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DEFICT INDIA
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
World Bank’s advice to India to reconsider RCEP stance flawed: GTRIThe Global Trade Research Initiative (GTRI) has criticized the World Bank's suggestion for India to reconsider joining the Regional Compreh...
Trade deficit widens to $18.7 billion in February; imports, exports rise 12.2%, 11.9% YoYIn February, India's trade deficit expanded to $18.71 billion, rebounding from a nine-month low in the previous month, according to governm...
UP Budget 2024 highlights: Quoting Ramayan, FM presents Rs 7.36 lakh cr record budget, says we are no more a Bimaru state; Fiscal deficit at 3.46%UP Budget 2024 Highlights: Uttar Pradesh FM Khanna said that this budget will lay a strong foundation for UP to become a one-trillion-dolla...
FY23 fiscal deficit: FinMin monitoring daily receipts, expenses in MarchAlthough the government is expected to meet the revised tax revenue estimates, meeting the Rs 50,000 crore target from disinvestment receip...
Economic Survey 2023 Highlights: Growth to remain robust, CAD may widen, loan rates to stay highEconomic Survey 2023 Highlights: The Survey said that the Indian economy has recovered from Covid-induced contraction. It noted that Indian...
States budgets can help improve India's GDP projections: SBI ResearchThe consolidated fiscal deficit of the Centre and states is thus likely to be around 12.7 per cent of GDP, assuming that the Centre’s fisca...
Combined fiscal deficit of Centre, States may go up to 14% in this fiscal: Former RBI Governor Rangarajan"We are essentially talking about 13.8 per cent or 14 per cent of the GDP (gross domestic product) as the overall fiscal deficit of the sta...
Stake sale in LIC, IDBI to do heavy lifting for meeting Rs 2.1 lakh cr divestment targetFor the next financial year, beginning April 1, the government expects a substantial Rs 90,000 crore revenue from disinvestment of governme...
After floods, comes drought: 235 districts face monsoon deficit of 20% or moreUttar Pradesh, Haryana and Madhya Pradesh are the hardest hit states, showing rain deficits of 31%, 28% and 25%, respectively.
US-India trade-deficit in March stood at $2 billionThe trade defict between the United States and India stood at $2 billion in March, according to figures released today.
Exports in November fall 4.17%; incentives to be announced by week-endhe government is all set to announce the next tranche of export incentives by this week-end as exports tumbled for the seventh straight mon...
- Government seeks Parliamentary nod for Rs 34,724 crore extra spend in 2011-12
Government is also seeking Parliamentary nod for Rs 1,585.7 crore for additional equity investment in the bonus shares issued by ONGC.
- Rupee falls by 6 paisa, to trade at 49.22 against the dollar
The rupee continues to trade in a small range, and was down 6 paisa at 2.30 pm, to trade at 49.22 against the dollar as against it'a close ...
- Rupee falls by 3 paisa at 12 noon
The rupee was trading in a narrow range, and was down 3 paisa at 12 noon, to trade at 49.19 against the dollar as against it'a close of 49....
- India Inc wants stronger ties with China
It feels Chinese firms must develop a new mindset for making large investments in India and its government must evolve a consistent and lev...
- Fiscal deficit target 'encouraging': S&P
Standard and Poor's raised India's sovereign credit ratings to investment grade earlier this month.