Former chief economist of the IMF Raghuram Rajan has said the political parties need to bury the hatchet for paving the way for deregulating diesel prices to rein in runaway
Planning Commission Deputy Chairman Montek Singh Ahluwalia today said problems of the industry, reeling under high interest rate regime, are linked to fiscal deficit that needs to be contained. "I
The government today said it has collected over Rs 6. 97 lakh crore in direct and indirect taxes between April and February of this fiscal
Economists at rating agencies and fund houses have described the 5. 1% fiscal deficit target for the next fiscal as an uphill task considering the absence of a clear
Indicating worsening public finances the government today pegged its net borrowing for 2012-13 at Rs 4. 79 lakh crore about Rs 43 000 crore higher than the revised
Hinduja Group Chairman S P Hinduja today described the Budget as investment-friendly and balanced, stating Finance Minister Pranab Mukherjee intends to tame inflation by adhering to fiscal discipline.
"Against the
Forecasting 'slippage' in budgeted revenue and fiscal deficit targets for the current financial year, the Economic Survey 2011-12 has called for financial consolidation based on structural reforms in government expenditure.
The Reserve Bank today suggested that the government should endeavour to contain high fiscal deficit, which has been restraining the central bank from lowering interest rates.
"In the absence of
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