Tag: government spending
Fiscal deficit in 1st Half of FY25 drops to 29.4% of annual target
The central government’s fiscal deficit in the first half of 2024-25 touched 29.4% of the annual target, compared with 39.3% a year before, as it…
Outlook bright, but demand needs monitoring: MoF
New Delhi: India’s economic outlook remains bright, underpinned by a stable external sector, positive farm prospects and chances of higher government spending to make up…
Fiscal deficit in 5 months hits 27% of FY25 target
The Centre’s fiscal deficit in the first five months of 2024-25 stood at 27% of the annual target – lower than 36% a year ago…
WACR climbs to 6.69% amid banking system liquidity deficit
The weighted average call rate, which indicates banks’ overnight cost of borrowing, closed at 6.69% on Thursday, 19 basis point higher than the Reserve Bank…
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…