The debt ceiling concept came into being in 1917, formally meaning that the total debt of the government cannot exceed a certain amount, an...

The new rules should apply not just to fiscal deficits but to total debt as well. All debt accumulated through off-budget means must be add...

A target for reducing the interest-to-receipts ratio to 33% is easier for the public to grasp — interest on old debts should not exceed one...

As part of his measures to revive the economy, he sought transferring cash to the poorest 50 per cent of families, offering them foodgrains...

The Covid-19 crisis means India’s GDP will crash this year by anywhere from 5% to 10%. Government revenues are collapsing, while emergency ...

State-run Power Finance Corp and REC Ltd will offer medium-term concessional loans with two-year moratorium to state electricity distributi...

The Andhra Pradesh chief secretary on Wednesday issued orders cancelling projects awarded before April 1.

Adopt fiscal deficit as the key operational target consistent with achieving the medium-term debt ceiling, said the report of the panel.

So I would say that from the viewpoint interlinked to the market that government would act fiscally in a prudent responsible way, he said.

The Lok Sabha has amended the Income Tax Act to provide for higher tax and penalty on such undisclosed income. The Bill is pending in the R...

Adoption of a fiscal deficit target range before achieving the 3 per cent goal will be considered as a "shallower path" in the fiscal conso...

The finance ministry today said the government will set up a panel in a month to look into the feasibility of setting a range for fiscal de...

As per the fiscal consolidation road map of the government, fiscal deficit is to be brought down to 3.9 per cent of GDP in 2015-16 and furt...

Andhra Pradesh chief minister N Kiran Kumar Reddy said the state was committed to achieve 9-9.5% growth for the next five year plan that st...

The Commission had said the average economic growth during the current plan period (2007-12) was likely to remain 8.2% against a target of ...

The government has chosen to count the reverse transfer of its payout to RBI for purchase of State Bank of India shares as a capital receip...

The government chose to count the transfer back to the government of its payout to RBI for purchase of State Bank of India shares as a capi...