Remove tag fiscal deficit
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India's no longer 'fragile', can weather global market volatility

CFO News

In the face of global financial market turbulence, India's rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Forecasts project a reduced CAD and stable rupee for the upcoming fiscal years.

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Transcript: Gary Cohn

Barry Ritholtz

So there’s gonna be an ongoing fiscal stimulus even as the monetary stimulus comes off. 01:24:21 [Speaker Changed] Look, the, the most obvious way to look at this is we’re coming up on the end of the fiscal year, we’re gonna have a a $2 trillion deficit for the year.

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