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Ktaka’s budget outlay might dip by at least 10% in 2021-22...

Mysuru, Jan 23 | Karnataka chief minister, B. S. Yediyurappa on Saturday hinted that Athe state budget for 2021-22 will be downsized given the...

Fiscal deficit of states to hit peak of Rs 8.7 lakh...

New Delhi, Jan 20 | The Covid pandemic-induced lockdown and consequent slump in economic activity will hit tax collections of states and result in...

Bird flu to hit Jan sales, unlikely to cull poultry profitability...

New Delhi, Jan 18 | The avian flu outbreak in India could pare poultry sales by a third this month, but if the history...

India’s economy shrank 9.6% in 2020-21, can rise with vaccine to...

By Arul LouisNew York, Jan 5 | India's economy battered by the Covid-19 pandemic is forecast to crater by 9.6 per cent during the...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target (Lead)

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

‘US economy plateauing due to Covid-19 resurgence, lack of fiscal support’

Washington, Dec 3 | The US economy is "plateauing" due to a continued resurgence of new coronavirus cases across the country and the lack...

Yellen expected to pass further fiscal stimulus

New Delhi, Dec 1 | US President-elect Joe Biden is poised to choose Janet Yellen as his Treasury Secretary and top cabinet official in-charge...

Indebtedness of states may hit decade-high 36% this fiscal: Crisil Ratings

Mumbai, Dec 1 | The pandemic-induced lockdown and consequent slump in economic activity will increase states' indebtedness to atleast 36 per cent this fiscal...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target (Lead)

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

US Fed chief renews call for more fiscal support

Washington, Nov 18 | US Federal Reserve Chairman Jerome Powell renewed his call for Congress to roll out more fiscal support, as the country...

Aus economic recovery could falter without fiscal boost: Treasury Secy

Canberra, Nov 6 | Australia's economic recovery from the ongoing coronavirus pandemic could "falter" without strong fiscal stimulus from the government, Treasury Secretary Steven...

IMF chief economist urges more fiscal stimulus to boost recovery

Washington, Nov 3 | Gita Gopinath, chief economist of the International Monetary Fund (IMF), has urged policymakers to provide more fiscal stimulus to boost...

India’s Apr-Sep fiscal deficit at around 115% of budgetary target

New Delhi, Oct 29 | India's budgetary fiscal deficit for the April-September 2020-21 period stood at Rs 9.13 lakh crore, or 114.8 per cent...

States’ fiscal deficit to almost double in FY21, suggests RBI report

New Delhi, Oct 27 | The states' finances are going deeper into a crisis situation with a new Reserve Bank of India report now...

Intel reports 4% revenue drop in fiscal Q3

San Francisco, Oct 23 | Intel's fiscal third-quarter revenue reached $18.3 billion, down 4 per cent year-over-year as its data-centric revenue declined 10 per...

Covid to reduce profits of hospitals by 35-40% this fiscal: Crisil

Mumbai, Oct 20 | Postponement of elective surgeries, revenue loss from the highly profitable medical tourism segment, and increasing safety and sanitisation costs amid...

Riding on 5G, Apple may see 15% iPhone growth next fiscal...

San Francisco, Oct 17 | Apple is expected to witness 15 per cent iPhone growth next fiscal year and the primary wave of...

Covid fiscal support ‘modest’, direct govt spending at 1.2% of GDP:...

New Delhi, Oct 15 | Centre's latest measures aimed at inducing consumer demand have been termed as too less and also quite late given...

Conditional fiscal stimulus at minimal 0.2% of GDP: SBI Ecowrap

New Delhi, Oct 13 | The latest stimulus measures announced by the Centre will lead to a maximum additional cash outgo of Rs 40,000...

Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI...

New Delhi, Oct 1 | The FY21 consolidated fiscal deficit of the Centre and state governments might touch 13 per cent of GDP, said...

India’s Apr-Aug fiscal deficit at over 109% of budgetary target (Lead)

New Delhi, Sep 30 | India's budgetary fiscal deficit for the April-August 2020-21 period stood at Rs 8.70 lakh crore, or 109.3 per cent...

Lack of fiscal support poses downside risk to US economy: Fed...

Washington, Sep 25 | US Federal Reserve Chairman Jerome Powell said that the lack of further fiscal support would pose a downside risk to...

US stocks close higher on hope of new fiscal stimulus

New York, Sep 25 | US stocks managed to realize marginal growth amid positive signals about additional fiscal stimulus.On Thursday, the Dow Jones Industrial...

NBFC delinquencies could see up to 250 bps spike this fiscal

New Delhi, Sep 18 | The rapid increase in Covid-19 afflictions and intermittent lockdowns will increase asset quality challenges of non-banking financial companies (NBFCs),...

