The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
The substantial jump in interest payments to PKR 5.52 trillion from PKR 3.58 trillion in the corresponding period last year contributed significantly to this widening deficit.
In the dramatic first-leg encounter, the Islanders made history with one of the ISL's most remarkable comebacks. They became the first team in playoff history to overturn a 0-2 deficit, clinching a last-minute 3-2 victory over FC Goa.
The Gaurs stayed on top throughout the regulation time scoring a goal on either side of half-time agaisnt the Islanders. Boris Singh opened the scoring for FC Goa as early as 16 minutes into the game. Captain Brandon Fernandes then doubled their lead in the 56th minute, scoring a banger from
According to figures released by the Ministry of Commerce and Industry, India's exports to ASEAN member countries stood at USD 25,627.89 million in the year 2010-11, while imports from these nations amounted to USD 30,607.96 million.
The report says productivity driven growth will contribute to a favourable outlook for India. With inflation projected at 4.5 per cent in the next fiscal and current account deficit forecasted to remain below 1.5 per cent of GDP during the same period.
However, eastern states including Bihar, Jharkhand, Odisha, and West Bengal face the risk of deficit rainfall during peak monsoon months, while Northeast India may experience below-normal rains in the first half of the season. There will be above-normal rains over Kerala, Konka, Karnataka
Union Defence Minister Rajnath Singh on Sunday launched an attack on Congress and said that the party's manifesto is a "cheque drawn on an empty bank."
Anuradha Basumatari, Director of Public Finance at Ind-Ra, emphasized the favorable conditions for capital expenditure, stating, "Containment of the revenue deficit provides greater fiscal flexibility to states, which is favorable to capital expenditure and is expected to continue in FY25