Contracting for the third month in a row, the output of eight core infrastructure industries shrank by 23.4 per cent in May because of the coronavirus-induced lockdown, official data said.  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 ...

Rating agencies S&P and Fitch said they were concerned with government debt levels. Fitch Ratings on Wednesday cautioned that the lack of a credible medium-term strategy to stabilise rising public...

Amid a shortfall in revenue and the need for more public spending, newly elected CII president Uday Kotak said India needs to maintain financial and fiscal stability even as fiscal deficit will inevit...

Fiscal deficit widened to a seven-year high of 4.6 per cent of the gross domestic product (GDP) in 2019-20, missing the government’s estimate by nearly 80 basis points on account of poor revenue rea...

Finance minister Nirmala Sitharaman did not elaborate on how much of the government’s Rs 20-lakh-crore reform package comprises higher government expenditure.Higher expenditure will increase the fis...

Government expenditure to fight coronavirus should be spread over this fiscal and the next otherwise the the deficit calculations will go haywire, the National Council for Applied Economic Research (N...

With the government's Rs 20 lakh crore stimulus package, the country's fiscal deficit is likely to be more than double to 7.9 per cent in the current financial year, according to an SBI research repor...

The Centre’s decision to jack up its borrowings for the year is likely to raise bond yields on Monday even as pressure will be on stocks over fears of higher fiscal deficit on account of the rise in...

Fitch Ratings on Tuesday said India’s sovereign rating could come under pressure if there is further deterioration in the country’s fiscal outlook as a result of lower growth or fiscal easing beca...