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Govt likely to raise spending in budget to revive economic growth

Finance

28 January, 2020

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 ......

Govt may fund $28 bn of FY21 spending via off-budget borrowings

Economy

23 January, 2020

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 ......

RBI likely to hold rates on inflation concerns: Poll

Finance

23 January, 2020

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 ......

Govt plans to cut spending to curb deficit; may hurt growth

Economy

06 January, 2020

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 ......

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Flashback 2019: The year when the economy took a hard right turn towards turmoil

Economy

23 December, 2019

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 ......

Govt may cut capital gains tax, personal income tax rates in budget

Finance

17 December, 2019

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 ......

April-October fiscal deficit exceeds full-year target

Economy

29 November, 2019

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 ......

Moody's cuts India's outlook to 'negative' on economic growth worries

Economy

08 November, 2019

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 ......

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

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 ......

India to borrow gross $38 bn during October-March

Economy

01 October, 2019

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 ......