Yashwant Sinha, the Economy of India and the Bharatiya Janata Party
And this is not the first time someone is pointing to the imminent crisis — an economic slowdown is not Lord Voldermort’s name that can’t be uttered. It needs to be identified and dealt with.
Sep 28, 2017, 16:55 PM IST
'CAD likely at 1.5% of GDP in 2017; funding not a constraint'
Nomura expects current account deficit likely at 1.5 per cent of GDP in 2017 but noted that funding will not be a constraint.
Sep 18, 2017, 11:27 AM IST
Farm loan waiver may push inflation by 0.2%: RBI paper
Farm loan waiver amounting to Rs 88,000 crore likely to be released in 2017-18 by seven states, including Uttar Pradesh and Maharashtra, may push inflation on permanent basis by 0.2 per cent, says a RBI paper.
Sep 12, 2017, 00:06 AM IST
Higher tax mop-up has 12 states in Rs 4000 crore fiscal surplus in Q1
These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domestic rating agency Icra.
Sep 05, 2017, 18:57 PM IST
India's April-June fiscal deficit hits 81 percent of full-year target: Govt
India`s fiscal deficit touched 4.42 trillion rupees ($68.88 billion) during April-June period or 80.8 percent of the budgeted target for the current fiscal year that ends in March, government data showed on Monday.
Jul 31, 2017, 18:26 PM IST
Govt rules out farm loan waivers; will stick to fiscal targets
Finance Minister Arun Jaitley on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets.
Jun 20, 2017, 13:57 PM IST
India will clock over 7.5% growth in 2017-18: Finance Secy Ashok Lavasa
India can clock a GDP growth of over 7.5 percent in the fiscal 2017-18 and the country's macro-economic fundamentals, including fiscal deficit and inflation, are all "very sound", according to Finance Secretary Ashok Lavasa.
May 12, 2017, 12:18 PM IST
Govt to meet 3.5% fiscal deficit target for FY17: CGA
The government is confident of achieving the fiscal deficit target of 3.5 percent for 2016- 17, the newly appointed Controller General of Accounts (CGA), Anthony Lianzuala, said on Monday.
May 01, 2017, 16:50 PM IST
Govt to borrow Rs 3.72 lakh crore in Apr-Sept
The government will borrow from markets about Rs 3.72 lakh crore in the first half of next fiscal beginning April which is 64 percent of the borrowing target for full financial year.
Mar 28, 2017, 20:43 PM IST
Fiscal deficit hits 94% of budget estimate in April-December
Fiscal deficit in the first nine months of 2016-17 touched 93.9 percent of the Budget target against 87.9 percent for the same period a year ago.
Jan 31, 2017, 17:25 PM IST
Fiscal deficit target of 3% for 2017-18 stiff at this juncture: Crisil
Fiscal deficit target of 3 per cent for 2017-18 looks difficult as the debt dynamics of the country show "stickiness", rating agency Crisil said on Saturday.
Jan 28, 2017, 19:52 PM IST
Budget 2017: A Detailed Overview of Economy
The economy under Modi's leadership has seen a major improvement in the past ten months on several fronts; however, certain hiccups are still there which will take time to sort out.
Jan 17, 2017, 15:31 PM IST
Finance Minister to target fiscal deficit of 3.5% of GDP in FY18: BofA-ML
The ensuing budget is likely to fix a fiscal deficit target of 3.5 percent of GDP in 2017-18, relaxing the 3 percent target earlier in order to support growth, says a report.
Jan 06, 2017, 14:19 PM IST
India may clock GVA growth of 6.6% in 2016-17: Icra
India's gross value added growth is likely to be at 6.6 percent in 2016-17 as economic activity will take more time to normalise following the government's move to demonetise high-value notes, Icra has said.
Dec 25, 2016, 23:15 PM IST
Digital payments will help lower fiscal deficit: Jaitley
Finance Minister Arun Jaitley on Saturday expressed hope that demonetisation will help increase government revenue and lower fiscal deficit, leading to higher expenditure on defence and rural infrastructure.
Dec 25, 2016, 23:08 PM IST
Fiscal deficit in April-October at 79.3% of full year estimate
India's fiscal deficit during the seven months to October was Rs 4.24 trillion (USD 61.91 billion), or 79.3 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Wednesday.
Nov 30, 2016, 16:30 PM IST
'Govt likely to meet next financial year's 3% fiscal deficit target'
Government is expected to meet its fiscal deficit target of 3 percent for the next financial year on account of additional revenue from penalty on black money and deposits under the income disclosure, says a report.
Nov 29, 2016, 14:26 PM IST
Government raises $314 million from share sale in L&T
India has raised 21 billion rupees ($314 million) from a stake sale in engineering group Larsen & Toubro Ltd , IFR reported on Friday, citing two sources close to the transaction.
Nov 04, 2016, 13:29 PM IST
Fiscal deficit at 76.4% of Budget estimate in Apr-Aug
Fiscal deficit in the first five months of the current fiscal stood at Rs 4.08 lakh crore, which was 76.4 per cent of Budget estimates for 2016-17.
Sep 30, 2016, 19:30 PM IST
Finance Ministry to pitch for ratings upgrade with Moody's
The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.
Sep 19, 2016, 23:00 PM IST
