Tag Archives: Fiscal

Bond investors seek clarity on future rate cuts & fiscal math

Bond investors will be focussed on what the Reserve Bank of India (RBI) governor Shaktikanta Das says on future rate cuts when the monetary policy committee (MPC) announces its rate decision on Friday. The corporate tax cut by the government and unchanged borrowing plan in the second half of the year has made dealers nervous on India’s fiscal position which could limit the central ... Read More »

RBI Pores Over Budget, Worries on Fiscal Math: Report

Mumbai: Some Reserve Bank of India (RBI) officials are worried that a populist Budget could put the onus of driving growth on them but limit their ability to respond through big rate cuts this year. Finance Minister Arun Jaitley increased spending on farm and social sectors in the 2016-17 fiscal year on Monday in a boost to rural India, where ... Read More »