Tag: Fiscal Deficit
View: Budget 2024 ticks all the boxes, will push Viksit Bharat goal
The budget 2024, with its focus on 9 key priorities, aims to propel India’s economic potential to new heights. A good budget addresses immediate socio-economic…
Finance Secy TV Somanathan: There’s a nudge for industry to opt for less automation, use more labour
The jobs schemes announced in the budget are meant to nudge industry towards more labour-intensive choices, Finance Secretary TV Somanathan said in an interview to…
Same same, but different: Budget 2024 is a ‘government bachao’ and prudent balancing act
When an economy excels, so can its finance minister, with budgetary aplomb. Riding on the winds of 8.2% GDP growth, a continuing boom in tax…
Government cuts borrowing target to ₹14.01 lakh crore for 2024-25
Jul 23, 2024 04:07 PM IST The gross market borrowings have been revised downward to ₹14.01 lakh crore from ₹14.13 lakh crore estimated in the…
budget news: A PPP booster in the budget could chart out growth trajectory of infra sector
In the vast and varied landscape of India’s economic development, infrastructure stands as thebackbone, supporting growth and prosperity. The National Infrastructure Plan (NIP) has laid…
Budget expectations: Budget 2024: Fin Min considering income tax rate cuts to boost consumption
The Indian government is considering lowering personal tax rates for certain categories of individuals in the upcoming Budget 2024, which could help boost consumption in…
Finance ministry steps up capex scrutiny on front-loading funds to states
After front-loading tax devolution and funds for capital expenditure to states, the finance ministry is keeping a close watch on the utilisation of the funds…
Faster tax devolution may not affect states’ borrowings, but will boost capex: Experts
Faster tax devolution payments are unlikely to affect states’ market borrowing in fiscal 2024, but may encourage them to increase capital expenditure, said experts. “Size…
Inflation: View: India’s inflation may have cooled but premature to bet on rate cuts
India‘s inflation may have dropped to its lowest in two years, but the optimism of softer interest rates may be premature as a myriad of…
India economy news: India is a bright spot. Why can’t foreign rating agencies see that?
If you hear the buzz, the Indian economy is the bright spot in a gloomy world. But if you look at its ratings, it’s just…