News
Congress Party Rout in India Risks Economy-Overhaul Agenda as Gandhi Flops
www.bloomberg.com
[Bloomberg] - “The results will not provide the political space for the government or give it the confidence to carry through unpopular reforms,” Goldman analysts led by Tushar Poddar in Mumbai said in a note to investors yesterday. “The best that can be hoped for
Google News: Great expectations
[mydigitalfc.com] - Slowing growth, higher oil prices, and highly optimistic budgeting suggest to us that even our above consensus on fiscal deficit targets may be exceeded,” said Goldman Sachs' Tushar Poddar, in a note. Goldman Sachs' sector analysts expect the budget to
India's Bonds Advance on Speculation RBI May Cut Reserve Ratio
www.bloomberg.com
[Bloomberg] - The RBI will lower the reserve ratio by a further 100 basis points in the fiscal year ending March 31, 2013, the Goldman Sachs' economists Tushar Poddar and Prakriti Shukla wrote in a research note today, compared with an earlier estimate of 50 basis
Why India's fiscal deficit is among highest in growth markets
www.firstpost.com
[Firstpost] - Like most other experts, the brokerage's economists, Tushar Poddar and Vishal Vaibhaw, thought that Finance Minister Pranab Mukherjee would focus primarily on fiscal consolidation, or getting its finances back into shape. To do that, the brokerage
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