Latest News on Fiscal Slippage
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Fiscal Slippage - Total results - 15
Nov 13, 2018
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 nowTwo 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.
Mar 01, 2018
India economy: Govt indicates it will not cut expenditure in the wake of higher fiscal deficit numbersFiscal 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.
Feb 09, 2018
Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cuesArun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues
Feb 07, 2018
RBI keeps repo rate unchanged: MPC has a word of caution for Modi govt and bad news for investorsThe 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.
Feb 06, 2018
Task to strengthen public finances left to next govt after 2019 elections: Fitch RatingsThe target for current fiscal was missed largely because of higher expenditure, Fitch said.
Feb 05, 2018
Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody'sMoody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile
Jan 31, 2018
Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economySince Narendra Modi took power in May 2014, benchmark 10-year bond yields have fallen 135 bps and NSE share index has surged 55 percent
Jan 29, 2018
Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairmanThe government aims to contain the fiscal deficit for 2017-18 to 3.2 percent of the GDP, and 3 percent in 2018-19
Jan 19, 2018
Govt borrowing: Why rapid, last minute changes are only worsening market volatilityThe government’s cash flow operations are disrupted, so to speak, and need some re-adjustment.
Jan 18, 2018
Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche BankFY19 Union Budget to be announced on 1 February is expected to be a populist and to propose more spending towards social sectors