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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
Clear mandate to BJP improves prospects for reforms Fitch

May 21, 2014

Clear mandate to BJP improves prospects for reforms Fitch

The clear electoral mandate given to the Narendra Modi-led BJP has reduced political uncertainty and improved the prospects for economic policy reform, Fitch Ratings said on Tuesday. #India #BJP #Narendra Modi #NewsTracker #Fitch ratings #NDA
Currencies shed gains as investors digest US jobs data

Feb 08, 2014

Currencies shed gains as investors digest US jobs data

Emerging market currencies pared gains on Friday as traders reconsidered the impact of January's US payroll numbers on the Federal Reserve's plans to reduce its monetary stimulus program. #Brazil #Russia #Chile #Standard and Poor's #Fitch ratings #Ukraine #Turkish Lira #Currencies #feredal reserve
Green shoots emerge in power sector India Ratings

Jan 15, 2014

Green shoots emerge in power sector India Ratings

The risk of fuel prices is likely to become manageable for utilities after the government allowed them to pass on higher costs of imported coal to customers, India Ratings said. #NewsTracker #Fitch Group #power sector #India Ratings #Fuel supply agreements
Govt efforts to meet 4.8% fiscal deficit target good for credit rating Fitch

Jan 13, 2014

Govt efforts to meet 4.8% fiscal deficit target good for credit rating Fitch

For the first eight months of the current financial year, 2013-14, fiscal deficit has already reached 94 per cent of the budgeted target. #Finance minister #P. Chidambaram #RBI #Reserve Bank of India #NewsTracker #Lok Sabha #Raghuram Rajan #Current Account Deficit #Fitch #CAD