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Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

India bonds at three-week high, rupee gains after RBI payout to govt

The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.

27 Aug 2019 2:05 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Govt announces raft of measures to boost economy; more steps on anvil

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 IST

Infosys co-founder Narayana Murthy (Photo: PTI)

India's fiscal scene has never been better in 300 years: Narayana...

According to the Forbes magazine, the number of billionaires in India is increasing.

23 Aug 2019 11:36 AM IST

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

India's bond rally fizzles on government spending fears

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 IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI capital transfer: Jalan panel likely to get extension to finalise...

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

1 Aug 2019 10:11 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM 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.

Govt likely to fund some USD 28 bn of expenditure via off-budget...

India's committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal...

24 Jan 2020 10:50 AM IST

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI to hold rates on inflation concerns, fiscal boost likely: report

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 IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Indian bonds gain as RBI widens special open market operation

Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.

4 Jan 2020 12:29 PM IST

Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)

Economy close to collapse, fear in country: Chidambaram

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...

11 Feb 2020 10:03 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 2:48 PM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST