Tag: icra
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…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
Bright spot: Manufacturing, festive push keep factory output steady at 4% in September
New Delhi: India’s industrial output remained steady in September, easing slightly to 4% from 4.1% in August, driven by the manufacturing sector amid slowing mining…
India’s core growth loses steam, slows to 3% in Sept
New Delhi: A contraction in the output of coal, crude oil, refinery products and natural gas dragged India’s core sector down to a three-month low…
India’s retail inflation in September hits over 8-year low, eases below RBI’s lower end of target range
India’s retail inflation eased below the lower end of the Reserve Bank of India‘s 2-6% target range to 1.54% in September from 2.07% in August,…
Indian states to tap infra trusts to replicate New Delhi’s success, sources say
Indian states, traditionally cautious about innovative funding models, are turning towards infrastructure investment trusts (InvITs) to monetise their assets, following the federal government’s success, said…
Government reports fiscal gap at 38.1% of FY26 target as of August
New Delhi: Higher spending and lower net tax collection widened the Centre’s fiscal deficit up to August in this financial year to 38.1% of the…
IIP growth in August eases to 4% over manufacturing dip
India’s industrial output growth eased marginally to 4% year-on-year in August due to a slowdown in manufacturing, but economists expect production to rebound in the…
RBI may go for 25 bps rate cut as inflation likely to remain benign: SBI Research report
A SBI research report has pitched for a 25 bps rate cut, saying it is the ‘best possible option’ for the RBI, though some other…
Core sector output hits 15-month high in August
New Delhi: India’s core sector output grew at 6.3% year on year in August, its fastest pace in 15 months, aided by a low base…