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| Higher govt borrowings do not crowd out private credit | 27-OCT-09 |
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| With the government raising over 80 per cent of its planned borrowings in the first half of the financial year on the back of adequate liquidity in the system, the fear of private credit getting crowded out have subsided, according to the Reserve Bank of India (RBI). |
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| Govt may defer stake sale fund | 16-OCT-09 |
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| Facing a fiscal deficit of 6.8 per cent of Gross Domestic Product for the current financial year, the government is likely to delay for a year or two the National Investment Fund (NIF), a move that will enable it to keep disinvestment proceeds in the Consolidated Fund of India (CFI). |
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| Rising fiscal deficit not sustainable: FM | 24-SEP-09 |
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| Finance Minister Pranab Mukherjee today said the country’s GDP growth might exceed 6 per cent in the current financial year, but a rising fiscal deficit was not sustainable in the long term. |
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| UP heading towards 'fiscal stress': CAG | 10-SEP-09 |
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| There has been an all-round deterioration in the financial condition of Uttar Pradesh and the state may be heading towards "fiscal stress" in the medium-to-long term, says the Comptroller and Auditor General of India. |
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| US fiscal deficit to touch $9.05 trillion in 10 yrs | 26-AUG-09 |
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| The US fiscal deficit is projected to touch a staggering $9.05 trillion in the next ten years, with the government unleashing massive public spending measures to bolster the recession-hit economy. |
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| Govt: Latest debt instrument not to fund fiscal deficit | 12-AUG-09 |
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| A day after announcing the latest debt instrument to tide over temporary cash flow problem, the government and the Reserve Bank of India (RBI) have tried to clear the air on the cash management bills and said that the tool would not be used to fund the Centre’s fiscal deficit. |
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| High fiscal deficit unlikely to affect India's ratings: FinMin | 17-JUL-09 |
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| “I do not expect a downgrading. If we do not act on the demand side now then we will face greater difficulties later,” said K P Krishnan, joint secretary, Department of Economic Affairs, at the sidelines of a seminar organised by the Confederation of Indian Industry. |
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| Divestment answer to India's eco concerns: Moody's | 16-JUL-09 |
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| The government plan to sell stakes in state-owned enterprises would help it address many of India's existing economic concerns and alleviate the current "fiscal stress", according to Moody's. |
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| Economy will revive in three months: Fin Secy | 15-JUL-09 |
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| The government hopes that the economy will revive in the next three months and hence it is planning to borrow from the market directly now as later on private demand for funds will increase. |
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