Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being targeted at 3.5 pc.
11 Feb 2020 10:03 AM
This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of public funds.
01 Feb 2020 2:48 PM
India’s committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal year.
24 Jan 2020 10:50 AM
The RBI was forecast to next cut rates by 25 basis points to 4.90 per cent in the October-December quarter.
23 Jan 2020 1:14 PM
Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.
04 Jan 2020 12:29 PM
The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.
29 Nov 2019 7:41 PM
GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.
16 Nov 2019 10:43 AM
The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.
06 Nov 2019 12:20 PM
Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.
23 Sep 2019 10:58 AM
The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.
30 Aug 2019 4:23 PM
The deficit increased to 8.9 per cent of Pakistan's gross domestic product in the year that ended in June.
28 Aug 2019 10:50 AM
The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.
27 Aug 2019 2:05 PM
The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.
24 Aug 2019 12:03 PM
According to the Forbes magazine, the number of billionaires in India is increasing.
23 Aug 2019 11:36 AM
Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.
14 Aug 2019 12:19 PM
As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.
01 Aug 2019 10:11 AM
She said that the amount of money spent on central government schemes was higher two years after the implementation of GST.
10 Jul 2019 4:45 PM
Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.
08 Jul 2019 12:21 PM
In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.
07 Jul 2019 6:00 PM
In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.
06 Jul 2019 12:24 PM