What is deficit financing?
For developing countries like India, higher economic growth is a priority. A higher economic growth requires finances. With the private sector being shy of making huge expenditure, the responsibility of drawing financial resources rests on the government.
Govt revises target for GST collections again
The target has been raised to Rs 1.15 lakh crore over the next two months and Rs 1.25 lakh cror...
Budget 2020: Is it time for a more realistic disinvestment target?
India needs more realistic disinvestment targets so that the fiscal math i...
What is government borrowing? How it impacts fiscal deficit?
In the current fiscal, the government has decided to stay with the borrowing programme as announced in the Budget 2019. This has cheered the markets and kept yields in check. In the Budget speech, the finance minister also announced borrowing from overseas market but later on dropped the plan owing to currency risks.
Sterlite Technologies to continue to look for buyout targets
Anupam Jindal, chief financial officer at Sterlite Technologies, said the company would continue to look at inorganic growth opportunities that allow it to expand its customer offerings or give it access to new customers.
India's exports decline for fifth straight month in December, trade deficit narrows
Merchandise exports fell to $27.36 billion in December compared with a year earlier, while imports were down 8.83% to $38.61 billion, the data showed. India's trade deficit stood at $14.49 billion in December 2018, the statement said.
S&P 500 crosses 3,300 on Morgan Stanley earnings, tech rally
Morgan Stanley's shares jumped 5.6% after the Wall Street bank beat fourth-quarter profit estimates and raised its performance goals, wrapping up earnings of big U.S. lenders on a strong note.
Fiscal deficit may widen to 3.7-4% of GDP: Ex-fin secy
He estimated that the real fiscal deficit would be around 4.5 per cent to 5 per cent of GDP.
FY20 deficit likely to be 4.5-5% of GDP: Ex-Fin Secy
Former finance secretary Subhash Garg has said India's real fiscal deficit in FY20 is likely to be higher at 4.5-5% of GDP due to an expected shortfall in revenue, and higher spending.
Buy PVR, price target Rs 2,010: Shubham Aggarwal
The analyst suggested a stoploss at Rs 1870.
Buy Bharat Electronics, price target Rs 115: Kunal Bothra
The analyst suggested a stoploss at Rs 102.
Nalinkumar Kateel targets win in 150 seats in next assembly polls
After being elected, Kateel said that one of the challenges before him was to ensure that the BJP wins 150 seats in the 2023 Assembly elections. “CM Yediyurappa’s goal of winning 150 seats in the Assembly elections will be realised. The party will come to power again,” he told the media.
Buy Vinati Organics, price target Rs 2,200: Kunal Bothra
The analyst suggested a stoploss at Rs 2060.
Buy Century Enka, price target Rs 225: Kunal Bothra
The analyst suggested a stoploss at Rs 198.
Buy Jindal Saw, price target Rs 108: Kunal Bothra
The analyst suggested a stoploss at Rs 96.
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