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Fiscal Deficit
Business  /  Published 10.10.19

Moody’s cuts growth forecast to 5.8%

Moody’s Investors Service on Thursday cut its growth forecast for India for 2019-20 to 5.8 per cent from 6.2 per cent, saying the economy was experiencing a pronounced slowdown which was partly rela...
By Our Special Correspondent in New Delhi

Business  /  Published 17.10.19

Deficit target slip fear

India is likely to miss its fiscal deficit target of 3.3 per cent of gross domestic product for the current financial year by 30-50 basis points, two sources said, because of the sharp slowdown in the...
By A Staff Reporter in Calcutta

Business  /  Published 14.06.20

Current account deficit reaps benefit

A fall in oil demand during the lockdown has reduced the prices and the amount of import but has helped to reduce the import bill as well as the country’s current account deficit at a time the Modi ...
By R. Suryamurthy in New Delhi

Business  /  Published 31.07.19

Fiscal deficit worry

The government’s fiscal deficit has touched Rs 4.32 lakh crore on June 30, which is 61.4 per cent of the budget estimate of Rs 7.03 lakh crore for the 2019-20 fiscal, according to data released by ...
By Our Special Correspondent in New Delhi

Business  /  Published 08.07.19

Foreign bond talks soon

Reserve Bank governor Shaktikanta Das on Monday said the apex bank would initiate discussions with the government on the issue of overseas sovereign bonds, an instrument that will help to reduce the g...
By Our Special Correspondent in New Delhi

India  /  Published 08.11.18

PC sees catastrophe in Govt-RBI strife

Former finance minister P. Chidambaram on Thursday linked the government-RBI strife to the Centre’s sudden demand for a huge amount from the central bank and feared the government would inflict “a...
By Our Special Correspondent in Calcutta

Business  /  Published 19.09.19

Shaktikanta Das moots structural reforms

RBI governor Shaktikanta Das on Thursday called for more structural reforms, and suggested the Centre frontload its budgeted capital expenditure to put growth back on track.The government has limited ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.04.20

RBI wants fiscal stimulus

RBI governor Shaktikanta Das has put pressure on the Centre for a stimulus package after unveiling its own monetary measures in the past fortnight. In an interview to news agency Cogencis, Das said th...
By Our Special Correspondent in Mumbai

Business  /  Published 23.03.20

Aditya Puri calls for rate cut

Aditya Puri, one of the country’s top bankers, on Monday called upon the Reserve Bank of India (RBI) to go for an inter-policy rate cut and relaxation on its rules relating to asset classification.S...
By Our Special Correspondent in Mumbai

Business  /  Published 31.05.19

Nirmala on difficult mission

Finance minister Nirmala Sitharaman has a daunting task to restore the country’s economic health, wracked by falling growth rate and rising employment.The country’s first full-time woman finance m...
By R. Suryamurthy in New Delhi


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