Fiscal Slippage

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Fiscal Slippage - Total results - 18
Bond rally fizzles on expectations of fiscal stimulus package, slowdown concerns in economy
Business

Bond rally fizzles on expectations of fiscal stimulus package, slowdown concerns in economy

Over the past four trading sessions, however, bonds have given up some of those gains with the 10-year yield up 31 bps

Viral Acharya, RBI governor Shaktikanta Das had different takes on fiscal deficit front in June policy meet
Business

Viral Acharya, RBI governor Shaktikanta Das had different takes on fiscal deficit front in June policy meet

Acharya flagged fiscal slippages amidst missing tax collection targets and falling growth rates as an upside risk to inflation estimates

Finance Commission chairman cautions against fiscal slippage; says will impact macroeconomic stability
Business

Finance Commission chairman cautions against fiscal slippage; says will impact macroeconomic stability

Singh expressed apprehension that some states are not according priority to fiscal discipline, which was not the case earlier.

October CPI at 3.31% and September IIP at 4.5%: Inflation numbers come as breath of fresh air, show economy is on right track for now
Business

October CPI at 3.31% and September IIP at 4.5%: Inflation numbers come as breath of fresh air, show economy is on right track for now

Two things stand out in the CPI inflation number. The first is that the food items basket is responsible for this low number. The other concern which will definitely be the focus for the RBI is core inflation which is now above 6 percent.

India economy: Govt indicates it will not cut expenditure in the wake of higher fiscal deficit numbers
Business

India economy: Govt indicates it will not cut expenditure in the wake of higher fiscal deficit numbers

Fiscal deficit has touched Rs 6.77 lakh crore at the end of January 2018, 113.7 percent of the target for the year, on account of higher expenditure.

Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues
Business

Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues

Arun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues

RBI keeps repo rate unchanged: MPC has a word of caution for Modi govt and bad news for investors
Business

RBI keeps repo rate unchanged: MPC has a word of caution for Modi govt and bad news for investors

The growth scenario is not looking as bad as it appeared in the first quarter of this fiscal year to warrant an urgent rate cut boost.

Task to strengthen public finances left to next govt after 2019 elections: Fitch Ratings
Business

Task to strengthen public finances left to next govt after 2019 elections: Fitch Ratings

The target for current fiscal was missed largely because of higher expenditure, Fitch said.

Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody's
Business

Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody's

Moody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile

Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economy
Business

Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economy

Since Narendra Modi took power in May 2014, benchmark 10-year bond yields have fallen 135 bps and NSE share index has surged 55 percent

Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairman
Business

Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairman

The government aims to contain the fiscal deficit for 2017-18 to 3.2 percent of the GDP, and 3 percent in 2018-19

Govt borrowing: Why rapid, last minute changes are only worsening market volatility
Business

Govt borrowing: Why rapid, last minute changes are only worsening market volatility

The government’s cash flow operations are disrupted, so to speak, and need some re-adjustment.

Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche Bank
Business

Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche Bank

FY19 Union Budget to be announced on 1 February is expected to be a populist and to propose more spending towards social sectors

RBI may up inflation forecast for FY18, opt for prolonged pause in policy rates as risk factors weigh: DBS Bank
Business

RBI may up inflation forecast for FY18, opt for prolonged pause in policy rates as risk factors weigh: DBS Bank

DBS said clear guidance from RBI in the upcoming policy will be key in guiding the markets, going ahead.

Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistake
Business

Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistake

The additional spending, if directed to kickstart economic engines, can work well to regain the growth momentum, even at the cost of a one-off fiscal slippage

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage
Business

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage

The alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now

GST impact: Govt to borrow Rs 50,000 cr more this year as revenue takes a hit; fears of fiscal slippage loom
Business

GST impact: Govt to borrow Rs 50,000 cr more this year as revenue takes a hit; fears of fiscal slippage loom

The government is having to raise extra funds as it has already spent over $200 billion in eight months to October, about 60 percent of the budgeted spending, while revenue collections were just 48 percent of the target.

Pranab must act to plug budget hole
Economy

Pranab must act to plug budget hole

Rupa Rege-Nisture, chief economist and general manager of the Bank of Baroda, speaks to Firstpost's Rajanya Bose in an exclusive video interview.