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Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%

Government sources said that the unconditional borrowing limit for states could be raised by ano…

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Montek calls for rewriting of FRBM Act, PPP law to tap finances

In the changing scenario in view of rising finance needs and fiscal limitation of states, rewriti…

PTI   


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Extend lockdown by 2 weeks, increase FRBM limit: Telangana CM

"Lockdown has helped in containing the spread of Corona(coronavirus) to a great level. It is better…

PTI   


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DMK vows to repeal CAA if INDIA bloc is voted to power

Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…

PTI   


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Budget to boost confidence of global investors and rating agencies on the India story

The Union Budget of India for the year 2023-24 has been released. The budget is focused on boosting…

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

New Delhi, Feb 1 () The government on Saturday raised fiscal deficit target to 3.8 per cent of the …

PTI   


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Telangana CM Rao attacks Centre over stimulus package; MoS Kishan Reddy joins issue

At a time when the finances of states were paralysed due to COVID-19 global pandemic, the state gov…

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LS-BUD-LD FM

"So there is a steady growth and therefore negativegrowth, which it showed in September and October…

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Budget unlikely to have much inflationary impact: Das

"The good part of the government borrowing is also budgeted to come from small savings. Therefore,…

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Govt needs to chart out fresh glide path to bring down fiscal deficit: RBI bulletin

"This could be further impacted adversely by COVID-19 related macroeconomic effects in 2020-21, esp…

PTI   


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Cut corporate tax rate to 15 pc; provide more disposable income: CII to govt on Budget

New Delhi, Dec 6 () Industry chamber CII on Friday suggested that the government should reduce pers…

PTI   


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India growth may fall to 2.1pc in FY21 due to coronavirus impact, says expert

Jadhav also highlighted a host of policy measures that the government should take in these times i…

PTI   


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Credit growth momentum picking up; Budget proposals not to stoke inflation, says Das

"Credit limit has been expanded. I am sure it is based on local ground level requirement...we expe…

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COVID-19: India needs large fiscal stimulus, says Basu

"...We do need a large fiscal stimulus. India has the FRBM Act, 2003, for fiscal management and to …

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RBI Governor says no reason to doubt govt will meet fiscal deficit targets

Sitharaman's second budget contains some measures which may support GDP growth in the medium-term,…

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Bankers say balanced budget to spur growth, draw in investment

Mumbai, Feb 1 () Bankers said the Union Budget is a balanced one as it maintains fiscal prudence fo…

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Fiscal deficit touches 135.2 pc of budget estimate at Feb-end: CGA

The government had earlier estimated the fiscal deficit to be at 3.3 per cent of the GDP for 2019-…

PTI   


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India leaves borrowing calendar unchanged — sticks to its ₹12 lakh crore target for the year

"We have decided to continue with the same figure of ₹12 trillion for the total year. Which mean…

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Govt needs to pump economy to arrest slowdown: Ficci

New Delhi, Jan 14 () New Ficci President Sangita Reddy on Tuesday urged the government not to worry…

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Govt pegs net market borrowing at Rs 5.36 lakh crore for FY21

New Delhi, Feb 1 () The government will borrow Rs 5.36 lakh crore from the market in 2020-21, margi…

PTI