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Fiscal health News

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Fitch last year kept India's sovereign rating unchanged at 'BBB-', the lowest investment grade, with stable outlook.
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The growth rose to a five-quarter high of 7.2 percent in the October-December period.
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Government may deviate from the fiscal consolidation roadmap and up its deficit target for 2016-17 to 3.9 per cent of GDP to push rural demand and pay higher wages to civil servants, Goldman Sachs said today.
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The government proposes to bring down the fiscal deficit in current fiscal to 3.9 percent of GDP.
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Net FDI inflows into India totalled USD 14.1 billion in the first five months of 2014-15.






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