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Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

Finance

31 July, 2019

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......

India to raise big chunk of sovereign overseas debt via 30-year bonds

Finance

25 July, 2019

India to raise big chunk of sovereign overseas debt via 30-year bonds

The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior ......

Govt approves $32.4 bn to recapitalise state-run banks

Finance

24 October, 2017

Govt approves $32.4 bn to recapitalise state-run banks

The Indian government approved on Tuesday a state bank recapitalization plan of 2.11 trillion rupees ($32.43 billion) over the next ......