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

Govt will be forced to slash spending this year too: Crisil

GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.

16 Nov 2019 10:43 AM IST

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

Fitch raises India's FY20 fiscal deficit forecast to 3.6 pc of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

6 Nov 2019 12:20 PM IST

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.

Here's what to expect from 2019-2020 interim budget

The government is expected to project economic growth of around 7.5 per cent for the next financial year.

31 Jan 2019 2:16 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch warns of fiscal slippage if govt goes for populist interim...

Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.

31 Jan 2019 12:51 PM IST

Nearly 77.28 lakh farmers have applied for a waiver.

Govt may hold back Q4 fertiliser subsidy to meet fiscal deficit goal

The subsidy payment through special banking arrangement attracts interest liability for the government.

31 Jan 2019 10:10 AM IST

In FY18, the government had completed the scheduled borrowing of Rs 1.02 lakh crore through Small Savings Scheme). (Representational image)

Centre likely to stick to FY20 fiscal target

We expect a cut in capital expenditure by Rs 50,000 crore and postponing Rs 30,000 crore of revenue expenditure to the...

31 Jan 2019 7:27 AM IST

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

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

Prime Minister Narendra Modi at an election campaign rally in Hyderabad. (Photo: AP)

PM Modi to appease voters, put reforms aside in pre-election budget

Govt embarks on measures to stimulate the economy by additional spending and cutting taxes to woo voters.

29 Jan 2019 9:28 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI making u-turn, seen shifting to neutral in Feb, cutting rates by...

The RBI's mandate is to control price pressures, which historically have been difficult to tame in India.

24 Jan 2019 10:49 AM IST

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Jaitley to address RBI board on Monday

The meeting, according to sources, will take a call on the interim dividend to be paid to the government during the...

17 Feb 2019 1:30 PM IST

Economic Affairs Secretary Shaktikanta Das

It's govt right to demand interim dividend and use it the way its...

Payment of surplus or interim dividend to the government is a part of the RBI Act, says RBI Governor.

7 Feb 2019 4:45 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI board meeting deferred to February 18

The RBI board is going to take up request of the govt for payment of interim dividend for the current financial year.

6 Feb 2019 4:03 PM IST