India's current account deficit stood at $5.8 billion in the first quarter of the current fiscal as compared to $9 billion a year ago, the Reserve Bank of India (RBI) said on Wednesday. Gross capital inflows to India revived during the June quarter as compared to the corresponding period of last year.
FM also said the govt planned to scale down fiscal deficit to 4 per cent by 2012.
US, European economies still down, domestic markets drove FM's agenda.
http://www.ibnlive.com/news/i-took-calculated-risks-for-higher-growth-pranab/96519-7.html
S&P will retain its BBB-minus long-term sovereign rating for India.
http://www.ibnlive.com/news/sp-downgrades-india-cites-fiscal-weakness/86182-7.html
Fiscal deficit, a measure that tells if the government is spending within its means.
http://www.ibnlive.com/news/fiscal-deficit-to-rise-to-55-on-higher-spending/85488-7.html
Global economic crisis will negatively impact the fiscal and revenue deficit.
http://www.ibnlive.com/news/govt-admits-budget-deficit-targets-may-not-be-met/76490-7.html
The RBI Governor's revelation showed that the Govt's outlook was optimistic.
http://www.ibnlive.com/news/indias-fiscal-deficit-more-than-projected-says-reddy/66028-7.html
With Prime Minister Manmohan Singh hinting on fewer tax exemptions there could be taxing times ahead.
http://www.ibnlive.com/news/qotd-taxing-times-ahead-for-india/30923-3.html
India's fiscal deficit for the first eight months of 2006 has dropped in both percentage and aggregate terms.
http://www.ibnlive.com/news/fiscal-deficit-at-728-pc-of-target/29796-7.html
First quarter fiscal deficit widened 43 per cent from a year ago on increased spending by the Government.
http://www.ibnlive.com/news/indias-1q-fiscal-deficit-widens-43-pc/17177-7.html
Chidambaram turned down the demand of the left parties to introduce long-term capital gains tax.
http://www.ibnlive.com/news/no-longterm-capital-gains-tax-fm/10956-7.html
Dreaming of the day you can retire and dip into your nest egg? That day could remain only a dream. Retirement schemes soon become taxable.
http://www.ibnlive.com/news/govt-eyes-your-precious-savings/2912-7.html
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