Cues on growth to come from fiscal deficit numbers: Nilesh Shah, Envision Capital
Nilesh Shah, MD & CEO, Envision Capital, says just saying that we will probably grow 6-7% may not satisfy the market and it is going to ask what is that fiscal deficit number that you have?
ET Online Poll: Fix the fisc, bridge trust deficit or go for $5 trillion? Difficult Budget choices await Nirmala Sitharaman
How much manouevr...
ET Online survey: Is 5% growth the new normal for India? A lot hinges on this Budget
India has not seen a low GDP score since the 3.1% in FY0...
NCML releases first estimate of rabi crop, indicates record food grain production
Rabi season which contributes to nearly 50% of the food grain production starts from November and lasts till April of the following year. The monsoon season of 2019 witnessed 10% above normal rainfall. The actual cumulative monsoon rainfall was 968 mm which was higher than the normal level of 880.6 mm.
View: Sitharaman must stoke optimism in Budget 2020
There is one thing Sitharaman's upcoming Budget should focus on, bringing back optimism.
Gold imports dip 6.77 per cent during April-December 2019
Imports of the yellow metal stood at USD 24.73 billion in the corresponding period of 2018-19. The decline in gold imports has helped in narrowing the country's trade deficit to USD 118 billion during the period, against USD 148.23 billion a year ago. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.
Think of innovative ways to reduce fiscal deficit: Harsh Mariwala
Govt needs to find innovative ways of reducing fiscal deficit, says Marico CEO Harsh Mariwala.
View: An expenditure-led fiscal expansion could be Sitharaman's choice in this Budget
The govt should prioritise infra spending, especially on sectors highlighted in the report on NIP.
View: The Budget should keep up spending while directing it to productive areas
This year, it is widely believed that the fiscal deficit will exceed its target of 3.3% of GDP due to the shortfall in revenue collection. The question is, at what level should it be set for the coming fiscal year 2020-21? CII believes this is not the time for belt tightening or fiscal consolidation, in view of the economic slowdown.
Fiscal deficit may widen to 3.8% for current financial year: Report
The country's fiscal deficit for 2019-20 is expected to widen to 3.8 per cent, as per a report.
Nomura sees fiscal deficit slipping to 3.7% in FY20
Nomura expects the Budget to prioritise investment over short-term consumption demand, announce measures for boosting housing demand and attract more long-term risk capital. The brokerage said it expects the Budget to be largely neutral for both growth and inflation.
View: Limited revenues will not hold back Budget 2020 from featuring new schemes that induce overspending
Despite catchy slogans, we have built a bloated bureaucracy that has no bearing with the digital age.
Foreigners dump bonds fearing widening Budget deficit
The sell-off may be a sign of the start of prolonged pain for the nation’s bond markets.
2012-13, 2013-14 slowdowns were a lot worse than the present one: Arvind Panagariya
For five years after 2013-14 we have grown at 7.5% and now we are slowing down again, said Panagariya.
View: Go for growth! It's time to stop obsessing over fiscal deficit and deliver growth
Budget 2020 is not being framed in a business-as-usual scenario but at a time of sharply lower growth.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service