India's public debt position comfortable: Finance Minister Arun Jaitley"The Average Interest Cost, which is stable & well below nominal GDP growth rate, indicates that India is comfortably placed," he said.
- A reality check on the credit profile of states
Fitch Ratings has made a small beginning, profiling two southern states – Karnataka and Tamil Nadu. The two states have a better record on ...
- Growth, subsidy control key to achieving TN’s fiscal targets- Fitch Ratings
Fitch said while the state’s credit quality benefits from its improving fiscal situation, "fiscal profligacy" (untargeted subsidies) withou...
- Karnataka eyes Rs 2,800 cr from sale of govt land
Karnataka expects to mobilise Rs 2,800 crore from sale of government land and Rs 1,000 crore from royalty on minerals in the coming financi...
- 'Incentives for fund transfers new this time'
Indira Rajaraman, member of the commission, decodes the report and details what it has it on store for the nation.