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Indian bond yields surge as government borrowing balloons

Markets

11 May, 2020

Indian bond yields surge as government borrowing balloons

India's benchmark 10-year bond yield surged on Monday following the government's decision to sharply increase market borrowing amid a major ......

Budget math changes as govt increases FY21 borrowing by 54%

Economy

08 May, 2020

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......

India may see 0% GDP growth this fiscal year: Moody's

Economy

08 May, 2020

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country expected to ......

Fitch warns India against further deterioration in fiscal outlook

Economy

28 April, 2020

Fitch warns India against further deterioration in fiscal outlook

India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the ......

Meeting FY21 fiscal deficit target ‘very challenging': RBI governor

Finance

27 April, 2020

Meeting FY21 fiscal deficit target ‘very challenging': RBI governor

Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has ......

State govts scramble for funds as virus takes toll on coffers

Finance

07 April, 2020

State govts scramble for funds as virus takes toll on coffers

A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning that essential public services and ......

Weak growth to pull down rupee, coronavirus fears to impinge: Poll

Markets

06 February, 2020

Weak growth to pull down rupee, coronavirus fears to impinge: Poll

The battered Indian rupee will weaken further against the dollar over the coming year as a significant pickup in economic ......

Budget 2020: Growth, fiscal deficit targets tough to meet, says Moody's

Finance

01 February, 2020

Budget 2020: Growth, fiscal deficit targets tough to meet, says Moody's

India’s nominal growth projection and fiscal deficit target for 2020-21 will be challenging to achieve, a Moody’s analyst said on ......

Budget 2020: Tax tweaks but little else as govt wishes for a revival

Economy

01 February, 2020

Budget 2020: Tax tweaks but little else as govt wishes for a revival

On Saturday, while delivering her second union budget speech, Nirmala Sitharaman spoke for almost two hours and 40 minutes, the ......

Budget 2020 Blog: Finance minister Sitharaman unwraps 'bahi khata'

Finance

01 February, 2020

Budget 2020 Blog: Finance minister Sitharaman unwraps 'bahi khata'

Finance minister Nirmala Sitharaman had her task cut out as she delivered her second budget today, with the Indian economy ......