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FISCAL CONSOLIDATION MINISTER
India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...- Need to cut chemical fertilisers usage via crop diversification, incentives: EAC-PM ChairmanIndia must curb chemical fertilizer use by promoting crop diversification, natural farming, and productivity-linked incentives, stated EAC-...
- HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
- Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Senco Gold Q4 Results: Profit skyrockets 151% to Rs 157 croreSenco Gold has announced a significant profit jump of 151 percent for the fourth quarter. This surge is attributed to soaring gold prices a...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
- West Asia crisis a balance of payments stress test, India better placed to navigate: NageswaranIndia's Chief Economic Advisor V. Anantha Nageswaran described the West Asia crisis as a "live balance of payments stress test" impacting i...
- Why 2026 Kerala polls are crucial test for Congress-led United Democratic Front after Left front's decade in powerKerala Exit Poll 2026: Exit polls suggest the Congress-led UDF could unseat Kerala's ruling LDF after a decade in opposition, with projecti...
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Government committed to fiscal consolidation without compromising on expenditureThe minister also said the government has set the fiscal deficit target at 3.3 per cent of GDP for 2019-20.
- Finance Minister Arun Jaitley speaks out on fiscal consolidationArun Jaitley on Sunday said governments spending more than their means could lead to capital flight and loss in value of currency.
- Government committed to fiscal consolidation: Jayant SinhaMinister of State for Finance Jayant Sinha today the quality of figure was important and hinted at not resorting to massive expenditure cut...
- India's Fiscal Cliff: What is the problem & what can be doneProblem, experts say, is that consolidation is being driven through revenue side whereas the trouble is with expenditure
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