India deficit

Fiscal deficit in 2013-14 is 4.5% of GDP

The fiscal deficit in 2013-14 stood at 4.5 percent of GDP, lower than 4.6 percent projected in the revised estimate, mainly on account of curbs on government expenditure.

May 30, 2014, 19:35 PM IST

Going forward economy can only become stronger: Chidambaram

Chidambaram, however, said there has been shortfall in overall tax collection in the last fiscal.

Apr 26, 2014, 16:02 PM IST

CAD likely to be $35 bn in 2013-14: Chidambaram

"India's forex reserves have crossed USD 300 billion. We have successfully contained fiscal deficit and current account deficit," Chidambaram said.

Mar 31, 2014, 17:46 PM IST

'Chidambaram may positively surprise markets on deficit front'

In the run-up to the general elections, Chidambaram will present the vote-on-account next Monday.

Feb 13, 2014, 16:27 PM IST

Initiatives taken to boost exports, reduce imports: Govt

The country's CAD stood at 5.4 percent of GDP during April-December period of financial year 2012-13 amounting to USD 72 billion.

May 07, 2013, 18:10 PM IST