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

Fiscal deficit at Rs 5.64 lakh crore during April-Jan

Govt data showed fiscal deficit was 105.7 per cent of budgeted target for fiscal year ending in March 2017.

28 Feb 2017 5:43 PM IST

International Monetary Fund

IMF says Indian economy in 'fairly good shape'

According to senior official from IMF Indian economy is likely to be less affected.

24 Feb 2017 1:50 PM IST

Moodys is a global rating agency

Moody's says India to be fastest growing economy

Rating agency said that India is the the fastest growing economy among G-20 countries.

24 Feb 2017 12:55 PM IST

Prime Minister Narendra Modi addresses the St. Petersburg International Economic Forum in St.Petersburg. (Photo: AP)

Stressed balance sheets cast cloud over India rebound

Private capital investments contracted 2.1 per cent in first three months of this year despite surge in govt spending.

9 Jun 2017 9:25 AM IST

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India growth unchanged at 7.1 per cent in 2017-18:HSBC

According to the global financial services major HSBC, output gap in the country is likely to remain negative for longer...

8 Jun 2017 3:57 PM IST

Finance Minister Arun Jaitley

India to grow at 7.7 per cent in 2018, says Arun Jaitley

Finance Minister says NDB will emerge as a development bank and help in funding of emerging economies.

1 April 2017 12:27 PM IST

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GST ready to rollout; small Indian businesses unprepared

India's biggest indirect tax reform is taking a toll on millions of small businesses as they grapple with the...

28 Jun 2017 12:57 PM IST

Union Tourism and Culture Minister Mahesh Sharma. (Photo: PTI/File)

Govt touts cruise tourism as a 'game changer' in forex, jobs in India

The government intends to promote cruise shipping and tourism in a big way through the coordination of Shipping and...

27 Jun 2017 4:29 PM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India records impressive growth in recent years: IMF

According to top official India's impressive growth makes room for tax broadening efforts by the government.

20 April 2017 3:04 PM IST

Economic growth rate may not reflect impact of demonetisation

Economic growth rate may not reflect impact of demonetisation

Arvind Subramanium says demonetisation impact may take a few months to assess.

19 April 2017 1:38 PM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch cuts India's GDP forecast to 6.7 per cent for FY18

It said FY19 forecast has been cut to 7.3 per cent from 7.4 per cent.

5 Dec 2017 12:54 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Fitch cuts India's GDP growth forecast for current fiscal year to 6.7...

It also cut GDP growth forecast for 2018-19 fiscal year to 7.3 per cent from 7.4 per cent predicted in its Sept Global...

4 Dec 2017 8:56 PM IST