fiscal deficit


Sensex crumbles for 3rd day; private banks play spoilsport

Feb 20 2018 | 4 mins ago

Sensex slipping over 71 points to mark its third straight-session loss as private banks put a dampener on the momentum created by IT counters.

Dollar steadies but dogged by worries over deficits, inflation

Feb 20 2018 | 5 hrs ago

Dollar inched higher versus a basket of major currencies, but its outlook was clouded by concerns that the ballooning US fiscal deficit could disrupt the economy.

Japan fiscal target pushed back; govt prioritizes social spending

Feb 19 2018

The govt expects to swing to a primary budget surplus of 800 bn yen ($7.23 bn) or 0.1% of gross domestic product in fiscal 2027, latest forecasts showed.

Indian economy to grow over 7.5 pc next fiscal: Goyal

Feb 12 2018

"I believe we will close this year upwards of 6.7 per cent. Next year should to my mind cross 7.5 per cent," Goyal said.

Market logs 2nd gain in 10 sessions; Sensex soars 295 pts

Feb 12 2018

Domestic equities managed their 2nd gain in last ten sessions and recovered from two back- to-back weekly declines, with Sensex surging nearly 295 pts and Nifty 85 pts.

Deutsche Bank pegs FY19 growth at 7.5%; warns of rate hike

Feb 12 2018

The economy will accelerate to 7.5 percent in FY19 and there is a slim chance of the much- feared rate hike by the central bank in the near-term as inflation risks abate.

'RBI status quo on key rate indicates growth will pick up'

Feb 09 2018

RBI's decision to maintain status quo on policy interest rate is a welcome move and indicates that growth will pick up from here onwards, finance ministry official said.

Economy was in terrible hands under UPA, says Jaitley

Feb 09 2018

Finance Minister Arun Jaitley slamed his predecessor P Chidambaram and said the economy was in the hands of a "terrible doctor" under 10-year rule of UPA.

Banks set to raise lending rates, pre-empting Reserve bank

Feb 08 2018

Banks to raise interest rates even though RBI is leaving its rates unchanged, as risks such as surging bond yields and more provisioning requirements erode their profit.

India should be 'wooden-headed' about fiscal consolidation

Feb 08 2018

Duvvuri Subbarao said Jaitley decision to relax on fiscal consolidation to give himself more room to spend is a questionable, and by far the most disappointing decision.

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Stocks In News



Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports


Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports


Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports


Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit


Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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