Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years
05 Feb 2019 12:14 PM
A 25 basis point rate cut by mid-2019 is to be expected.
05 Feb 2019 10:53 AM
The govt has pegged the fiscal deficit for the next financial year at 3.4 per cent of GDP, as against the original target of 3.1 per cent.
03 Feb 2019 6:04 PM
Economic Affairs Secretary Subhash Chandra Garg stated that FY2018-19 will end with a fiscal deficit of 3.3 per cent of GDP.
02 Feb 2019 6:03 PM
The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.
02 Feb 2019 1:29 PM
Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.
02 Feb 2019 12:17 PM
Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.
01 Feb 2019 6:27 PM
Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.
01 Feb 2019 4:39 PM
Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.
01 Feb 2019 12:39 PM
Goyal said during the previous UPA government (2009-14), inflation averaged as high as 10.1 per cent.
01 Feb 2019 12:12 PM
A full-fledged Budget will be presented in Parliament once the new Central government is formed after the General Elections.
01 Feb 2019 11:20 AM
Govt is set to step up rural welfare spending by 16 per cent for the fiscal year beginning April to 1.3 trillion rupees.
01 Feb 2019 9:33 AM
The government is expected to project economic growth of around 7.5 per cent for the next financial year.
31 Jan 2019 2:16 PM
Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.
31 Jan 2019 12:51 PM
The subsidy payment through special banking arrangement attracts interest liability for the government.
31 Jan 2019 10:10 AM
“We expect a cut in capital expenditure by Rs 50,000 crore and postponing Rs 30,000 crore of revenue expenditure to the next year,” it said.
31 Jan 2019 7:27 AM
As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.
30 Jan 2019 10:30 AM
Govt embarks on measures to stimulate the economy by additional spending and cutting taxes to woo voters.
29 Jan 2019 9:28 AM
The RBI’s mandate is to control price pressures, which historically have been difficult to tame in India.
24 Jan 2019 10:49 AM
The RBI was maintaining a reserve of 28 per cent.
31 Dec 2018 5:57 PM