Covid battered residential-realty demand to halve this fiscal: Crisil

New Delhi, Sep 15 | Covid-19 battered residential-realty demand is expected to halve this fiscal, Crisil Research said on Tuesday.According to Crisil Research, the...

India’s April-July fiscal deficit at 103.1% of budgetary target (Lead)

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

India’s April-July fiscal deficit at 103.1% of budgetary target

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

‘Economy unlock will curb fleet operator revenue fall to 15% this...

New Delhi, Aug 28 | A likely surge in freight demand as economic activities return to normal will contain the fall in fleet operator...

Punjab seeks fiscal package to manage Covid crisis

Chandigarh, Aug 25 | Citing the huge revenue losses suffered by the state on account of the Covid-19 pandemic and the resultant lockdown, the...

‘US needs additional sizable fiscal package to contain pandemic’

Washington, Aug 11 | The US needs an "additional sizable fiscal package" to contain the COVID-19 pandemic and boost economic recovery, the executive board...

COVID-19 fallout: Fiscal deficit may rise 6.8 pc of GDP in...

New Delhi, Aug 3 | With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this...

April-June fiscal deficit at 83.2% of budgetary target (Ld)

New Delhi, July 31 | India's budgetary fiscal deficit for the April-June 2020-21 period stood at Rs 6.62 lakh crore, or 83.2 per cent...

‘EU recovery fund radical change from austerity, fiscal conservatism’

Rome, July 23 | In his report to the Italian parliament on the recently concluded European Union (EU) summit which agreed on a landmark...

Sales plunge to dent auto dealers’ credit metrics this fiscal

New Delhi, July 8 | Two consecutive years of double-digit decline in sales volume and a 50-100 basis points (bps) moderation in already thin...

Fiscal deficit may rise 6.8% of GDP in FY21: Report

New Delhi, July 1 | With economic disruptions set for a long haul due to Covid-19 pandemic, India could see its fiscal deficit this...

April-May fiscal deficit at 58.6% of budgetary target

New Delhi, June 30 | India's budgetary fiscal deficit for the April-May 2020-21 period stood at Rs 4.66 lakh crore, or 58.6 per cent...

Fiscal health: Anti-COVID fabrics’ go viral

New Delhi, June 27 | India's fabric manufacturers seem to have converted the COVID-19 induced economic catastrophe into an opportunity, as scores of companies...

Revenue of road EPC companies to degrow 8-10% this fiscal

New Delhi, June 23 | Revenue of road-building engineering, procurement and construction companies is expected to degrow by 8-10 per cent this fiscal, Crisil...

India’s FY20 fiscal deficit at 4.5% of GDP, higher than revised...

New Delhi, May 29 | India overshot the revised fiscal deficit target for 2019-20, as it came in at 4.59 per cent of GDP,...

Nepal govt targets 7% growth next fiscal year

Kathmandu, May 29 | The Nepal government has targeted the economic growth of 7 per cent in the next fiscal year 2020-21 despite the...

China’s One Belt One Road worsens fiscal woes in host nation:...

By Aarti Tikoo SinghNew Delhi/Washington, May 23 | The US in its vision document on China, has warned against the Xi Jinping regime's One...

Finance Commission’s panel on fiscal consolidation to meet

New Delhi, May 20 | The first meeting of the 15th Finance Commission's committee on 'Fiscal Consolidation Roadmap' is scheduled to be held on...

Stimulus push: Agri, housing, rural sectors get big Central fiscal booster...

New Delhi, May 14 | Finance Minister Nirmala Sitharaman tried to assuage the economic concerns of farmers, workers and street vendors on Thursday with...

Fiscal package at 5% of GDP, some could be restatement of...

New Delhi, May 13 | The fiscal package to be announced by the Centre on Wednesday would be 5 per cent of the...

Fiscal package to be around Rs 10.71 lakh crore (Lead)

New Delhi, May 13 | Working backwards from the Rs 20 lakh crore economic package indicated on Tuesday economists estimate that it could...

Fiscal package to be around Rs 10.71 lakh crore

New Delhi, May 13 | Working backwards from the Rs 20 lakh crore economic package indicated on Tuesday, economists estimate that it could be...

PBC concerned over tax collection targets for new fiscal year

Karachi, May 6 | The Pakistan Business Council (PBC) on Wednesday expressed concern over an increase in the tax collection targets being set by...

Baghel urges PM to keep credit limit at 6%, fiscal deficit...

Raipur, May 1 | Citing financial problems amid the coronavirus-induced lockdown, Chhattisgarh Chief Minister Bhupesh Baghel on Friday requested Prime Minister Narendra Modi on...

Business

Govt should eye better collections than raising taxes for funds: Survey

New Delhi, Jan 27 | A fund-starved government will be better off looking at increased collections fuelled by an economic recovery and improved technology...