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Apr-Jan fiscal deficit at Rs.11.03 lakh crore, 64% of annual target

New Delhi, Feb. 29 -- India's fiscal deficit during the first ten months of FY24 stood at Rs.11.03 lakh crore, or 63.6% of the revised annual estimate, according to data released by the Controller Gen... Read More


India seeks permanent solution for public stockholding at the WTO

New Delhi, Feb. 28 -- India has taken a firm stand on finalizing a permanent solution for public stockholding for food security. At the 13th ministerial conference of the World Trade Organization, the... Read More


FM asks RBI to conduct monthly meetings with fin-tech cos on regulatory issues

New Delhi, Feb. 27 -- Finance minister Nirmala Sitharaman has asked the Reserve Bank of India (RBI) to hold monthly meetings with fintech companies to tackle regulatory concerns, a person with with di... Read More


FM asks corporates to 'join in a big way' to push up India's growth trajectory

New Delhi, Feb. 27 -- Finance minister Nirmala Sitharaman on Tuesday asked Indian corporates to "join in a big way" to push up India's growth trajectory, especially at a time when the country is aimin... Read More


Govt's FY24 capex target on track; 80% spent till early-Feb

New Delhi, Feb. 26 -- The Union government is on track to achieve its capital expenditure target for the ongoing financial year, a senior government official said, riding accelerated spending on key i... Read More


Food now takes up less in spending bills

New Delhi, Feb. 26 -- Spending on discretionary items-such as durable goods and consumer services-has risen sharply over the past decade or so, even as the share of food in rural Indians' household bu... Read More


Centre released Rs.8.28 lakh crore grants-in-aid to states during FY19-FY23

New Delhi, Feb. 23 -- The central government released over Rs.8.28 lakh crore grants-in-aid to states between FY2019 and FY2023 based on recommendations of successive finance commissions. West Bengal... Read More


India Ratings expects GDP growth to slow to 6.5% in FY25

New Delhi, Feb. 22 -- India Ratings and Research has said it expects the Indian economy to grow 6.5% during FY25, down from the 7.3% growth it estimates for the ongoing fiscal year (FY24). The forecas... Read More


India's economy surges further ahead in February

New Delhi, Feb. 22 -- The Indian economy, which expanded at a four-month high in January, continued to strengthen in February, seeing accelerations in both manufacturing and services sectors during th... Read More


Curbing illegal loan apps discussed at 28th FSDC meeting: Finance ministry

New Delhi, Feb. 21 -- At the 28th Financial Stability and Development Council (FSDC) meeting, chaired by finance minister Nirmala Sitharaman on Wednesday, officials discussed ways to stem the harm cau... Read More