The Narendra Modi government will focus on public investment in infrastructure in the next budget as this will reinvigorate an economy devastated by the virus, finance minister Nirmala Sitharaman said...

India Inc has pitched for fiscal consolidation over a three-year period in their pre-budget meeting with finance minister Nirmala Sitharaman. In the first of such meetings by the finance minister, th...

Let’s understand the chronology: before the 2014 general elections, Narendra Modi promised farmers that he would comply with the Swaminathan Commission formula to arrive at a minimum support pri...

The Union cabinet on Wednesday approved a previously announced job scheme that seeks to encourage businesses to hire new employees. Under the Rs 22,810-crore scheme, the government will provide for t...

Finance minister Nirmala Sitharaman on Friday exhorted large central public sector enterprises (CPSEs) to exceed their planned capital expenditure (capex) target for 2020-21 by March to accelerate eco...

The fiscal deficit widened to Rs 9.53 lakh crore, which is 119.7 per cent of the Rs 7.96-lakh-crore budgeted target, at the end of October of the current financial year. The deficit widened mainly on...

Finance minister Nirmala Sitharaman on Monday said the momentum gained by the reform process would continue and make India a favoured destination for global investors. Sitharaman claimed several sove...

China’s factory output rose faster-than-expected in October and retail sales sped up as recovery in the world’s second-largest economy from its Covid-19 slump gathered momentum. Industria...

The Bengal government has partially agreed to the latest formula proposed by the Centre to clear the shortfall in GST compensation to the states. While it has decided to go along with the Modi govern...

...