India Posts Record Fiscal Deficit As Covid-19 Hits Economy
India’s fiscal deficit touched a record $88.5 billion in the April-June quarter, 83.2% of the target for the whole of...
fiscal deficit
Modi’s Guarded Stimulus Unlikely To Revive Growth
India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a...
Budget Highlights: Boost To Income, Purchasing Power
Finance Minister Nirmala Sitharaman on Saturday unveiled the budget for fiscal year 2020-21, vowing to boost income of Indians and...
India Plans To Cut Spending To Curb Deficit, May Hurt Growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion rupees as...
India To Offload Bharat Petroleum In State Stake Sell-Off
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp Limited (BPCL), finance minister...
India Says No Plans To Revise Fiscal Deficit Target Or Cut Spending Now
India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the...
