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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 set to grow at 5.5% in FY15: World Bank

Last Updated: Wednesday, June 11, 2014, 10:14

The World Bank projected India`s growth at 5.5 percent in fiscal 2014-15, accelerating to 6.3 percent in 2015-16 and 6.6 percent in 2016-17 as it urged developing countries to double down on domestic reforms.

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.

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.

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.

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.

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.

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.