In the financial year 2024-25, EPFO has processed over 5.08 crore claims amounting to Rs 2,05,932.49 crore, surpassing the 4.45 crore claims worth Rs 1,82,838.28 crore settled in the previous financial year 2023-24.
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
The government's market borrowing plans for the financial year 2025-26 (FY26) appear well-placed to support fiscal policy while complementing monetary policy, according to a report by the State Bank of India (SBI).
India's exports of fruits and vegetables have witnessed a significant surge of 47.3 per cent in volume between the financial years 2019-20 and 2023-24, according to the Ministry of Commerce & Industry.
The country's retail inflation is expected to decline to 4.5 per cent in the last quarter (January-March) of the financial year 2024-25 (FY25), while the overall average inflation for the year is likely to be at 4.8 per cent, according to a recent report by the State Bank of India (SBI).
New Delhi [India], February 3: The recently introduced Union Budget for the financial year 2025-26 has placed a significant emphasis on revitalizing the agricultural sector, which has always been the backbone of India's economy. Agriculture is not just a means of livelihood for millions; it
India's economy is expected to grow at 6.5 per cent in the financial year 2025-26 (FY26), slightly higher than the 6.4 per cent growth estimated for the ongoing fiscal year (FY25), according to a report by Crisil.
The Union Budget for the financial year 2025-26, presented by Union Finance Minister Nirmala Sitharaman, has sparked mixed reactions across Himachal Pradesh. While government employees are pleased with the tax relief provisions, apple growers and the state government have expressed deep diss
According to an official release, this allocation is 9.53 per cent more than the Budgetary Estimate of FY 2024-25 and stands at 13.45 per cent of the Union Budget, which is the highest among the Ministries.
Presenting the Union Budget, Finance Minister Nirmala Sitharaman on Saturday pegged the fiscal deficit target at 4.4 per cent of GDP for the financial year 2025-26.