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Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

India expected to post first current account surplus in nine years

India expected to post first current account surplus in nine years

India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee though it is not a good sign for the economy as it reflects weak investment demand at home and subdued exports

'GDP growth rate to be lower than CSO's forecast of 7.6% in FY16'

'GDP growth rate to be lower than CSO's forecast of 7.6% in FY16'

The agency said it expects the growth rate for last quarter of 2015-16 at 7.4 percent, which translates into the 2015-16 GDP growth of 7.5 percent.

CAD remains in check; likely to be less than $25 bn: Barclays

CAD remains in check; likely to be less than $25 bn: Barclays

According to experts, a CAD up to 2.5 percent of GDP can be financed with the current level of foreign fund inflows and remittances.

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports shrank 36.5 percent to USD 3.53 billion in November on the back of falling prices of the yellow metal, something that will keep the country's current account deficit (CAD) in check.

CAD to be around 1.5% of GDP this fiscal: RBI

CAD to be around 1.5% of GDP this fiscal: RBI

RBI Deputy Governor Urjit Patel on Thursday said the central bank expects Current Account Deficit (CAD) around 1.5 percent of GDP in the current fiscal.

Indirect tax collection growth shows economy improving: CEA

Indirect tax collection growth shows economy improving: CEA

The Finance Ministry on Wednesday said a steady 37 percent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.

RBI says 'reasonably comfortable' with current account deficit

The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.

FDI inflows to remain buoyant in coming quarters: Moody's

Net FDI inflows into India totalled USD 14.1 billion in the first five months of 2014-15.

Fiscal deficit in Apr-Feb at 114.3% of full year target

The deficit, which is the gap between expenditure and revenue, was 97.4 percent during April-February a year ago.

Fiscal deficit likely to come down to 4.7% in 2013-14

"Fiscal deficit will be restricted at 4.7 percent, but it will happen by credible means. The realisation from spectrum auction will help better the number," the official said.

'Govt must slash spending by Rs 1-tn to meet fiscal target'

The government will have to cut expenditure by up to Rs 1 lakh crore in the remaining part of the fiscal if it is to meet the budgeted fiscal deficit target of 4.8 percent, foreign brokerage Barclays has said.

Intensify reforms, cut subsidies for eco recovery: Rangarajan

He said that if this growth rate was achieved "then India will also transit from being a low income to a middle income country".

Market wishlist: Stable govt, improved CAD, sustained FII inflows

A stable govt at the Centre, improved CAD, sustained FII inflows and better policy decisions are some of the wishes that stock markets hope will come true in 2014.

Achieving current fiscal disinvestment target a tough task

The government's ambitious disinvestment target for 2013-14 was left stranded after few initial PSU stake sales.

Defeat of Congress may lead to higher fiscal deficit: Fitch

For the current fiscal, the government has set fiscal deficit target of 4.8 percent of the GDP.

India's current account vulnerability falls, but risks remain

Measures to curb demand for imported gold have contributed to a sharp narrowing of India's current account deficit, global consultancy firm Capital Economics said.

No urgency to include G-Secs into global indices: Mayaram

As forex reserves continue to rise to comfortable levels addressing the current account deficit worries and the rupee pains ebbing, Economic affairs secretary Arvind Mayaram on Thursday said there is no urgency to include government debt in the global bond indices.

India to meet borrowing target, mindful of bond yields: Mayaram

The government has outlined a total borrowing plan of 5.79 trillion rupees for the full fiscal year.