April-June fiscal deficit at 51.6% of Budget estimates
The fiscal deficit in the first three months of current fiscal stood at Rs 2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.
Aug 01, 2015, 00:32 AM IST
India's GDP growth will be 7.5% this year: Jaitley
Noting that India is emerging as one of the fastest growing economies, Finance Minister Arun Jaitley has said that this year the GDP growth rate will be 7.5 percent and next year hopefully it would be higher.
Mar 14, 2015, 14:06 PM IST
Cabinet likely to consider sale of stake in Indian Oil today
CCEA will discuss the possible sale of a 10 percent stake in Indian Oil Corp as the government finds ways to meet its fiscal deficit target.
Jan 21, 2015, 09:23 AM IST
Election result was a great mood changer; restarting growth cycle top agenda: Jaitley
Exuding confidence over the prospects of further growth of India's economy, Finance Minister Arun Jaitley on Saturday said that the mood of the country changed when the election results were announced.
Aug 30, 2014, 15:52 PM IST
Spending cut may not adversely impact growth: Goldman Sachs
Experts have for long been arguing about a possible re-allocation of resources for capital spending rather than current spending, to boost the growth.
Aug 06, 2014, 22:12 PM IST
Arun Jaitley promises to narrow fiscal deficit to 4.1%
Jaitley hoped that RBI might cut rates as inflation shows stable slowing down.
Aug 01, 2014, 12:31 PM IST
India's April-June fiscal deficit stands at $49.2 billion
The deficit was 48.4 percent during the comparable period in the previous fiscal year.
Jul 31, 2014, 17:49 PM IST
High fiscal deficit exposing India to shocks: Moody's
India's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure, Moody's said.
Jun 19, 2014, 11:10 AM IST
