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Centre's fiscal deficit at Aug-end touches 36% of full-year target: CGA

The Centre's fiscal deficit in the first five months of 2023-24 touched 36 per cent of the full-yea…

PTI   


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India's fiscal deficit at almost 40% of annual target in first half of FY24

The Indian government's fiscal deficit touched 39.3% of the full year target in the first half of t…

PTI   


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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts

The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …

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4 mins read

S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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6 mins read

'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …

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3 mins read

Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal

Stating that the country's external balances are stronger than expected on the back of strong inflo…

PTI   


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Morgan Stanley expects Budget to focus on road map for 'Viksit Bharat'

Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23, which will be the…

PTI   


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Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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Confident of achieving 13,814-km highway construction target this fiscal: Road secy

The Ministry of Road Transport and Highways (MoRTH) is confident of achieving the highways construc…

PTI   


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India's Apr-Jun quarter exports cross $200 bln, government optimistic of reaching $800 bln annual target

India's exports in the first quarter of 2024-25 (April-June) crossed the $200 billion mark and the …

ANI   


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The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers

While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …

Filip De Mott   


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Centre's fiscal deficit at 11.8 pc of full year target: CGA data

The central government's fiscal deficit for the financial year 2023-24 is currently at 11.8% of the…

PTI   


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India's Apr-Nov fiscal deficit widens to 58.9% of 2022-23 target

India's fiscal deficit stood at Rs 9.78 lakh crore in the April-November period of 2022-23, which i…

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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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Interim Budget hikes outlay on big infra projects to Rs 11.1 lakh crore, cuts fiscal deficit to 5.1% of GDP

Finance Minister Nirmala Sitharaman decided to stick to the path of fiscal consolidation path as sh…

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India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data

India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…

PTI   


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India stands to gain as crude oil prices fall to 4-month low

With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…

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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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Centre's fiscal deficit for 2022-23 at 6.4% of GDP: CGA data

The fiscal deficit for 2022-23 worked out to be 6.4 per cent of the gross domestic product (GDP), a…

PTI