Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...

India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...

During May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...

India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...

Reserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata. They discussed key economic issu...

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...

India faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...

India's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...

India is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...

India faces significant global uncertainty and external challenges. Despite strong economic growth and improved financial stability, domest...

India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...

India achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...

India's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...

In a commendable feat, the Indian government has hit its FY26 fiscal deficit goal of 4.4% of GDP, largely due to prudent expenditure manage...

India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...