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Fiscal health News

07 Mar 2018

Finmin pitches for ratings upgrade with Fitch; says will adhere to fiscal prud

Fitch last year kept India's sovereign rating unchanged at 'BBB-', the lowest investment grade, with stable outlook.

07 Mar 2018

Indian economy to recover gradually to 7.1% in FY2019

The growth rose to a five-quarter high of 7.2 percent in the October-December period.

fiscal consolidation

18 Feb 2016

Govt to delay fiscal roadmap, project deficit at 3.9%: Goldman

Government may deviate from the fiscal consolidation roadmap and up its deficit target for 2016-17 to 3.9 per cent of GDP to push rural demand and pay higher wages to civil servants, Goldman Sachs said today.

15 Jan 2016

'Finance Ministry, RBI keeping close watch on rupee; CAD under control'

The government proposes to bring down the fiscal deficit in current fiscal to 3.9 percent of GDP.

26 Nov 2014

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.

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