Economic Times
In absolute terms, the FY24 fiscal deficit stood at ?16.54 lakh crore, down from the revised estimate of ?17.35 lakh crore and FY23 level of ?17.38 la
This is the highest annual growth since FY17, excluding the 9.7% post-Covid rebound in gross domestic product (GDP) in FY22 after the 5.8% contraction
"India's very fast growth rate is an extremely important factor in the ratings and supports our economic assessment. It's also giving us more confiden
Almost 63% of the enrolments in the voluntary segment (UoS-All Citizen) were sourced through the extensive efforts of PoPs, which include banks, NBFCs
M Rajeshwar Rao stressed that asked the leaders of the ARC sector to ensure that the sector remains focused on course charted through legislative and
For previous financial year ended March 2024, the fiscal deficit was better at 5.6 per cent of the GDP as against estimates of 5.8 per cent accounted
India's economy grew at a faster-than-expected 7.8% year-on-year in the first three months of 2024, driven by strong performance in the manufacturing
Arvind Panagariya, the chairman of the 16th Finance Commission, praised India's GDP growth rate of 8.2% for the fiscal year 2023-24, calling it "great
India's Finance Minister, Nirmala Sitharaman, has praised the country's 8.2% GDP growth in 2023-24, stating that the growth momentum will continue in
India's economy experienced a 7.8% growth rate in the January-March quarter, surpassing expectations due to strong performance in the manufacturing se
India has used Rs 9,48,506 crore in its capital expenditure in FY24, up from the revised estimate of Rs 9,49,555 crore. The government plans to narrow
India's eight core infrastructure sector, including coal, crude oil, steel, cement, electricity, fertilisers, refinery products, and natural gas, grew
India's FY24 fiscal deficit hit Rs 16.54 lakh crore, 95.3% of target. Central government's FY24 fiscal deficit stood at at 5.6% GDP, below 5.8% estima
India Q4 GDP: The analysts were anticipating a better-than-expected growth for the January to March quarter this time around. The Reserve Bank of I
Moody's Ratings projected India's growth at 6.8% in 2024, followed by 6.5% in 2025. The prediction was driven by economic expansion and post-election
India's forex reserves fell by $2 billion to $646.67 billion as of May 24, according to the Reserve Bank of India (RBI). This decline follows a previo
India's index of eight core sectors saw a 6.2% annual growth in April, following a 6.6% growth in March. The eight sectors had grown 4.6% in April 202
Maharashtra Deputy Chief Minister Devendra Fadnavis announced that the state has attracted the highest foreign direct investment (FDI) in India for th
S&P Global Ratings will monitor India's fiscal consolidation efforts over the next two years for a potential sovereign ratings upgrade. Despite raisin
Amitabh Kant highlighted India's infra advancements over the past nine years, noting a tripling of cities with metro coverage, 92,000 km of new highwa
