
GST rates across the categories are focused on consumption growth, and the revenue loss could impact the capital expenditure in…
India’s fiscal deficit surged to ₹2.8 lakh crore (17.9% of annual target) in Q1 FY26, doubling year-on-year.
India’s Textile Ministry plans a new national program post-FY26 to boost handloom marketing and exports, emphasizing digital strategies and sustainability.
The Centre tightens borrowing norms for states in FY26, linking loan limits to liabilities like unpaid subsidies, unspent central funds,…
The RBI has transferred a record Rs 2.69 lakh crore dividend to the government for FY25, offering fiscal relief and…
FPI investment in India’s FAR bonds reached a 5-year high of Rs 1.32 lakh crore in FY25, driven by global…
States’ capital expenditure in FY25 showed a marginal decline, with a 1% drop in capex to Rs 4.51 lakh crore.…
We need to translate preferred path of debt-GDP ratio into implied path of fiscal deficit.
The Central government will need to strengthen revenue mobilization, particularly by increasing the tax-to-GDP ratio from the estimated 12.0% in…
Centre’s fiscal prudence is laudable, but should not constrict states’ resources and spending capacity.
Earlier, the RBI had projected growth rate at 7.2%, but the underwhelming data for first half prompted the central bank…
With elections being a binary event and one cannot rule out more volatility for asset classes ahead, it is pertinent…
As Finance Minister Nirmala Sitharaman presented the Budget FY25 on July 23, the government continued with its focus on spending…
Fiscal deficit at just 3% of FY25 target in April-May
Kelkar is right in denouncing high GST rates, and seeking larger fiscal roles for states and local bodies.
One key distinction between monetary and fiscal policy lies in their implementation authorities and tools.
The risk with fiscal consolidation is that it may dampen growth. However, if fiscal consolidation can accommodate a growing capex…
The 10-year bond yield was around 7.14% on the eve of the presentation of the interim Budget. Once it was…