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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.

Loosen fiscal deficit target, increase public spending: CII

The suggestions come against the backdrop of GDP growth hitting a three-year low of 5.7 per cent in the June quarter.

22 Sept 2017 6:06 PM IST

The government has tasked taxmen with bringing half the 6 crore private businesses in India in the GST net. Photo: PTI

India eyes spending cuts as glitches in GST hit revenue

Economic growth, could take a further hit if the public spending that largely underpinned expansion were to be slashed.

18 Sept 2017 8:22 PM IST

Finance Minister Arun Jaitley speaks in the Rajya Sabha in New Delhi. (Photo: AP)

Govt spending rises 27 per cent in Q1 due to budget advancement:...

Previously when budget got approved in mid-May, spending would start only in second quarter unlike in 2017.

8 Aug 2017 8:23 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Govt seeks parliament nod for Rs 10,650 cr extra spending

Additional expenditure includes Rs 700 cr for oil ministry and Rs 500 for price stabilisation fund.

26 July 2017 3:06 PM IST