Moody's said the government's fiscal deficit for 2020-21 and 2021-22 should be lower than projected, supported by stronger revenue generation in ongoing March quarter and higher nominal GDP growth in the next fiscal year.
The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into areas of banking that were unexplored earlier.
After adjusting for cess and non-shareable excise, the states’ share of the divisible pool has been effectively reduced to 30%. The 41% recommended by the 15th FC is now a delusion
Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Bank of India share price hit respective upper circuits during Thursday’s trading session.
Availability of funds is no longer an issue, as is evident from Budget FY22 that provides the highest-ever total capital expenditure plan of Rs 2,15,058 crore, comprising Rs 1,07,100 crore as budgetary support and the remaini
Union Budget 2021 India: The Union Budget for FY22 has been hailed as growth oriented and the path it has chosen to achieve this is through investment.
The difference between the total revenue receipts (both tax and non-tax revenue) and the interest payments gives a good indicator of how much of the revenue receipt is available to the government
Union Budget 2021 India: The Budget has laid emphasis on increasing capital expenditure, raising allocation for healthcare capacity building and development of agriculture infrastructure, among others, which are expected to h
Union Budget 2021 India: "We are also looking at medium to long-term sustainable growth which will keep India in that kind of growth trajectory which will maintain us as one of the fastest growing economies in the world," she
Union Budget 2021 India: The waves of changes brought to us by this pandemic and unequivocal, and it made countries, brands, and individuals think on their feet.
During the COVID-19 pandemic and the subsequent nationwide lockdown, the logistics sector played a frontline role in maintaining the intactness and continued functioning of domestic supply chains.
Union Budget 2021: An unprecedented level of political resolve has been brought behind these reforms. Now, all of these must be taken to their logical conclusion rather than letting them meander
Budget Session of Parliament: The proposals involve net cash outgo of Rs 4.13 lakh crore while the remaining amount will be matched by savings of ministries or enhanced receipts.
Diving into the fine-print of Nirmala Sitharaman’s third budget, Yogesh Patil, Fund Manager - Equity, LIC Mutual Fund tells Kshitij Bhargava of Financial Express Online, where he sees opportunities now.
India, surrounded by the Arabian Sea, Bay of Bengal and the Indian Ocean, has a vast coastline and the Indian Exclusive Economic Zone (EEZ) is equivalent to about 67% of the land area of the country.
Union Budget 2021 India: The FM hasn’t wasted a crisis and presented a bold growth-oriented budget. This is a bet on India's story playing to its destiny.
Union Budget 2021 India: Through significantly higher outlays for key segments and measures to fund new projects, the Budget has laid the roadmap for faster recovery from the Covid-19 crisis
Union Budget 2021 India: Increased government spending on capital projects and policy measures to promote private and foreign investment will provide a foundation for sustainable growth once the current crisis is past.
In her Budget Speech on Monday, Finance Minister Nirmala Sitharaman announced reducing the duty to 7.5 per cent on products like primary/semi-finished products of non-alloy steel, long products of non-alloy, stainless and all