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Budget 2013: Current account deficit concerns to persists, says Kotaks Pan
The government's borrowing programme is going to be a bigger worry than fiscal deficit as it adds to the interest payment bill which is an unproductive expenditure, said Indranil Pan, cheif economist, Kotak Mahindra Bank #fiscal deficit #Subsidies #Budget2013 #Indranil Pan #government borrowing #KOtak mahindra #budget2013-videos
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Either way it's inflation, baby!
No matter what the finance minister does in his budget, he will end up stoking some kind of inflation. #Inflation #Jim Walker #Budget 2012 #Ajay Shah #Indranil Pan #Budget2012Video #Ajit Ranade
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Budget 2012 must strike a balance between revenue and expenditure
Making ends meet is the biggest challenge facing the finance minister, come 16 March. #Pranab Mukherjee #Congress #Jim Walker #Subsidy #Taxation #Budget 2012 #Ajay Shah #Indranil Pan #Budget2012Video #Ajit Ranade
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Deccan HeraldInflation at 5%; in RBI's comfort zone after 3 yrs
India’s headline inflation fell below 5 per cent in April, dropping within the RBI's comfort zone for the first time in more than three years and fuelling market hopes for more monetary easing to revive flagging economic growth. The wholesale price index #India #Manmohan Singh #Mumbai
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Calcutta TelegraphInflation dips below 5%
New Delhi, May 14: Wholesale price inflation fell below 5 per cent in April — the first time in more than three years — prompting industry bodies and analysts to demand another cut in policy interest rates by the Reserve Bank of India. The RBI has long h #India #New Delhi #Bank of Baroda
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Economic Times'Gold price crash to help improve BoP position'
NEW DELHI: Sharp decline gold prices will have favourable impact on the economy especially the high current account deficit (CAD) and the overall Balance of Payment (BoP) position, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan #New Delhi #India