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Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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Government on course to meet fiscal deficit target for FY24 as gross tax receipts hit a 20-year high

Economists believe that the government is on track to achieve the fiscal deficit target of 5.3% in …

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'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …

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Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal

Stating that the country's external balances are stronger than expected on the back of strong inflo…

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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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India's fiscal deficit at almost 40% of annual target in first half of FY24

The Indian government's fiscal deficit touched 39.3% of the full year target in the first half of t…

PTI   


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With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts

The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …

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India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data

India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…

PTI   


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India stands to gain as crude oil prices fall to 4-month low

With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…

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Water shortage detrimental to India's credit health, may spark social unrest: Moody's

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sector…

PTI   


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Rupee rises 8 paise as government hints at faster fiscal consolidation

The rupee appreciated by 8 paise to close at 82.96 against the US dollar on Thursday after the gove…

PTI   


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India's Apr-Nov fiscal deficit widens to 58.9% of 2022-23 target

India's fiscal deficit stood at Rs 9.78 lakh crore in the April-November period of 2022-23, which i…

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Budget for world's fastest growing economy: Key numbers to be watched

Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope wal…

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India’s economic growth “very robust” as Western companies shift investment focus from China to India: UN expert

India's economic growth has been described as “very robust” by a UN expert, highlighting the countr…

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Fiscal deficit jumped 82.7% at ₹13.16 lakh crore at the end of February

In actual terms, the deficit stood at Rs 13,16,595 crore at the end of February this year, as pe…

PTI   


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New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

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India's exports marginally up at $34.99 bn in April

Trade deficit, or the gap between imports and exports, during the month stood at USD 19.1 billi…

PTI