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Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Jul 31, 2014

Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Fuel retailers IOC, HPCL and Bharat Petroleum Corp Ltd (BPCL) sell diesel, domestic LPG and kerosene at government controlled rates which are way below the cost. #Economy #NewsTracker #Oil Ministry #ONGC #Indian Oil #LPG #Hindustan Petroleum #Oil India #Fuel Subsidy #GAIL India
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
India should get its own deal at WTO before saying yes to US, EU

Jul 26, 2014

India should get its own deal at WTO before saying yes to US, EU

The stand of the US, EU and allies is that the food security issues can be sorted out before 2017 but the TFA cannot wait because of its deadline. #India #US #Narendra Modi #ConnectTheDots #EU #G20 #WTO #Food subsidy #Agreement on Agricultural #G33 #Trade Facilitation Agreement #Madi government
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
Half measures and high ideas: Why Jaitley's budget is a missed opportunity

Jul 11, 2014

Half measures and high ideas: Why Jaitley's budget is a missed opportunity

Jaitley could have signalled that reforms were coming. He did not. This budget is also the story of missed opportunities. #Economy #India #Disinvestment #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Tax #Reforms #Budget 2014 #Union budget 2014
A decent effort: Arun Jaitley's budget rates a 7 out of ten

Jul 11, 2014

A decent effort: Arun Jaitley's budget rates a 7 out of ten

On the whole the FM has done a good job working through the constraints with the budget, and tried to give incentives wherever possible and allocating funds where necessary. #India #fiscal deficit #Arun Jaitley #PPF #Budget Analysis #Fuel Subsidy #Budget 2014
Budget 2014's message is India is ready to grow, says Jaitley

Jul 11, 2014

Budget 2014's message is India is ready to grow, says Jaitley

In his interview, the finance minister said he was confident that his government will be able to stick to the 4.1 percent fiscal deficit target even though rating agencies have voiced skepticism about the Budget estimates. #GDP #UPA #Banks #Narendra Modi #fiscal deficit #Arun Jaitley #Subsidies #GST #PSU #DTC #Budget2014
Modi sarkar's maiden budget today: Here's the speech FM Jaitley must make

Jul 10, 2014

Modi sarkar's maiden budget today: Here's the speech FM Jaitley must make

Despite high expectations, Arun Jaitley should do the right things in the budget rather than try to pretend he can be all things to all people. What matters is the direction of change, not its speed #fiscal deficit #Arun Jaitley #Subsidies #Reforms #Budget 2014 #Union Budget 2014-15 #Tax Proposals #IT Exemptions