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India's debt to decline to 50-51% if it maintains a nominal growth rate of
Updated : 1 year, 3 months ago IST
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.
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DMK MPs to protest at Parliament against arrest of fishermen by Sri Lankan
Updated : 1 year, 3 months ago IST
DMK MPs, along with other opposition MPs will be protesting on February 7 (Friday) at Parliament premises against the detainment of Tamil Nadu fishermen by Sri Lankan Navy.
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Govt market borrowings for FY26 are well placed, but alternative funding o
Updated : 1 year, 3 months ago IST
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).
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Despite income tax cuts, India on track for fiscal consolidation: S&P
Updated : 1 year, 3 months ago IST
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.
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Mitsu Chem Plast Limited Strengthens Global Presence with Record 110 Perce
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], February 4: Mitsu Chem Plast Limited (Mitsu) (BSE: 540078), a global leading player in polymer-based moulded products, particularly in hospital furniture parts, has proudly announced achieving a remarkable 110% growth in export value during the 2024-25 fiscal pe
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Different Types of Pension Schemes: Which One Suits You?
Updated : 1 year, 3 months ago IST
New Delhi [India], February 4: Retirement planning is an important step towards fiscal security, and choosing the right pension scheme plays a significant role in that. With so many pensions available, each offering unique features, it can be overwhelming to figure out which one aligns best
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India's Fiscal and Monetary Policies shift towards supporting economic gro
Updated : 1 year, 3 months ago IST
India's fiscal and monetary policies are now focusing more on supporting economic growth, aligning with expectations of a cyclical recovery, according to a report by Morgan Stanley.
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Budget 2025 prioritises non-inflationary growth: Finance secretary
Updated : 1 year, 3 months ago IST
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leade
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Tax relief to boost financial savings, consumption for urban Indians: Gold
Updated : 1 year, 3 months ago IST
Multinational investment banking company Goldman Sachs said that the mega tax relief provided for in Budget 2025 will help the urban consumers boost their net household financial savings, besides partly boosting their consumption.
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10 Indian fishermen detained by Sri Lankan Navy in Gulf of Mannar
Updated : 1 year, 3 months ago IST
The Sri Lankan Navy detained ten Indian fishermen from Mandapam, Tamil Nadu, while they were fishing in the Gulf of Mannar. The incident has sparked unrest among the local fishing community, adding to ongoing tensions over fishing rights between India and Sri Lanka.
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India's current account deficit to widen in FY26, GDP to grow by 6.5 per c
Updated : 1 year, 3 months ago IST
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.
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Govt plans to use borrowings for capex, it is non-inflationary, says Finan
Updated : 1 year, 3 months ago IST
As announced in union budget on February 1, the Indian government plans to borrow Rs 15.4 lakh crore from the market
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