INSUBCONTINENT EXCLUSIVE:
UBS expects the Reserve Bank of India to hike its key rates by 0.50 per cent.Mumbai: India is the only major emerging market having a
negative balance of payments (BoP) and the pressure is expected to sustain, a Swiss brokerage said Monday, expecting the rupee to depreciate
Shortfalls in GST collection and divestments, coupled with state finances being under strain will take the consolidated fiscal deficit to
6.5 per cent in FY19, against the government's budget estimate of 5.9 per cent, UBS said
A country's external balances is one of the key factors influencing the currency and weakness in it has led to a 12 per cent depreciation
cent, much above the sustainable threshold
pressures on the BoP to continue till FY20, it revised its year-end rupee level estimate to 73 against the dollar, compared with the earlier
running twin deficits (CAD and fiscal) are likely to face heightened financial market volatility as well as downside risks to their
still muted private corporate capex recovery on legacy issues of high debt and weakened balance sheets will weigh on India's growth
the government's budget estimate of 5.9 per cent) on concerns related to revenue shortfall (on GST, divestment etc), higher states' fiscal
collections for FY19, unless there is a significant increase in tax compliance or the GST council agrees with the recently passed amendments
rates by 0.50 per cent more due to financial stability concerns on rising oil prices, capital outflows, populist spending and political
