Market Ticker

Translate

Wednesday, December 30, 2009

Mukherjee: Need to balance growth, fiscal deficit

India needs to strike a balance between economic growth and cutting fiscal deficit, Finance Minister Pranab Mukherjee said on Wednesday.

India's fiscal deficit is estimated at 6.8 percent of gross domestic product for 2009/10 (April-March), higher than 6.2 percent in the previous year as the government cut tax rates and boosted spending.

The economy grew 6.7 percent in 2008/09, slower than 9 percent or more in the previous three years.

No comments:

Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jul 12
01:00 CFTC Oil NC Net Positions 1 209.4K 234.7K
01:00 CFTC Gold NC Net Positions 1 $203K $202K
01:00 CFTC S&P 500 NC Net Positions 1 $-140.0K $-86.8K
01:00 CFTC GBP NC Net Positions 1 £33.2K £31.4K
01:00 CFTC AUD NC Net Positions 1 $-74.3K $-70.1K
Monday, Jul 14
04:00 Business NZ PSI 2 44
04:15 Electronic Card Retail Sales (YoY) 1 0.9%
04:15 Electronic Card Retail Sales (MoM) 1 -0.2%
04:31 Rightmove House Price Index (YoY) 1 0.8%
04:31 Rightmove House Price Index (MoM) 1 -0.3%
Economic Calendar >> Add to your site

Best Mutual Funds

Recent Posts

Search This Blog

IPO's Calendar

Market Screener

NSE BSE Tiker

Custom Pivot Calculator

Popular Posts

Market & MF Screener