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Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Jul 27, 2014

Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Finance Minister Arun Jaitley will address the board of the Reserve Bank here on August 9 amid expectations that the central bank will complement government actions by reducing rates to boost growth. #Economy #India #RBI #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Reforms #Budget 2014 #Union budget 2014
Budget 2014 won't change 'negative' outlook on India, says S&P

Jul 14, 2014

Budget 2014 won't change 'negative' outlook on India, says S&P

Standard & Poor's said the budget would not have an impact on India's sovereign ratings until the agency could see how the measures will be implemented. #fiscal deficit #Standard & Poor's #Budget 2014
Stung by criticisms on budget, Arun Jaitley's spirited defence: I did whatever I could

Jul 14, 2014

Stung by criticisms on budget, Arun Jaitley's spirited defence: I did whatever I could

"This is the beginning of our journey, not the end. Abhi hum jitna kar sakte the, humne utna kiya hai (Whatever I could do now, I have done). And all the decisions are not taken on day one," Jaitley told PTI. #Economy #GDP #fiscal deficit #Arun Jaitley #Budget 2014
Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

Jul 14, 2014

Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic. #GDP #fiscal deficit #Arvind Mayaram #Budget 2014
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

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Budget 2013: Weak investment demand will mark fiscal 2013-14

Feb 25, 2013

Budget 2013: Weak investment demand will mark fiscal 2013-14

Fiscal 2013-14 will be characterised by weak investment demand more than anything else. #GDP #Eurozone #fiscal deficit #Budget2013
Budget 2013: No room for tax hikes ties govt hands on revenue front

Feb 20, 2013

Budget 2013: No room for tax hikes ties govt hands on revenue front

Taxes cannot be raised at a time when the economy is slowing down while it cannot be broadened as elections are due in 2014. #Numbers #GDP #fiscal deficit #Chidambaram #Taxation #Budget2013 #Union Budget 2013

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Budget 2013: No room for tax hikes ties govt hands on revenue front

Sep 01, 2014

Moody's gives Amityville low credit rating for future bond sale

Moody's Investors Service assigned a low credit rating to Village of Amityville bonds last week, a sign of continued concern about its finances despite shrinking deficits. The agency cited the village's "very weak financial position," limited liquidi...
Budget 2013: No room for tax hikes ties govt hands on revenue front

Sep 01, 2014

Austerity debate flares as Europe recovery fades

(AP) -- Europe's economic recovery is in danger. Governments are under pressure to save it, but struggling with political obstacles and disagreement among themselves over what to do. Instead, the region is pinning its hopes -- once again -- on the Eu... #European Union #China #Europe #United Kingdom #European Central Bank #Mario Draghi
Budget 2013: No room for tax hikes ties govt hands on revenue front

Aug 30, 2014

Why Italys stagnation could be the future for the entire eurozone

Monetary reform alone cant kickstart the European economy. It needs something more radical This summer Italy fell into a triple-dip recession. After the 2008/09 collapse, the economy stagnated, heading back into recession during 2011 and never really... #Mario Draghi #Mario Monti #Giulio Tremonti #European Union #Europe #Italy #European Monetary Union