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For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Here's what to expect from 2019-2020 interim budget

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 IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch warns of fiscal slippage if govt goes for populist interim...

Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.

31 Jan 2019 12:51 PM IST

In FY18, the government had completed the scheduled borrowing of Rs 1.02 lakh crore through Small Savings Scheme). (Representational image)

Centre likely to stick to FY20 fiscal target

We expect a cut in capital expenditure by Rs 50,000 crore and postponing Rs 30,000 crore of revenue expenditure to the...

31 Jan 2019 7:27 AM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Basic income support to cost at least Rs 1.5 trillion to the nation

The support would cost the Centre Rs 14.68 trillion or (0.70 per cent of GDP)

29 Jan 2019 4:11 PM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India's GDP to grow at 7.3 per cent in 2018-19: World Bank

The World Bank said India will continue to be the fastest growing major economy in the world.

9 Jan 2019 8:55 AM IST

The CPSE ETF comprises of 10 Maharatnas and Navratnas, with a firm focus on the energy sector. The Bharat 22 ETF is a lot more diversified, with 22 stocks from six sectors. In both funds, the majority of the underlying stocks are among the biggest corporate entities of India.

Over dozen CPSEs evince interest in raising funds via debt ETF next...

As many as 10-15 CPSEs have shown interest to try the debt ETF route for fund raising in next fiscal.

1 Jan 2019 10:58 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

Increasing exports can lead to better jobs, higher wages in India:...

India grew at a rate of 7.2 per cent in 2017, at the same time reducing the number of people living in poverty.

28 Feb 2019 3:43 PM IST

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

India's economy seen losing momentum ahead of election

Economic growth could suffer from a possible slowdown in state spending in the two months before the election.

27 Feb 2019 4:52 PM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Consumer market to treble by 2028 to Rs 335 trillion: report

The consumer market was around Rs 110 lakh crore in 2018, clipping past 13 percent annually.

26 Feb 2019 3:23 PM IST

deputy chief minister Manish Sisodia

Delhi's per capita income three times the national average: Economic...

Delhi's per capita income in 2018-19 was pegged at Rs 3,65,529.

23 Feb 2019 5:25 PM IST

Prime Minister Narendra Modi

PM sees India as USD 10-trillion economy with countless startups

Modi said his government inherited an economy in complete policy paralysis, plagued by runaway inflation and rising...

23 Feb 2019 11:31 AM IST

GDP stands for Gross Domestic Product.

Debt-to-GDP level touches record high

Debt intensity stood at 1.1 times in FY18exactly the average of the highest and lowest levels over the past 15 years,...

23 Feb 2019 1:52 AM IST