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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
Budget 2014 Rangarajan says achieving 4.1% fiscal deficit tall order

Feb 17, 2014

Budget 2014 Rangarajan says achieving 4.1% fiscal deficit tall order

Finance Minister P Chidambaram seems to have hit the right notes with his 2014 Interim Budget, pegging the fiscal deficit for 2013-14 at 4.6 percent of the GDP, well below the red line of 4.8 percent. The year's current account deficit will be contained at $45 billion. #GDP #Finance minister #P. Chidambaram #fiscal deficit #Tax #Current Account Deficit #excise duty #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. #Economy #Numbers #India #P. Chidambaram #Current Account Deficit #Vote on account

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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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