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Latest Articles in indian economy
Current Inflation Target Band Appropriate For Next 5 Years: RBI Report
The report said trend inflation has fallen from above nine per cent before FIT to a range of 3.8-4.3 per cent during FIT, indicating that 4 per cent is the appropriate level of the inflation target for the country.
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India's April-Jan Fiscal Deficit Hits 66.8% Of Full-Year Target
Net tax receipts were 11.02 trillion rupees, while total expenditure was 25.17 trillion rupees, the data showed.
Read MoreEconomic recovery in consolidation phase since January: ICRA
Economic recovery in consolidation phase since January: ICRA
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India To Clock 13.7 % Growth In FY'22, Contract 7 % This Fiscal: Moody's
Indian economy contracted for two consecutive quarters of June and September this fiscal, thereby entering into recession. Contraction was 23.9 per cent and 7.5 per cent respectively.
Read MoreGovt lifts embargo on granting businesses to private banks
Govt lifts embargo on granting businesses to private banks
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Indian Economy To Contract By 7 % In FY21: SBI Research
The Indian economy contracted by a record 23.9 per cent, but dramatically improved to -7.5 per cent in the second quarter.
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Govt Monitoring Fiscal Deficit Carefully: FM
India has exceeded its fiscal deficit target of 3.5 per cent in the current fiscal by a wide margin, due to higher spending to stimulate the economy amid the COVID-19 pandemic.
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Union Budget 2021: Fiscal Policy to Revive the Indian Economy
Now looking at the key points on India fiscal position we observe that our finance minister pegged fiscal deficit at 6.8% of GDP from 9.5% of GDP in FY 21 due to the COVID-19 pandemic to ensure a spurt in the economic growth.
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India Confident Of Keeping 2021-22 Borrowing Costs Below 6%: Sources
"RBI has assured us that the borrowing for 2021/22, yields will be comfortable and we expect it to not top 5.9% for the fiscal,''
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Budget 2021: India’s Step Towards Self-Reliance
Budget increases expenditure on rural infrastructure by 34% to ₹40,000 and 200% for irrigation. Majority of India’s spending power comes from farm yield and rural professions.
Read MoreIndian economy is witnessing V-shaped recovery, says Anurag Thakur
Indian economy is witnessing V-shaped recovery, says Anurag Thakur
Read MoreRBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
RBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
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Focused On Atma Nirbhar Bharat
The schemes intended to provide a boost to infrastructure and manufacturing yet keeping healthcare and agriculture as the center seems like a well thought balanced positive call for this year.
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National Hydrogen Mission And Union Budget: Fuel Of The Hour!
Policy support and financial allocation by the union government is key to moving towards clean energy. The government in its Union Budget has allocated Rs 1,500 crore for Indian Renewable Energy Development Agency (IREDA) and the National Hydrogen Mission in 2021-22 for generating Hydrogen from green energy sources.
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