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India's fiscal deficit crosses full-year budget target in four months

Economy

31 August, 2020

India's fiscal deficit crosses full-year budget target in four months

India's federal fiscal deficit in the four months to end July stood at 8.21 trillion rupees ($111.7 billion), or 103.1% ......

Economy more resilient now vs global financial crisis, says RBI Governor

Economy

27 August, 2020

Economy more resilient now vs global financial crisis, says RBI Governor

The Indian economy remains much stronger amid the coronavirus pandemic than it was during the global financial crisis over a ......

India faces protracted slowdown as virus clouds rural revival

Economy

20 August, 2020

India faces protracted slowdown as virus clouds rural revival

India is staring at a protracted slowdown as coronavirus cases reach its countryside, with signs of recovery in the rural ......

India's fiscal deficit hits 83.2% of annual goal in April-June period

Economy

31 July, 2020

India's fiscal deficit hits 83.2% of annual goal in April-June period

India's federal fiscal deficit touched a record $88.5 billion in the April-June quarter, 83.2% of the target for the whole ......

Foreigners sell India bonds in June, boost inflows in other Asian nations

Markets

17 July, 2020

Foreigners sell India bonds in June, boost inflows in other Asian nations

Asian bonds recorded their biggest foreign inflows in a year in June as a surge in global liquidity following stimulus ......

Indian stocks to lag rivals as stimulus falls short

Markets

14 July, 2020

Indian stocks to lag rivals as stimulus falls short

Foreign investors have begun to price in a slower rebound for Indian stocks this year on concerns that the relatively ......

India's fiscal deficit touches 58.6% of annual target in two months

Economy

30 June, 2020

India's fiscal deficit touches 58.6% of annual target in two months

India’s federal fiscal deficit in the first two months through May stood at 4.66 trillion rupees ($61.67 billion), or 58.6% ......

S&P affirms India's long-term sovereign credit rating, outlook

Finance

10 June, 2020

S&P affirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level ......

GDP growth slows to eight-year low in Jan-March with worse to come

Economy

29 May, 2020

GDP growth slows to eight-year low in Jan-March with worse to come

India’s gross domestic product expanded at a sharply slower pace for the quarter and year through March 2020, as the ......

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How coronavirus threatens to derail years of effort to control India govt debt

Finance

29 May, 2020

How coronavirus threatens to derail years of effort to control India govt debt

When finance minister Nirmala Sitharaman presented the annual budget in February, a little factoid went largely unnoticed and mostly under-reported. For ......