fiscal deficit
Finance
Govt likely to raise spending in budget to revive economic growth
Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its ......
Economy
Govt may fund $28 bn of FY21 spending via off-budget borrowings
India is likely to fund roughly $28 billion of its expenditure outlay in its upcoming budget for the fiscal year ......
Finance
RBI likely to hold rates on inflation concerns: Poll
Rising inflation is expected to keep the Reserve Bank of India from cutting rates again until late this year, while ......
Economy
Govt plans to cut spending to curb deficit; may hurt growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......
Economy
Flashback 2019: The year when the economy took a hard right turn towards turmoil
Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......
Finance
Govt may cut capital gains tax, personal income tax rates in budget
The government is likely to trim personal income tax rates and cut the tax on long-term capital gains from equity ......
Economy
April-October fiscal deficit exceeds full-year target
India's fiscal deficit in the first seven months through October stood at Rs 7.2 trillion ($100.32 billion), or 102.4% of ......
Economy
Moody's cuts India's outlook to 'negative' on economic growth worries
Moody’s Investors Service on Thursday cut India’s ratings outlook to “negative” from “stable”, citing increasing risks that growth in Asia’s ......
Finance
India to miss fiscal deficit target as slowing growth crimps tax revenue
India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......
Economy
India to borrow gross $38 bn during October-March
India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic ......
