Punjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...

Holding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...

What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...

India’s state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fi...

Punjab Finance Minister Harpal Singh Cheema presented a Rs 1.96 lakh crore budget for 2023-24 on Friday. The budget has a focus on agricult...

In order to provide relief to the states on account of lower tax devolution during 2019-20, and in view of the hardships being faced by the...

Badal sought to address farm distress with a tranche of Rs 4,250 crore for debt relief scheme and Rs 8,950 crore for subsidised power to fa...

The combined fiscal deficit of the states--Uttar Pradesh, Punjab, Maharashtra, Rajasthan and Karnataka--for FY18 has been budgeted at 2.7% ...

With combined deficit of 6 per cent, fiscal stance is hardly tight, says Urjit Patel.

“The state and central govt’s accounts combined, given that is already in the region of 6% of GDP, the national fiscal stance can hardly be...

These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domes...

The state has also been among the largest borrowers this facility, notes a report by ratings firm India Ratings.

In a chat with ET Now, Kanchan Jain, CEO & Principal Managing Partner, Religare Credit Advisors LLP, says everbody is waiting for the budge...

With Punjab demanding revenue deficit grant, Minister of State for Finance Jayant Sinha has said that the special status to any state has b...

Dhindsa further said a sum of Rs 50 crore has been allocated to PSIDC for financing new industrial projects by way of either equity or loan.

Despite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...

A CRR cut would add to lendable resources of banks and reduce their cost of funds thereby giving a downward push to interest rates.