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Moody’s expects India to stick to estimated fiscal deficit of 3.3% of GDP

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(G.N.S) Dt. 07 New York Moody’s Investors Service today said it expects India to stick to the estimated fiscal deficit of 3.3 per cent of GDP and even cut capital expenditure to offset any slippage from the budgeted target. It however said any reduction in the excise duty on petroleum

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