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Finance Ministry

PMO asks FinMin to conduct detailed study on issuance of overseas...

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

26 July 2019 9:11 AM IST

Singapores DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

Govt may cap overseas borrowing at USD 5 billion this year: Report

DBS Bank suggested hiking the cap on foreign funds' investment in domestic debt is a better option.

17 July 2019 3:29 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to start raising part of its gross borrowings from external...

The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.

5 July 2019 3:49 PM IST

Senior Congress leader P Chidambaram said government did not buy 90 more aircraft needed by Air Force and paid Rs 186 crore more to Dassault for 13 India-specific enhancements in the MMRCA. (Photo: ANI)

Economic Survey: Chidambaram says govt appears to be pessimistic about...

There are no growth projections sector wise,' P Chidambaram said.

4 July 2019 4:12 PM IST

Total liabilities of the central government at end-March 2019 stood at Rs 84.7 lakh crore of which 90 per cent was public debt. (Photo: Twiter | @PIB_India)

Economic Survey: Centre and states on the path of fiscal consolidation

Despite several headwinds, Indian economy is expected to grow at 6.8pc in 2018-19 while maintaining macro-economic...

4 July 2019 3:16 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Economic growth high on agenda of govt,' says Nirmala Sitharaman

Finance Minister Sitharaman said in the last quarter, there could have been a fall and steps have been taken to improve...

3 July 2019 8:55 AM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)

No study on effect of note-ban: FM Nirmala Sitharaman

This was disclosed by Finance Minister Nirmala Sitharaman in reply to a question by Congress member Digvijaya Singh in...

2 July 2019 7:53 PM IST

Priyanka Gandhi Vadra, Congress general secretary for Uttar Pradesh East. (Photo: ANI)

BJP who trumpets good days has deflated the economy: Priyanka Gandhi

Congress on Friday said that the latest GDP figures which show growth rate at 5 per cent were 'dismal and...

31 Aug 2019 12:06 PM IST

Reserve Bank of India (RBI)

RBI plays white knight to cash-strapped govt

The FD target for FY 2019-20 is an unreachable 2.85 per cent of GDP.

31 Aug 2019 12:06 AM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

India's economic growth at 6-yr-low with GDP growth at 5pc in June...

Slowdown attributed to dull performance to low consumption, delayed monsoon, rising global trade tensions affecting...

30 Aug 2019 7:33 PM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Economic growth seen slipping in April-June, more stimulus expected

Slowdown has been driven by a fall in household savings and banks' increased bad loans, which has hit private...

29 Aug 2019 3:04 PM IST

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan. (Photo: AP)

As Imran completes a yr in power, Pak's fiscal deficit on 3-decade...

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 IST