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After rate cut, Govt pitches for rating upgrade

Last Updated: Wednesday, March 4, 2015, 13:39

Soon after RBI announcing a much- awaited rate cut, Chief Economic Advisor Arvind Subramanian on Wednesday said that the global rating agencies should look at upgrading their stance on India's credit outlook.

Fiscal deficit at Rs 5.68 lakh cr, breaches budget estimates

Last Updated: Monday, March 2, 2015, 23:13

Fiscal deficit rose to Rs 5.68 lakh crore in April-January period, breaching the budget estimate by 107 percent which may call for harder measures by the government to meet the target of 4.1 percent of the GDP for full 2014-15 financial year.