Viral Acharya, the former deputy governor of the Reserve Bank of India (RBI), has warned against the central bank monetising the government’s budget deficit, citing risks to inflation and extern...

Fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, or 58.6 per cent of the budget estimates, mainly on account of poor tax collection during the lo...

The government is assessing the pros and cons of choosing between a cut in personal income tax or raising expenditure in welfare schemes as it looks to beef up growth which is expected to come at an 1...

The government is looking at multiple options to redress its fiscal math, with the fiscal deficit till November well past the target set for the budget.Rising subsidies on food, fertiliser and fuel, ...

The country’s fiscal deficit widened to Rs 7.16 lakh crore, or 114.8 per cent of the budgeted target set for 2018-19, during the first eight months of the current fiscal on account of lower revenue ...

Economic affairs secretary Subhash Chandra Garg on Saturday flagged the concern of public debt and the need to cut it over the next five years for fiscal prudence.“Whether you look at fiscal deficit...

The head of the Prime Minister’s Economic Advisory Council has forecast that the government will substantially reduce personal income taxes to spur demand and boost economic growth which is at a six...

Moody’s Investors Service on Thursday cut its growth forecast for India for 2019-20 to 5.8 per cent from 6.2 per cent, saying the economy was experiencing a pronounced slowdown which was partly rela...

India is likely to miss its fiscal deficit target of 3.3 per cent of gross domestic product for the current financial year by 30-50 basis points, two sources said, because of the sharp slowdown in the...

A fall in oil demand during the lockdown has reduced the prices and the amount of import but has helped to reduce the import bill as well as the country’s current account deficit at a time the Modi ...