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Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 5:43 AM GMT

Economic Affairs Secretary Subhash Garg. (Photo: ANI)

GST have been biggest growth contributors: Subhash Garg

Government is unlikely to overshoot its target of 3.2 per cent fiscal deficit at the end of the current fiscal year.

24 Oct 2017 2:23 PM GMT

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Fiscal deficit of 3.2 per cent seems not difficult in FY18: SBI report

The report also noted that the government will able to meet the disinvestment target for the first time since 2009-10.

23 Oct 2017 5:40 AM GMT

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

India likely to maintain 3.2 per cent fiscal deficit target: Surjit...

EAC member Surjit Bhalla said the government could accelerate sales of its stakes in banks and other companies.

17 Oct 2017 9:20 AM GMT

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

UBS sees 0.5 per cent fiscal slippage on stimulus, lower revenues

RBI had also warned against any slippages in the fiscal math as it will stoke inflation and also hurt the macroeconomic...

13 Oct 2017 10:14 AM GMT

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

UBS sees 0.5 per cent fiscal slippage on stimulus, lower revenues

As of August, the government has already touched 96.1 per cent of its full year fiscal deficit.

13 Oct 2017 9:39 AM GMT

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Stimulus, farm loan waiver to push up fiscal deficit by 1 per cent:...

Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.

4 Oct 2017 11:57 AM GMT

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Intend to move on track on fiscal deficit glide path: Jaitley

Government has budgeted to bring down fiscal deficit to 3.2 per cent of GDP in 2017-18.

30 Nov 2017 12:10 PM GMT

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Fiscal deficit hits 96 per cent of India's total budget estimate in...

India's fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo:...

30 Nov 2017 9:57 AM GMT

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: PTI/Representational)

Divestment plan, GST to reduce government's fiscal woes

The report said the government's divestment strategy has a potential to generate Rs 1 trillion.

27 Nov 2017 2:04 PM GMT

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Fiscal deficit touches 96.1 pc of budget estimate at Aug-end

Government aims to bring down the fiscal deficit to 3.2 per cent of the GDP.

29 Sep 2017 1:34 PM GMT

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

Fiscal deficit at 96 per cent of full-year target in Aug

The deficit was 76.4 per cent of full-year target during same period a year ago.

29 Sep 2017 12:15 PM GMT