Growth Outlook, Indian Rupee & More: CEA Nageswaran On How Iran War Has Impacted India's Economy

By NDTV Profit

Community Score: 50% | 183 views | 3h

0 community ratings: null thumbs up, null thumbs down

Chief Economic Adviser V. Anantha Nageswaran struck a cautious note on India's fiscal consolidation path, telling NDTV Profit that meeting the 4.3% fiscal deficit target for FY27 will be a tough ask, even as he maintained confidence in the economy's underlying strength. "Meeting the 4.3% fiscal deficit target this year will be challenging. Not impossible, but a tough task," he said. The CEA flagged that while nominal growth could come in closer to 12%, real growth will be lower. Government expenditure, he added, remains contingent on several variables, including international fertiliser prices. #ceanageswaran #indianeconomy #iranwar For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVP

Tags: ndtv profit, stock market, stock market news, stock market india, stock market today, today stock market news, share market live, share market live today, share market news live, today share market news, top stocks in focus, top stocks to buy, nifty live, union budget news, finance news, latest finance news, business news, latest business news, business news today

More from NDTV Profit

  • UAE Quits OPEC Group Amid Iran War Crisis: What It Means For The Oil Market? — Score: 50%
  • 'Prove Bias Through Election Petition': Calcutta HC Rejects TMC's Plea On County Duty — Score: 50%
  • Federal Bank Q4: What Highest Ever Quarterly Net Profit Means For Investors — Score: 50%
  • TMC Releases Alleged EVM Tampering Video, Blames BJP & EC Over Alleged Tampering — Score: 50%
  • Blackstone-Backed Bagmane Prime Office REIT Opens IPO: What Can Investors Expect — Score: 50%
  • Mamata's EVM Showdown In Kolkata | TMC Alleges Poll Manipulation | West Bengal Exit Poll Results — Score: 50%