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RBI FISCAL GAP
RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
India in multi quarter growth upcycle, says Morgan Stanley; sees Sensex at 89,000 by June 2027Morgan Stanley sees India entering a multi-quarter growth upcycle, supported by improving investments, monetary policy and domestic demand....
The road less paved: India’s cities have a governance problemAs key contributors to national economic growth, Indian cities face challenges in governance due to unfulfilled promises of devolving power...
India’s current account deficit widens to $4.2 billion in Q1 FY27India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...
India bonds rise as oil shrugs off US sanctions concernsOn Tuesday, Indian government bonds experienced a positive turn as oil prices fell sharply, reducing inflation worries among investors. The...
Delayed, Not Denied: India’s BGAI entry waits on market accessIndia’s potential inclusion in the Bloomberg Global Aggregate Bond Index remains delayed, not denied, with operational accessibility the ke...
Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
BIS to scale up silver hallmarking testing as buyers shift from costly goldThe Bureau of Indian Standards is expanding silver jewellery testing capacity. This move comes as demand for silver increases due to rising...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
Bank credit growth at two-year high at 18.6% as debt market turns costlierBank credit expanded significantly in the fortnight ending June 30. Deposit growth also showed a healthy increase during the same period. T...
Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
India's April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aimIndia's fiscal deficit for April to June, or the first three months of this fiscal year, was at 1.36 lakh crore rupees, equivalent to 8.1% ...
Budget Basics: What do the big numbers in the Budget actually mean?Budget 2024: The most important numbers in the Union budget are the budget size, capital expenditure, fiscal deficit, nominal GDP growth, a...
RBI dividends to Modi’s government may double, aiding fiscal gapThe Reserve Bank of India may decide to nearly double its dividend to the government from official estimates due to revaluation gains and p...
Centre, states need to step up fiscal support: RBI paperPublic investment in healthcare, social housing, education and environmental protection is the need of the hour to build a more resilient a...
RBI should act as lender of last resort, provide liquidity to NBFCs: SBIIn its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs against the assets h...
- Reserve Bank of India Governor D Subbarao says tight monetary stance to offset fiscal slackness
Reserve Bank of India (RBI) Governor D Subbarao has said the central bank's tight monetary stance is directed towards offsetting fiscal sla...