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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.

India's exports may touch $360 bn this fiscal: FIEO

Last Updated: Thursday, June 05, 2014, 21:01

India's exports are expected to touch USD 360 billion in the current fiscal from USD 312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) on Thursday said.

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

Last Updated: Monday, March 31, 2014, 19:55

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

IMF projects 5.4% growth for India in 2014-15

Last Updated: Thursday, February 20, 2014, 20:01

Stronger global growth, improving export competitiveness, a favorable monsoon and a confidence boost from recent policy actions should deliver a modest growth rebound, IMF added.

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

Last Updated: Sunday, February 09, 2014, 11:54

"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.

Efforts to meet 4.8% fiscal deficit credit positive: Fitch

Last Updated: Monday, January 13, 2014, 19:10

Government efforts to avoid "fiscal pump-priming" ahead of general elections, so as to achieve the fiscal deficit target of 4.8 percent of the GDP in 2013-14, are supportive for the country's credit rating, Fitch Ratings said on Monday.

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

Last Updated: Thursday, January 09, 2014, 17:39

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.

Achieving current fiscal disinvestment target a tough task

Last Updated: Wednesday, December 18, 2013, 12:04

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

Rajan says to unveil steps to tackle financial stress

Last Updated: Wednesday, December 11, 2013, 12:34

The Reserve Bank of India will announce next weeks steps to recognise and resolve financial stresses, including making it more expensive for so-called wilful defaulters to borrow funds, governor Raghuram Rajan said on Wednesday.

Defeat of Congress may lead to higher fiscal deficit: Fitch

Last Updated: Tuesday, December 10, 2013, 14:09

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

HSBC sees fiscal deficit breaching 5% mark in FY14

Last Updated: Monday, December 09, 2013, 16:23

Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 percent of the GDP in this fiscal, but HSBC said the spending- revenue gap may overshoot to 5.1 percent.

PM calls meet to push disinvestment

Last Updated: Monday, December 02, 2013, 15:53

The government has budgeted to raise Rs 40,000 crore from minority stake sale in PSUs in the current fiscal.