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Fiscal deficit zooms to 61% of budget estimates in Apr-Jun quarter

Jul 29, 2016

Fiscal deficit zooms to 61% of budget estimates in Apr-Jun quarter

The deficit was 51.6 percent in the same quarter of last fiscal. The government estimates fiscal deficit in 2016-17 to be Rs 5.33 lakh crore or 3.5 percent of GDP #GDP #CAG #fiscal deficit #Budget estimates #Plan Expenditure #Revenue Deficit #non-tax revenue
How Rahul Gandhi's Arhar Modi jibe against PM exposes his own ignorance of reality

Jul 29, 2016

How Rahul Gandhi's Arhar Modi jibe against PM exposes his own ignorance of reality

while targeting the Prime Minister on Thursday and asking him to "set a date for lowering of prices" Rahul Gandhi displayed a breathtaking lack of basic knowledge in how economy functions. #UPA #Narendra Modi #Rahul Gandhi #fiscal deficit #Arun Jaitley #minimum support price #parliament #NDA #Price Rise #arhar #Pulses #rainfall #Har Har Modi #tur #pulses price #ArharModi #pulses revolution
7th Pay Commission is just what the doctor ordered for tepid growth

Jun 30, 2016

7th Pay Commission is just what the doctor ordered for tepid growth

The 7th Pay Commission is coming at the right time for us. While economists will fret about what it will do to the fiscal deficit or retail inflation, the chances are that they will be proved wrong. #Finance #food inflation #consumer goods #CriticalPoint #fiscal deficit #government employees #retail inflation #7th Pay Commission
SBI sees 7th pay hike impacting fiscal deficit target for FY18

Jun 29, 2016

SBI sees 7th pay hike impacting fiscal deficit target for FY18

It also said that the impact of the move on inflation could be temporary #Inflation #SBI #fiscal deficit #7th Pay Commission
Oil price luck may be waning for Modi govt; here's what it should do without delay

Jun 13, 2016

Oil price luck may be waning for Modi govt; here's what it should do without delay

The government needs to work seriously on finding a solution for the kerosene subsidy problem as well #fiscal deficit #Subsidy #oil price #petroleum subsidy #Jayant Sinha #Narendra Modi govt #PAHAL scheme
Why govt must emulate monetary policy panel to make policy making transparent

May 12, 2016

Why govt must emulate monetary policy panel to make policy making transparent

The important part of this story will be the position of the RBI Governor on whether he would have the final say. This is critical to ensure that the decision is taken independently. #Government #fiscal deficit #Monetary Policy Committee #RBI governor Raghuram Rajan
RBI policy today: Whether Rajan cuts rate or not, your loan rates will fall in next few months

Apr 05, 2016

RBI policy today: Whether Rajan cuts rate or not, your loan rates will fall in next few months

What consumer must note here is that even if Raghuram Rajan chooses to surprise with a status quo in policy rates, bank lending rates and deposit rates are set to drop in the approaching months #Inflation #Reserve Bank of India #credit policy #fiscal deficit #Arun Jaitley #Raghuram Rajan #Lending rates #RBI policy #small savings scheme #desposit rates
External risks, fiscal consolidation to keep corporate earnings growth muted in FY17 as well: India Ratings

Mar 31, 2016

External risks, fiscal consolidation to keep corporate earnings growth muted in FY17 as well: India Ratings

On external risks, ratings firm said currency volatility, slowing down of China's growth, foreign funding and the demand environment are among the biggest factors #GDP #fiscal deficit #corporate earnings #Currency Volatility #India Ratings