Fiscal Policy

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Fiscal Policy - Total results - 45
Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism
Business

Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism

The US stock market has changed its mood swiftly since 23 March—when the S&P 500 dropped as much as 35 percent below its 19 February peak.

Wall Street dazed and confused after worst day since 1987; coronavirus pandemic sparks fear of global recession
Business

Wall Street dazed and confused after worst day since 1987; coronavirus pandemic sparks fear of global recession

The suspension of professional sports games, cancelled conventions and half-empty restaurants has raised fears—not about whether the longest US economic expansion on record is ending—but about how deep a now presumed recession will be.

Budget 2020:  Policy relaxations and incentives will whip up investors’ appetite, help govt fast-track to clock $5 trillion mark
Business

Budget 2020: Policy relaxations and incentives will whip up investors’ appetite, help govt fast-track to clock $5 trillion mark

The next proposal that may top FM’s Budget speech must be the disinvestment in strategic PSUs and outright privatization of loss-making PSUs.

RBI to hold rates until late this year on rising inflation concerns; fiscal boost likely: Report
Business

RBI to hold rates until late this year on rising inflation concerns; fiscal boost likely: Report

While the RBI was the most aggressively dovish major central bank in Asia, slashing rates by a cumulative 135 basis points last year, it paused unexpectedly in December on inflation concerns

Indian economy likely to rebound in 2020 on measures taken by govt, RBI: CII
Business

Indian economy likely to rebound in 2020 on measures taken by govt, RBI: CII

CII believes that with the sharp moderation in growth, the time has come to adopt an expansionary fiscal policy

RBI not done with easing; to cut interest rate again in October and early next year: Poll
Business

RBI not done with easing; to cut interest rate again in October and early next year: Poll

The RBI cut rates by 35 basis points to 5.40% this week but maintained its “accommodative” policy stance, signalling further easing on concerns about weak economic growth and subdued inflation.

Budget 2019: Nirmala Sitharaman's promise to cut fiscal deficit to 3.3% of GDP is brave, but not realistic
Business

Budget 2019: Nirmala Sitharaman's promise to cut fiscal deficit to 3.3% of GDP is brave, but not realistic

Nirmala Sitharaman is promising to keep the fiscal deficit at 3.3% of GDP, lower than the 3.4% projected in the interim Budget presented by Piyush Goyal

Union Budget 2019: What is contractionary fiscal policy and how it influences level of activity in the economy
Business

Union Budget 2019: What is contractionary fiscal policy and how it influences level of activity in the economy

Contractionary fiscal policy involves increasing taxes or reducing spending when the economy is seeing high inflation or when prices shoot up due to supply constraints

Current economic global atmosphere 'a delicate moment', says IMF chief economist Gita Gopinath
Business

Current economic global atmosphere 'a delicate moment', says IMF chief economist Gita Gopinath

Tensions in trade policy could flare up again and play out in other areas (such as the auto industry), with large disruptions to global supply chains, she cautioned.

Fiscal policy needs to be tightened at Centre, state-level in next financial year to avert growth drag
Business

Fiscal policy needs to be tightened at Centre, state-level in next financial year to avert growth drag

A step back from fiscal rectitude at this point will exaggerate the uncertainties around the fiscal outlook for the medium term.

IMF chief economist supports RBI; says government should heed central bank's message on financial stability
Business

IMF chief economist supports RBI; says government should heed central bank's message on financial stability

The IMF's chief economist Maurice Obstfeld said he does not want politicians "manipulating" central banks for political ends.

India fastest growing economy in Asia; on track to meet FY18 target of 7.3%, accelerate to 7.6% in FY19: ADB
Business

India fastest growing economy in Asia; on track to meet FY18 target of 7.3%, accelerate to 7.6% in FY19: ADB

Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific region, Asian Development Bank (ADB) said in a new report today.

Budget 2018: Here's an explainer on terms like fiscal policy, finance bill, and more
Business

Budget 2018: Here's an explainer on terms like fiscal policy, finance bill, and more

Here's a list of some key budget-related terms so that you know what it means when Arun Jaitley mentions them in his speech on 1 February

India can grow 8% for next two decades, needs to unleash next set of reforms to achieve potential, says UN
Business

India can grow 8% for next two decades, needs to unleash next set of reforms to achieve potential, says UN

The UN said 2017 has been a year of major economic reforms in India, particularly in the banking sector.

It's time we moved away from fiscal deficit targeting, focused policy related outcomes: Bimal Jalan
Business

It's time we moved away from fiscal deficit targeting, focused policy related outcomes: Bimal Jalan

The government has set a target of a 3.2 percent of GDP fiscal deficit for the current fiscal

MPC likely to hold repo rate on Wednesday on higher inflation, rising oil prices and strong GDP data
Business

MPC likely to hold repo rate on Wednesday on higher inflation, rising oil prices and strong GDP data

MPC had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six percent.

GST: Arun Jaitley sees scope for lesser slabs, bigger reforms once revenue picks up
Business

GST: Arun Jaitley sees scope for lesser slabs, bigger reforms once revenue picks up

Currently, the GST regime slots items under rates of 5, 12, 18 and 28 percent. An additional GST compensation cess is also levied on certain products.

India's fiscal easing constrained by high debt: Moody's
Business

India's fiscal easing constrained by high debt: Moody's

Moody's said India's exports to UK were 0.4 percent of the GDP in 2015 while shipments to European Union make up for 1.7 percent

Why Arun Jaitley should not develop a fiscal deficit obsession in budget 2015-16
Economy

Why Arun Jaitley should not develop a fiscal deficit obsession in budget 2015-16

Europe and Japan have followed the US in easing up monetary policy while trying to run a tighter fiscal ship. It has resulted in less growth and more asset inflation. India should avoid the same trap.

Good news: Whether RBI cuts it or not, lending rate is headed downwards
Economy

Good news: Whether RBI cuts it or not, lending rate is headed downwards

The current deposit rate cut spree will most likely be succeeded by reduction in lending rates across segments and even in base rates of banks if the credit growth remains subdued and economic revival takes longer than expected