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From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Maharashtra farmer sells 25 sacks, gets nothing, asked to pay Re 1 insteadA farmer from Paithan, Maharashtra, received just Re 1 after selling 25 sacks of onions. This incident underscores the severe agrarian cris...
'No fiscal adventurism': Budget strengthens credibility, pushes logistics and trade infraIndia's new budget focuses on steady growth through disciplined finances and smart investments. Public spending on infrastructure will incr...
FY'27 Budget likely to peg fiscal deficit at 4.3%: ICRAUnion Budget News: The government is expected to set the fiscal deficit at 4.3 percent of GDP for the next financial year. Capital expendit...
India's external debt rises 1.5%, but reserves have got its backThe external debt to GDP ratio, however, moderated to 18.9% from 19.1% three months ago. The ratio of India's international assets to inter...
FM Sitharaman dispels gloom over capex cut worries, says no govt programme will sufferThe govt's asset building efforts will persist with a 10.2% higher capex target for FY, FM Sitharaman said. Focus remains on consumption fa...
Govt to focus on reducing debt-GDP ratio to about 50% by FY31The government is set to reduce the debt-GDP ratio to 50 per cent by March 2031 from the current 57.1 per cent, with Finance Minister Nirma...
Budget 2025 in graphics: With FY26 fiscal target in sight, a new roadmap is now expectedThe government is on track to achieve its fiscal deficit target of under 4.5% of GDP by FY26, successfully navigating the challenges posed ...
What needs to be on returning Finance Minister Nirmala Sitharaman’s to-do listBack as FM, Sitharaman’s new challenges include economic costs of climate change, low job creation & tepid private investment
Gilty, My Lord! Pension funds bond more with govt debtNPS drives record investment in government bonds to 4.4%, totaling ₹4.67 lakh crore. Shift towards debt, influenced by market performance, ...
Govt clarifies position on debt, says general govt debt will decline substantially in the medium to long termThe government noted that the IMF staff report had presented the figures as a worst-case scenario and was not a ‘fait accompli’. “It is als...
COVID-19 Impact: Create demand, rescue economyThe latest projections, like those by SBI, show catastrophic economic contraction in FY21. There's still time to avoid or largely mitigate ...
Here's how top mutual fund managers reacted to RBI rate cutThe Reserve Bank of India's (RBI) monetary policy committee trimmed key policy rate by 75 basis points to 4.40 per cent.
What is Imran Khan’s real problem?Imran Khan vowed to curb tax evasion and graft before coming to power but little has been done so far by the administration
Key highlights: Modi's election budget explained in 10 easy pointsIn a slew of mega announcements, the government announced tax sops for middle class, income scheme for farmers.
3.2% fiscal deficit not enough! Rating agencies say do more for rating upgradeS&P said the Budget illustrated the govt’s commitment to improving fiscal performance, but heavy debt and weak public finances remain key c...
Congress criticises PM Narendra Modi for price rise of essential commoditiesCongress raised concerns over rising inflation and blamed PM Modi for the spiraling prices of essential commodities like Arhar Dal, which h...
- India, Brazil have govt debt ratio of 70 pc: Report
India and Brazil have the highest government debt ratios at almost 70 pc of the gross domestic product among top ten emerging market econom...
- Query Corner: Insurance
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- Banks' gross NPA down to 2.5% of loans and advances in 2006-07
The asset quality of banks has improved further last year and is reflected in the decline in their gross and net non-performing assets. Day...