Fiscal prudence News

You tend to spend more on yourself and feel like you deserve the better things in life because you’ve earned it While this is technically true, this can also lead to poor savings and unhealthy financial situations Experts say that it's important to have fun, but fiscal prudence is important too

Install one of those cost tracker applications if your banking app does not do the task By setting up an emergency fund, you can deal with unforeseen circumstances without having to borrow money at interest or sell your possessions Major life purchases like a house or a car can be assisted by loans

The festival also teaches us to diversify our investments among various asset classes so as to minimize our risks and maximize our returns.

Fiscal deficit target of 3 per cent for 2017-18 looks difficult as the debt dynamics of the country show "stickiness", rating agency Crisil said on Saturday.

India saw a record 53 percent increase in FDI in last two years as the investment climate brightened due to steps taken to foster growth, price stability and fiscal prudence which also improved the overall macroeconomic stability, government said Friday.

The government has put the derailed economy back on track, contained inflation and improved investor confidence in the last one year, Prime Minister Narendra Modi said Tuesday.

The government is committed to containing fiscal deficit at 4.1 percent of the Gross Domestic Product (GDP) this fiscal, Minister of State for Finance Jayant Sinha said on Friday.

Former Finance Minister P Chidambaram on Tuesday said India can achieve 8 percent growth in the next 2-3 years by following the path of fiscal prudence.