Search For "fiscal"
If crude remains near USD 100/bbl, each month of crisis to add Rs 30,000 c
Updated : 2 days, 5 hours ago IST
If crude oil prices sustain above USD 100 per barrel in FY27, the Central government's annual additional expenditure could rise by Rs 3.6 lakh crore, according to a report by Elara Securities.
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India's GDP projected to grow 7.1% in fiscal 2027 amid global uncertaintie
Updated : 3 days ago IST
India's real gross domestic product (GDP) growth is expected to moderate to 7.1 per cent in fiscal 2027 from 7.6 per cent in the previous year, according to a report by Crisil Intelligence.
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Steel Authority of India reports "best ever" sales in FY'26; Records total
Updated : 3 days, 2 hours ago IST
Steel Authority of India Limited (SAIL) recorded its highest-ever sales performance during the first 11 months of the current fiscal year, bolstered by a 14 per cent year-on-year (YoY) growth. According to the Ministry of Steel, SAIL achieved total sales of 18.24 million tonnes (MT) between
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Iran conflict raises new credit risks for emerging markets, including Indi
Updated : 5 days, 5 hours ago IST
The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.
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Govt continues fiscal consolidation while boosting capital expenditure: Fi
Updated : 1 week ago IST
The government is maintaining fiscal consolidation while prioritising capital expenditure to support infrastructure-led growth, according to the Finance Ministry's Monthly Economic Review for February 2026.
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New GDP series recasts India's economy, revises size and sector shares: Fi
Updated : 1 week ago IST
New GDP Series changes size and structure of Indian economy, with India's latest national accounts revision altering estimates of the economy's size, sectoral composition and expenditure patterns while improving statistical measurement of economic activity according to the Finance Ministry's
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16th Finance Commission proposals long-term positive for states: CRISIL Ra
Updated : 1 week, 1 day ago IST
The recommendations of the 16th Finance Commission (FC), which emphasise reducing revenue deficits and boosting growth-oriented capital spending, are expected to support the fiscal health of states in the long term, according to a report by CRISIL Ratings. However, the rating agency noted th
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Maharashtra to grow at 7.9% in FY26, driven by services and industry: Eco
Updated : 1 week, 2 days ago IST
Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26, up from 7.3 per cent in 2024-25, according to the Economic Survey of Maharashtra 2025-26 tabled in the State Assembly on Thursday. The survey projects steady expansion driven mainly by the services and industrial sectors,
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State Bank of India inducts 5,783 junior associates; Intends to onboard 16
Updated : 1 week, 2 days ago IST
State Bank of India inducts 5,783 Junior Associates to strengthen branch banking services nationwide, the bank announced on Thursday. The recruitment aims to bolster customer service and branch operations across various States and Union Territories. According to a press release from SBI, the
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India's service economy broadly stable heading towards end of current fisc
Updated : 1 week, 3 days ago IST
Output growth across India's service economy was broadly stable heading towards the end of the current fiscal year, despite new orders rising at the slowest pace since January 2025, according to the HSBC India Services PMI report.
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Karnataka CM Siddaramaiah writes to Tamil Nadu CM MK Stalin backs national
Updated : 1 week, 4 days ago IST
In a post on X, Siddaramaiah said, "I have written to Tamil Nadu CM MK Stalin expressing Karnataka's strong support for a renewed national conversation on Union-State relations. Federalism is not a political demand - it is part of the basic structure of our Constitution. Over the years, i
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Despite downward revision in nominal GDP, India's fiscal dynamics remain c
Updated : 1 week, 4 days ago IST
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
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