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Fisc Deficit

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All the Prime Minister's officers

The Modi PMO is like none other.It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's, reports Aditi Phadnis. IMAGE: Prime Minister Narendra......

How alarming is India's current account deficit?

The Fisc and savings-investment gap lie at the heart of policy responses, writes Abheek Barua.I noticed that the commentary on the country's external accounts (balance of payments) for the second......

Fisc shapes up on GDP numbers

If the advance estimates of national income are anything to go by, the government will be bang on in meeting its deficit reduction targets for 2004-05."Nominal gross domestic product growth in the......

India's fiscal deficits: A short history

India’s fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya. Thirty years ago very few people in......

Fiscal credibility gets a boost in the Budget

The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.      Barely had markets heaved a sigh of relief......

'India's macros are one of the best in the world'

'I think the ingredients for sustained rapid (economic) growth are all in there. Our current account deficit, our external debt, the way the subsidies are being targeted, the government has......

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