Tag: capital spending
Centre releases addition instalment of tax devolution of Rs 1.09 lakh crore to states
New Delhi: The Centre on Saturday released additional instalment of tax devolution to state governments totalling over Rs 1.09 lakh crore. This is in addition…
Iran war could drag India’s GDP growth to 6.5% this fiscal, says CII president Rajiv Memani
New Delhi: The Indian economy could expand about 7% this fiscal year if the Iran war ends soon but growth could slip to 6.5% if…
ET Graphics: Borrowing now fuels growth as capital spending overtakes fiscal deficit
India Budget 2026: The budget holds the fiscal position, but importantly, govt borrowing is now largely going into financing capex, as is evident in the…
Union Budget FY27: Economists back growth push, urge Sitharaman to sustain capex and deepen reforms
New Delhi: India’s strong economic expansion, low inflation and a reasonable fiscal deficit give the government the necessary space to unveil a growth-supportive budget for…
Fiscal deficit at 36.5% of FY26 target on higher capital spending
The Centre’s fiscal deficit in the first half of 2025-26 hit 36.5% of the annual target, compared with 29.4% a year before, thanks to higher…