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March 16, 2023 05:44 PM IST Financial sector tensions have dealt a blow to oil demand outlook, but India finds herself in a macroeconomic sweet spot.
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March 09, 2023 06:28 AM IST That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last month. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint.
- March 05, 2023 11:29 AM IST
Although the government is expected to meet the revised tax revenue estimates, meeting the Rs 50,000 crore target from disinvestment receipts could be a challenge.
- February 15, 2023 03:47 PM IST
Ahead of Biden's remarks to union workers Wednesday in Lanham, Maryland, the White House issued a fact sheet that questions the GOP's sincerity on deficit reduction.
- February 01, 2023 06:17 AM IST
Budget 2023: Although the government faces elections in key states this year and a national vote in 2024, the budget is unlikely to offer major relief to households due to fiscal constraints, officials have said, while noting that the budget would focus on long-term growth.
- January 27, 2023 03:40 PM IST
India's average current account deficit stands at 3.3% of GDP for the first six months of 2022/23.
- January 23, 2023 10:31 PM IST
How will the government manage its fiscal math? Atanu Chakraborty, Chairperson of HDFC Bank, sits down with Shweta Punj of Moneycontrol to discuss China plus one, recessionary fears, low tariff barriers, outlook on the rupee, steps for formalisation and digitisation in the banking sector, expectations from Budget 2023 and more. Tune in!
- November 18, 2022 06:51 AM IST
Use of silver by industry, for jewellery and silverware and for bars and coins for retail investors were all forecast to reach record levels, the institute said.
- November 10, 2022 05:46 PM IST
Every USD 10 increase in crude prices impacts the Current Account Deficit (CAD) to the tune of 40 basis points while the same on fuel inflation is 50 bps and also results in 23 bps decline in growth, according to Soumyakanti Ghosh, the chief economic advisor at SBI.
- March 16, 2022 07:22 PM IST
After reaching a record low of 77.14 to the dollar on March 7, the rupee has since gained to 76.25 as of March 16. This still represents a fall of 2.28 percent since the beginning of the year, when it was 74.51.
- February 07, 2022 04:32 PM IST
The degree to which planned higher capex (capital expenditure) supports GDP growth and offsets these risks is an important consideration for the sovereign rating, the global rating agency said in a statement.
- May 23, 2020 09:55 AM IST
The Indian government has been able to wean itself off its addiction to deficit financing from the central bank only after liberalisation. Will it now go back to monetising deficits?
- August 14, 2019 09:57 AM IST
Nothing will change unless state electricity boards are revamped
- May 14, 2019 10:14 AM IST
Aside from food inflation, there are other structural issues that can affect inflation outcomes in near to medium term.
- March 14, 2019 04:35 PM IST
India should avoid any knee-jerk reaction such as restricting Chinese imports and deal with the issue as a mature democracy.
- March 06, 2019 03:27 PM IST
Sakshi Batra does a 3 point analysis of the highlights of the opening session.
- February 01, 2019 06:58 PM IST
The Budget held out the promise of spurring consumption but investors were left with heartburn after riding the fine print
- September 10, 2018 04:57 PM IST
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
- July 24, 2017 01:46 PM IST
"Trade deficit with China is a matter of concern. We are discussing the issue with China for greater access for Indian products and services in the Chinese market," Commerce Minister Nirmala Sitharaman said during Question Hour.
- March 31, 2017 05:19 PM IST
Net tax receipts stood at Rs 8.85 lakh crore for the same period and for the month of February the deficit is seen at Rs 41,400 crore against Rs 40,600 crore (YoY).
- February 02, 2017 02:48 PM IST
A report by Ambit Research says that apart from meagrely increasing capex spends and setting aside 0.07% of the GDP for recapitalising banks, the government did not do much to address these two fundamental issues.
- February 01, 2017 11:08 AM IST
Prime Minister Narendra Modi's surprise decision last November to scrap high-value banknotes worth 86 percent of India's cash in circulation has hit consumer demand, disrupted supply chains and hurt capital investments.
- January 25, 2017 02:31 PM IST
The forecasts, released by the Cabinet Office, show the government is falling behind two important fiscal discipline targets that were intended to eliminate the primary deficit, which excludes debt servicing costs and new bond sales.
- January 25, 2017 03:29 PM IST
All eyes are on Budget which is just round the corner and Haseeb Drabu, Finance Minister of Jammu and Kashmir, suggests that Arun Jaitley should focus on public expenditure.
- January 13, 2017 02:54 PM IST
In India, the world's second-largest consumer of the metal, higher prices prompted retail buyers to postpone purchases for wedding season.
