Tag: government spending
Union Budget 2026: Fitch flags slower deficit consolidation, sees growth-neutral stance
Fitch Ratings said on Monday the Union Budget 2026-27 signals a deliberate slowdown in fiscal consolidation, with the government opting to preserve capital spending to…
Unspent funds of up to ₹75,000 crore may help Centre meet FY26 fiscal deficit target
New Delhi: The Centre is likely to save ₹70,000-₹75,000 crore this fiscal year with several key ministries and flagship welfare schemes failing to utilise funds…
Despite tariffs, India’s Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report
India’s economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per…
CAG asks Centre, states to follow uniform classification for recording expenses starting FY28
The CAG has asked the Centre and all the states to start using standard categories for recording government spending, to make accounting and auditing uniform…
Domestic consumption expected to cushion India’s growth slowdown in H2: SBICAPS
India’s economic growth in the second half of the current financial year is expected to remain steady, with strong domestic consumption likely to cushion the…