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Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Dip in revenues may widen fiscal gap to 3.5 per cent in FY19: report

Total revenues and expenditure of the govt, will come at Rs 6.67 lakh cr as against the budgeted Rs 6.24 lakh cr.

26 Nov 2018 2:16 PM IST

P Chidambaram said, privacy was at the core of personal liberty and an inalienable part of life itself. (Photo: PTI)

Govt determined to 'capture' RBI's Rs 9 lakh crore reserves: P...

'November 19 will be a day of reckoning for central bank independence and the Indian economy,' Chidamabram said.

18 Nov 2018 12:33 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Govt says not seeking massive reserve transfer from RBI, in talks for...

9 Nov 2018 6:06 PM IST

Subhash Chandra Garg

Govt not seeking Rs 3.6 lakh cr from RBI: DEA Secretary

Fiscal deficit target of 3.3 per cent for the current financial year ending March 31, 2019.

9 Nov 2018 2:02 PM IST

Prime Minister Narendra Modi. (Photo: Twitter | ANI)

Why PM Modi wants to increase control over the RBI

Govt has made repeated calls for RBI to hand over more money from the RBI's reserves to help fund its fiscal deficit.

2 Nov 2018 10:42 AM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Market cap, GDP to reach USD 6 trillion in 10 years: Morgan Stanley

India's GDP is up 10-fold and equity market cap is up 22 times in the last 25 years.

1 Nov 2018 10:42 AM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Expectations from India's 2018-19 budget

Government is widely expected to increase spending to ensure growth recaptures momentum.

30 Jan 2018 12:51 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Go slow on deficit cap: Survey

Cautions FM against setting ambitious targets for fiscal consolidation on optimistic forecasts ahead of polls

30 Jan 2018 12:40 AM IST

Union Finance Minister Arun Jaitley in the Rajya Sabha. (Photo: PTI/File)

GDP growth to pick up to 7-7.5 pc in 2018-19: Key highlights of...

Arun Jaitley's annual budget forecast that economic management will be challenging in the coming year.

29 Jan 2018 5:06 PM IST

Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance...

Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.

24 Jan 2018 5:35 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's fiscal deficit may widen to 3.5 pc in FY19: report

Indian economy is expected to remain on a recovery path, and is likely to improve to 7.5 per cent in 2018-19.

22 Jan 2018 10:57 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India Ratings projects economic growth at 7.1 pc next fiscal

Ind-Ra expects retail and wholesale inflation to come in at 4.6 per cent and 4.4 per cent.

18 Jan 2018 3:40 PM IST