The Indian government has raised the basic customs duty on a number of items used in electronic and mobile communications in a move aimed at narrowing down the current account deficit.
Fiscal Deficit Target
India Likely to Meet Fiscal Deficit Target of 3.3%: Moody’s
Gold Silver Reports (GSR) – India Likely to Meet Fiscal Deficit Target of 3.3%: Moody’s — Rating agency Moody’s said on Thursday that it expects India to meet its fiscal deficit target of 3.3% of GDP for FY19, on the back of commitment to fiscal consolidation and attainable budgetary targets.