Search Results for: fiscal deficit

Union budget 2020: Income tax relief for middle class on cards

The central government has held multiple discussions on this issue to spur economic growth and the proposal to reduce the tax burden as a step to boost demand in the country.

Jan 7, 2020

Govt mulls over cutting spending to curb deficit; may hurt growth

Asia's third-largest economy, which is growing at its slowest pace in over six years because of lack of private investment, could be hurt further if the government cuts spending.

Jan 7, 2020

Sensex, Nifty stumble as oil jumps after US air strikes Baghdad International Airport

India, the world's third-biggest oil consumer, imports about 80 per cent of its oil needs, making it highly susceptible to crude price swings.

Jan 3, 2020

India's merchandise exports could rise to $330-340 billion in FY20: FIEO

If the global situation improves, which is likely in the first half of 2020, India may look for 15 per cent growth in exports during the next financial year.

Dec 31, 2019

7th pay commission 7th cpc north block finance ministry delhi modi government

Here's why government will struggle to achieve its fiscal deficit target

The economy sinking to a six-and-half-year low of 4.5% in September quarter has made it tougher for the government to achieve its fiscal deficit target.

Dec 26, 2019

Amid economic slowdown in India, IMF calls for 'urgent action'

According to the annual review of International Monetary Fund, India's Declining consumption and investment, and falling tax revenue, have combined with other factors to put an halt to the fastest growing economies in the world.

Dec 24, 2019

Day after Amit Shah showered praises on Sitharaman, IMF signals slashing India's growth estimates

The statement from the IMF has come at a time when Home Minister Amit Shah finally admitting that the country is facing a slowdown because of the conditions in the global economy.

Dec 18, 2019

Wholesale prices jump in November; Annual rate of inflation rises to 0.58%

India's annual rate of inflation based on wholesale prices jumped to 0.58 per cent in November from 0.16 per cent in October.

Dec 17, 2019

Amid talks of Zomato-UberEats merger, Swiggy's losses jumps five times

Notably, the development has come amid its arch-rival Zomato is planning to buy UberEats for an unconfirmed amount up to $200 million

Dec 16, 2019

Maruti U-turn may put India's plan to ease out diesel vehicles on reverse gear

Country's largest carmaker Maruti Suzuki may not want to miss out on the diesel vehicle market share as rivals remain silent on exiting the segment.

Dec 13, 2019

SBI under-reported bad loans by Rs 12,000 crore in FY 19, reveals RBI report

The gross non-performing assets (NPAs) reported by the bank stood at Rs 1.73 lakh crore as on March 31, 2019. However, gross NPAs as detected by RBI was at Rs 1.85 lakh crore for the period.

Dec 10, 2019

Big boost to middle-income segment on the cards as income tax rates may be cut

Finance Minister Nirmala Sitharaman hinted at the possibility of the government revising personal income tax rates and raising the taxable income floor.

Dec 8, 2019

RBI to make sixth interest rate cut, but will it help boost the economy?

Growing by 4.5 percent annually in the June-September quarter, down from 7 percent a year earlier, the economy is expanding well below the rate needed to generate enough jobs.

Dec 4, 2019

No decrease in direct tax collection, went up 5% in November: Sitharaman

FM Sitharaman categorically said that there was no decrease in direct tax collection. "In fact, there is an increase of 5 per cent in the gross direct tax collection till November this fiscal."

Dec 3, 2019

Centre may go for further disinvestments amid lower revenue generation & tax cuts: CLSA

In recent times, the government has been aggressively looking to disinvest Air India and BPCL to meet its fiscal deficit target.

Nov 30, 2019

Prev 43 44 45 46 47 48 49 50 51 52 Next