Fiscal Consolidation
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'GDP Estimates Show Robust Growth Of Indian Economy': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the September quarter GDP print of 8.2 per cent shows that reforms and fiscal consolidation drove the Indian economy's robust growth and momentum.
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S&P Global Upgrades India Rating On Economic Resilience. What It Means
S&P Global, the rating agency, has raised India's long-term unsolicited sovereign credit ratings to "BBB" from "BBB-" on Thursday, citing economic resilience and sustained fiscal consolidation.
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Adani Green Energy Q3 Profit Rises 85% To Rs 474 Crore
The consolidated net profit of Adani Green Energy Ltd (AGEL) rose 85 per cent year-on-year in the third quarter of fiscal 2025, market filing shows.
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Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
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IMF's Gita Gopinath Praises Centre's Policy Continuity In Fiscal Consolidation Path
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government.
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Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
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Opinion | Budget FY25: Making Everyday Life Easier Must Be The Primary Goal
While consolidating its fiscal position and sustaining public expenditure to boost growth, the government must push for more ease of living. Citizens yearn for policies that make everyday life easier.
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Modi 3.0: Moody's Expects Policy Continuity But Delays In Far-Reaching Reforms
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said today.
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Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
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Zomato Reports Consolidated Net Loss in Q3 2022, Says Firm Exited 225 Smaller Cities
Online food delivery platform Zomato on Thursday reported a widening of consolidated net loss at Rs. 346.6 crore in the third quarter ended December 31, 2022 impacted by higher expenses and slowdown in food delivery business. The company had posted a consolidated net loss of Rs. 67.2 crore in the same quarter last fiscal, Zomato said in a regulato...
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'GDP Estimates Show Robust Growth Of Indian Economy': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the September quarter GDP print of 8.2 per cent shows that reforms and fiscal consolidation drove the Indian economy's robust growth and momentum.
-
S&P Global Upgrades India Rating On Economic Resilience. What It Means
S&P Global, the rating agency, has raised India's long-term unsolicited sovereign credit ratings to "BBB" from "BBB-" on Thursday, citing economic resilience and sustained fiscal consolidation.
-
Adani Green Energy Q3 Profit Rises 85% To Rs 474 Crore
The consolidated net profit of Adani Green Energy Ltd (AGEL) rose 85 per cent year-on-year in the third quarter of fiscal 2025, market filing shows.
-
Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
-
IMF's Gita Gopinath Praises Centre's Policy Continuity In Fiscal Consolidation Path
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government.
-
Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
-
Opinion | Budget FY25: Making Everyday Life Easier Must Be The Primary Goal
While consolidating its fiscal position and sustaining public expenditure to boost growth, the government must push for more ease of living. Citizens yearn for policies that make everyday life easier.
-
Modi 3.0: Moody's Expects Policy Continuity But Delays In Far-Reaching Reforms
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said today.
-
Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
-
Zomato Reports Consolidated Net Loss in Q3 2022, Says Firm Exited 225 Smaller Cities
Online food delivery platform Zomato on Thursday reported a widening of consolidated net loss at Rs. 346.6 crore in the third quarter ended December 31, 2022 impacted by higher expenses and slowdown in food delivery business. The company had posted a consolidated net loss of Rs. 67.2 crore in the same quarter last fiscal, Zomato said in a regulato...
