U. Nations Counting Sex and Drug Trades Toward G.D.P.

With countries in the European Union obliged to reduce their debt as a percentage of their economies, the quantifying of vice is expected to make growth rates look rosier...
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