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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
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Union Budget: What It Means, How It Chalks Out Financial Plan For The Year
The Union Budget is a financial statement prepared by the government outlining the fiscal policies, and the income and expenditure plans for the upcoming financial year.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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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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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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"Neighbourhood First": S Jaishankar After Maldives Minister Thanks India
Responding to Maldivian minister Moosa Zameer remarks thanking India for the decision to export essential commodities to the island nation for the fiscal year 2024-2025,S Jaishankar said New Delhi is commitment to its policies of neighbourhood first.
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Interim Budget 2024: External Ministry Gets Rs 22,154 Crore
The Ministry of External Affairs (MEA) was on Thursday allocated a total of Rs 22,154 crore for the fiscal 2024-25 in the Union Budget as against last year's outlay of Rs 18,050 crore.
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Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
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G20 Leaders On How To Promote Growth, Reduce Inequalities
Concerned over cascading crises and challenges facing the global economy, G20 leaders underlined the need for well-calibrated monetary, fiscal, financial, and structural policies to promote growth.
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Ahead Of Budget, Chief Adviser Says Keep Finances Tight To Keep Loan Rates Low
Economic Survey by team led by Chief Economic Adviser Nageswaran says fiscal discipline will ensure significant space for policy action in uncertain times
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Budget 2023: This Law Plays A Key Role In Government Expenses
These documents - Macro-Economic Framework Statement and Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement - are statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
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Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
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Global Risks Persist, 'Aggressive Fiscal Consolidation' Should Be Avoided: RBI Panel Member
RBI Monetary Policy Committee (MPC) Member Ashima Goyal said expenditure must be counter-cyclical and the mistake made in the 2000s, when expenditure rose with tax revenues, should be avoided.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
-
Union Budget: What It Means, How It Chalks Out Financial Plan For The Year
The Union Budget is a financial statement prepared by the government outlining the fiscal policies, and the income and expenditure plans for the upcoming financial year.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
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.
-
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.
-
"Neighbourhood First": S Jaishankar After Maldives Minister Thanks India
Responding to Maldivian minister Moosa Zameer remarks thanking India for the decision to export essential commodities to the island nation for the fiscal year 2024-2025,S Jaishankar said New Delhi is commitment to its policies of neighbourhood first.
-
Interim Budget 2024: External Ministry Gets Rs 22,154 Crore
The Ministry of External Affairs (MEA) was on Thursday allocated a total of Rs 22,154 crore for the fiscal 2024-25 in the Union Budget as against last year's outlay of Rs 18,050 crore.
-
Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
-
G20 Leaders On How To Promote Growth, Reduce Inequalities
Concerned over cascading crises and challenges facing the global economy, G20 leaders underlined the need for well-calibrated monetary, fiscal, financial, and structural policies to promote growth.
-
Ahead Of Budget, Chief Adviser Says Keep Finances Tight To Keep Loan Rates Low
Economic Survey by team led by Chief Economic Adviser Nageswaran says fiscal discipline will ensure significant space for policy action in uncertain times
-
Budget 2023: This Law Plays A Key Role In Government Expenses
These documents - Macro-Economic Framework Statement and Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement - are statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
-
Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
-
Global Risks Persist, 'Aggressive Fiscal Consolidation' Should Be Avoided: RBI Panel Member
RBI Monetary Policy Committee (MPC) Member Ashima Goyal said expenditure must be counter-cyclical and the mistake made in the 2000s, when expenditure rose with tax revenues, should be avoided.
