The statistics ministry has adjusted the release date for provisional GDP estimates and fourth-quarter data to June 7 annually, moving from...

The Statistics and Programme Implementation Ministry has changed when it releases GDP data. Provisional GDP estimates and fourth-quarter GD...

India's National Statistics Office has revised the annual GDP data release schedule, moving it from the last working day of May to June 7 a...

What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...

The SASCI scheme has boosted state capital spending to 2.7% of GDP. However, utilization of central loans for capital expenditure is uneven...

State capital spending growth is set to slow in FY27. This moderation follows a strong FY26. Rising revenue expenses and slower revenue gro...

Government employees are pushing for major changes in pay and pensions with the Eighth Central Pay Commission. They want a higher basic sal...

India's budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially...

Fiscal deficit at 6.71% of GDP in 2021-22 against the revised budget estimate of 6.9%, govt data showed Tuesday.

The Covid-19 pandemic could increase budget deficits and indebtedness of state governments as spending needs to exceed revenue collected, S...

For this financial year, the government had initially pegged the fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the bud...

"States are unable to cut expenditures because of large and growing expenditure mandates for the social sector as well as capital spending,...

India had outlined a fiscal deficit target of 3.3 per cent of GDP in 2018-19 as against a revised estimate of 3.5 per cent in 2017-18.

The Kelkar Committee on fiscal consolidation has recommended a number of reform measures in taxation, disinvestment and expenditure, he sai...

The Finance Ministry and the Reserve Bank of India are likely to finalise the market borrowing programme for the first half of the next fin...

The Fertiliser Ministry has opposed the Petroleum Ministry's proposal to cut supply of cheap natural gas to potassic and phosphatic (P&K) f...

Punjab’s forthcoming budget, scheduled for Thursday, will reflect some tough choices, necessary to get the state’s stagnant economy back in...