Larsen & Toubro advises the Indian government to maintain capital expenditure, even if it means a wider fiscal deficit. The company suggest...

Finance Minister Nirmala Sitharaman emphasized the significance of capital expenditure and maintaining economic growth momentum as the key ...

The biggest positive in the interim budget was the fiscal discipline displayed by capping the fiscal deficit for 2024-25 at 5.1%. The fact ...

In a surprise move, the Reserve Bank of India (RBI) had earlier this month raised the repo rate by 0.4 percentage point to 4.4% to tame run...

"Risks to India's economic outlook are still skewed towards the downside," it said, estimating the growth to slow to 7.8 per cent in FY23 f...

The additional borrowing options would push state fiscal deficits to 4.25-5.52% of gross state domestic product (GSDP).

The state was able to collect GST revenue of Rs 15030 crore till December 2019, in the place of Rs 28416 crore applying 14% growth rate tak...

Icra expects that the slowdown in the receipts of State Governments amidst sticky expenditures could result in cash flow mismatches.

State-owned ONGC will cut down expense on travel, advertisements and sponsorships as well as 5-star meetings as it initiates cost controls.

States could bear the brunt of Centre’s policies such as National Food Security Act, a Reserve Bank of India study on the finances of state...

The budget quite realistic and so it is in keeping with the stable outlook on the Baa3 rating on India, says Atsi Sheth, Moody's.

In an interview with ET Now, Atsi Sheth, VP-Sovereign Risk Group, Moody’s, talks about the Union Budget 2013 and what can be expected in th...

The modernisation plan of the armed forces will not be affected by the reduction in the defence budget in the current year: Government.

RBI today asked the government to provide investment stimulus and take aggressive steps, like increasing petroleum prices, to curtail subsi...

"A few state governments may find it difficult to meet the fiscal targets set by the 13th Finance Commission in 2011-12," ICRA said.

With bankruptcy looming large and debt touching Rs 83,000 crore, the Maharashtra government is trying to bring in an act to restore the fis...

The government is likely to accept the Kelkar committee recommendation with respect to indefinite carry-over of business losses. This will ...