Tag: government spending
Lower Q1 GDP numbers a blip, no letup in growth: RBI Governor Shaktikanta Das
India’s robust growth prospects and consumption demand are unhurt despite June’s first sub-7% expansion rate in five quarters that central bank governor Shaktikanta Das Thursday…
capex: Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
The finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 lakh crore…
Despite increased Capex, Government on the path of fiscal prudence says Anand Rathi
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs…
Fall in Q1 GDP numbers is because of elections code and restricted govt expenditure: RBI Governor
After the release of the first quarter GDP numbers, RBI Governor Shaktikanta Das on Saturday stated that India’s growth story is intact. The governor was…
India Q1 FY25 GDP data: Will reviving rural growth beat effects of election-time capex lag?
India’s economy is expected to grow between 6.9 and 7.2 per cent in Q1FY25 for the quarter between April and June, 2024. Amid a general…
GDP growth: Q1 growth seen in slow motion on manufacturing slump, lower government spending amid polls
Slowing urban consumption, softer manufacturing sector growth and moderate government expenditure amid elections may have dragged down growth in the first quarter of FY25. India’s…
India economy news: Rural economy is driving India’s growth, Govt capex in infra will stimulate it: Report
The rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due to increased government spending in the…
South Korea: South Korea focuses on fiscal discipline with smallest budget increase in two decades
SEOUL: South Korea‘s government plans to raise budget spending to nearly $497 billion for 2024, but the proposed increase is the smallest in two decades…