Election Year

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Centre will ‘comfortably’ meet FY24 fiscal deficit aim even if there is unanticipated spending: Source

While the Ministry of Rural Development has sought more funds for the Mahatma Gandhi National Rural Employment Guarantee Scheme, the finance ministry is yet to take a call on the request.
Govt will meet fiscal deficit aim as no risk of subsidies slippage: Fin Min official

“If inflation is 5 percent and GDP growth is likely at 5.5 percent, nominal GDP growth of 10.5 percent is likely with a tax buoyancy of 1. The government is not optimistic but realistic."
ONGC may bear Rs 70Kcr in under-recoveries this yr: Antique

Some part of the benefit that upstream companies like ONGC saw because of rupee depreciation will be taken away by the government in the form of higher subsidies, says Amit Rustagi of Antique Stock Broking. So instead of Rs 60,000 crore last year, ONGC may be bearing Rs 70,000 crore under recovery this year.

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Election Year

Centre will ‘comfortably’ meet FY24 fiscal deficit aim even if there is unanticipated spending: Source

Govt will meet fiscal deficit aim as no risk of subsidies slippage: Fin Min official

ONGC may bear Rs 70Kcr in under-recoveries this yr: Antique