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High fiscal deficit exposing India to shocks: Moody's

Last Updated: Thursday, June 19, 2014, 11:10

India's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure, Moody's said.

Growth, inflation, deficits key challenges for new govt: Rajan

Last Updated: Thursday, May 15, 2014, 19:32

The new government will face four big challenges -- subdued growth, the fiscal and current account deficits and sticky inflation, RBI Governor Raghuram Rajan said on Thursday.

Fiscal deficit likely to be around 4.5% of GDP in FY14

Last Updated: Thursday, May 01, 2014, 19:12

The fiscal deficit, which is the gap between expenditure and revenue, was 4.9 percent of GDP in 2012-13.

India's CAD expected to come down to $32 billion: Chidambaram

Last Updated: Saturday, April 26, 2014, 13:36

Chidambaram said that fiscal deficit target of 4.6 percent as per revised estimate for FY14 has been achieved.

Pace of economic reforms depends on outcome of elections

Last Updated: Wednesday, March 26, 2014, 20:28

Global brokerage firm Morgan Stanley on Wednesday said the pace of economic reforms depends on the outcome of general elections, which, it assumed, will throw up a stable government.

'Current account deficit to be less than $40 billion'

Last Updated: Friday, March 07, 2014, 18:34

The CAD narrowed to USD 26.9 billion in the first half (April-September) of 2013-14.

Fiscal deficit exceeds revised Budget estimates

Last Updated: Friday, February 28, 2014, 20:45

According to the data released by Controller General of Accounts (CGA) today, the fiscal deficit during April-January 2013-14 worked out to be Rs 5.32 lakh crore or 101.6 percent of the revised estimates.

Budget 2014: Key Highlights

Last Updated: Monday, February 17, 2014, 18:41

Presenting the Interim Budget 2014 in Parliament, Finance Minister P Chidambaram on Monday slashed excise duty on cars and two-wheelers, capital goods and a variety of consumer items like TV and refrigerators to boost demand and manufacturing.

Budget 2014: No change in income tax slabs, excise duties slashed (Overview)

Last Updated: Monday, February 17, 2014, 08:35

Presenting the Interim Budget 2014 in Parliament, Finance Minister P Chidambaram on Monday proposed no changes in income tax slabs.

Rupee down 12 paise at 62.68 Vs dollar

Last Updated: Friday, January 31, 2014, 21:05

Falling for the second day, the rupee on Friday weakened by 12 paise against dollar to end at 62.68.

Fiscal deficit in Apr-Dec crosses 95% of annual target

Last Updated: Friday, January 31, 2014, 18:11

Country's fiscal deficit touched Rs 5,16,390 crore or 95.2 percent of the annual target during April-December, the Controller General of Accounts said Friday.

Economic growth for 2012-13 revised downwards to 4.5%

Last Updated: Friday, January 31, 2014, 17:48

Economic growth for 2012-13 has been revised downwards to 4.5 percent from 5 percent estimated earlier.