Search For "fiscal prudence"
USIBC welcomes 2026 Budget, calls for reforms to boost US-India economic t
Updated : 1 month, 1 week ago IST
"USIBC welcomes the Union Budget 2026-27 which underscores the Government of India's continued focus on economic growth, resilience, and global competitiveness. At a time of continued geopolitical uncertainties, the budget reflects India's ambition to sustain momentum as one of the world'
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India's focus should be 8-9% growth, not stock market volatility: Amitabh
Updated : 1 month, 1 week ago IST
"India's focus should remain on achieving 8-9% economic growth over the next three decades, rather than being overly concerned with stock market fluctuations. Our vision should be growth and development, not merely the stock market," he said, calling for clarity of purpose and long-term p
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FY27 budget to prioritise capex, fiscal prudence; limited upside surprises
Updated : 1 month, 1 week ago IST
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
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Budget being prepared under better-than-expected growth & inflation scenar
Updated : 1 month, 2 weeks ago IST
Dharmakirti Joshi, Chief Economist at Crisil, stated that the budget is being prepared under a favourable growth and inflation scenario, though global uncertainty and volatility remain key considerations for the government.
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Historic financial reset for Delhi: Delhi Govt signs transformational MoU
Updated : 2 months, 1 week ago IST
In a historic and far-reaching reform that fundamentally reshapes Delhi's public financial management framework, the Government of NCT of Delhi on Monday signed a landmark Memorandum of Understanding (MoU) with the Reserve Bank of India. The agreement represents a decisive break from past
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Cabinet approves 'terms of reference' for 8th Central Pay Commission
Updated : 4 months, 2 weeks ago IST
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Terms of Reference for the 8th Central Pay Commission, marking a key step in the process to review and revise the pay structure and service conditions of central government employees.
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Policy continuity-stability, thrust on infra, demographic dividend among f
Updated : 10 months, 3 weeks ago IST
Policy continuity and stability, financial stability, fiscal prudence and efficiency, thrust on infrastructure, renewed focus on manufacturing, demographic dividend, innovation, continued focus on Ease of Doing Business and reforms, digitalisation are among factors that will push India's gro
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Gujarat brings down debt-to-GSDP ratio by 4.5%: CM Bhupindra Patel
Updated : 1 year ago IST
Gujarat has made significant strides in improving its fiscal health, with a reduction in its debt-to-Gross State Domestic Product (GSDP) ratio by 4.5 per cent, the highest among the 21 largest states in India. The achievement was highlighted by Gujarat Chief Minister Bhupendra Patel
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20 per cent capex growth crucial for boosting India's GDP: EY report
Updated : 1 year, 1 month ago IST
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
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Union Budget FY25-26 to focus on fiscal prudence and targeted reforms: Phi
Updated : 1 year, 1 month ago IST
Phillip Capital projects the fiscal deficit for FY26 to range between 4.5 per cent and 4.6 per cent of GDP, while FY25 is expected to close slightly higher at 4.6 per cent-4.7 per cent.
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India's Fiscal impulse improves in Nov'24; further pickup likely in rest o
Updated : 1 year, 2 months ago IST
India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.
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India needs to grow at over 7% along with robust fiscal framework to meet
Updated : 1 year, 3 months ago IST
EY India's economy watch suggest the government to implement strategies to enhance tax revenues and un-lock tax resources while maintaining fiscal prudence.
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