BUSINESS
Budget 2023: Green bonds unlikely to be issued in first half of FY24
The Union Budget did not specify whether the Centre would issue sovereign green bonds in 2023-24
BUSINESS
Budget 2023: A breakdown of key numbers projected for next fiscal
Finance Minister Nirmala Sitharaman wants to retain the Centre's focus on reviving the economy. But what do the Budget numbers say?
BUSINESS
Budget 2023: Govt pegs FY24 dividend from RBI, PSU banks at Rs 48,000 crore
Budget 2023: The budgeted dividend revenue from the central bank and state-owned lenders is 17.2 percent higher than the revised estimate for FY23
BUSINESS
Budget 2023: FY24 nominal GDP growth assumed at 10.5%
According to the data released by the statistics ministry on January 6, India's nominal GDP growth for 2022-23 is estimated at 15.4 percent versus 19.5 percent in 2021-22
BUSINESS
Budget 2023 | Centre to borrow record Rs 15.43 lakh crore via bonds in FY24
Union Budget 2023: The Centre's borrowing is among the most important determinants of interest rates in the economy. Higher-than-expected government borrowings can push up rates for all bond issuers, sovereign and corporate
BUSINESS
Economic Survey 2023: How growth keeps missing Survey forecasts
The Economic Survey for 2022-23 has forecast real GDP growth for next year at 6.5 percent. But going by the recent performance of these forecasts, actual growth may undershoot the forecast again
BUSINESS
Economic Survey 2023: CEA Nageswaran says FY24 GDP growth forecast hinges on oil staying below $100/barrel
Economic Survey 2023: According to Nageswaran, the uncertainties with respect to the oil market are "tremendous"
BUSINESS
Economic Survey 2023: FY24 baseline GDP growth seen at 6.5%
The Economic Survey said growth next year will be in the range of 6-6.8 percent, "depending on the trajectory of economic and political developments globally".
BUSINESS
Global outlook less gloomy, India a bright spot: IMF's top economist Pierre-Olivier Gourinchas
Gourinchas said that while global inflation developments were encouraging, the battle is "far from won"
BUSINESS
IMF retains growth forecasts for Indian economy at 6.8% this year and 6.1% in FY24
The multilateral agency expects the global consumer inflation to drop sharply from 8.8 percent in 2022 to 6.6 percent in 2023 and then again to 4.3 percent in 2024
BUSINESS
Budget 2023-24 must target 5.5% fiscal deficit: former MPC member Mridul Saggar
Saggar, who was a member of the Reserve Bank of India's rate-setting panel through much of the coronavirus pandemic, says the government must downsize itself even as it continues its focus on capital expenditure
BUSINESS
Budget 2023 | Despite bad year for RBI's foreign investments, govt may get big dividend
The Reserve Bank of India's gains from dollar sales are set to rise sharply and could result in a dividend of as much as Rs 1 lakh crore for the Centre
BUSINESS
UN cuts India's 2023 growth forecast by 20 bps to 5.8% on rate hike, global slowdown fears
The cut in the growth forecast for India is part of a raft of downward revisions made by the multilateral organisation, which has warned of a "looming debt crisis"
BUSINESS
Ahead of Budget 2023, UN tells India to 'stay the course, but be cautiously optimistic'
Christopher Garroway, an economist with the UN, said the Indian government's decision last month to end the free foodgrain scheme and provide the benefits under the National Food Security Act for the entirety of 2023 was a good example of a "measured approach".
BUSINESS
Budget 2023: Centre may fix FY24 fiscal deficit target at 5.9% of GDP, borrow Rs 15.5 lakh crore
The central government may continue to tread the path of gradual fiscal consolidation and lower the deficit by 50 basis points, say economists.
BUSINESS
Budget 2023 | Pundits' View: From fiscal deficit to capex, economists predict FY24 Budget details
Union Budget 2023-24: Experts said the Centre may target a fiscal deficit of 5.9 percent of GDP with capital expenditure set for another increase to almost Rs 9 lakh crore
BUSINESS
Growth to slow in 2023-24, but India to remain among the 'healthiest' in G-20: Moody’s | MC Interview
Moody's expects India's GDP to grow by 5.6 percent in the next financial year, lower than its 6 percent estimate for the country's potential growth rate
BUSINESS
In Graphic Detail | Moving the goalposts — fiscal deficit target and a 20-year delay
'In Graphic Detail' is a special series of data stories covering the Union Budget's key elements over a short and long-term period
BUSINESS
Who belongs to India's middle-class anyway?
Finance Minister Nirmala Sitharaman's recent comments about the Indian middle-class has sparked talk about this famed category of people. But just who is a member of the Indian middle-class?
BUSINESS
MY BUDGET | Food, fuel prices and more in the pocket – ordinary Indians talk of their hopes
Budgets are filled with big promises and even bigger numbers. But drill down to the individual and the demands are very basic
BUSINESS
In Graphic Detail | How RBI's dividend gives Centre a much-needed helping hand
'In Graphic Detail' is a special series of data stories covering the Union Budget's key elements over a short and long-term period
BUSINESS
Oct-Dec inflation 50 bps below RBI forecast, but Feb rate hike still likely
Consumer Price Index (CPI) inflation averaged 6.1 percent in October-December, well below the Reserve Bank of India's (RBI) forecast of 6.6 percent
BUSINESS
CPI inflation falls again in December, hits 1-year low of 5.72%
Headline retail inflation has now spent 39 consecutive months above the Reserve Bank of India's medium-term target of 4 percent
BUSINESS
PM Modi invokes colonial past, says 'Global South' must band together to shape world order
Speaking at the Voice of Global South Summit, the Prime Minister said citizens of Asia, Africa, Latin America and Oceania countries should "no longer be excluded from the fruits of development"
