The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-Ma
The Indian business community remains optimistic about the country's economic trajectory despite global headwinds, according to the latest 'Pre-Budget Survey 2026-27' released by the Federation of Indian Chambers of Commerce and Industry (FICCI). The survey reveals that nearly 80 per cent
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2026-27, was held today in the Budget Press at North Block, in the presence of Union Minister for Finance and Corporate Affairs Nirmala Sitharaman.
Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on the path of fiscal consolidation, according to a pre-Budget report by ICICI Bank Global Markets.
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
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.
Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27, even as the global environment remains uncertain, according to a report by HSBC Asset Management.
A survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) found strong optimism across industry in India, with nearly 80 per cent of respondents expressing confidence in the country's growth prospects.
Japan's bond markets surged to new highs due to rising expectations of fiscal stimulus under the country's new political leadership and shifting global market dynamics triggered by tariff policies of US President Donald Trump, banking and market expert Ajay Bagga said in an exclusive conv
The Finance Minister, in the upcoming Union Budget 2026, is likely to refrain from further fiscal consolidation in FY27, according to a report by Nuvama.
Leader of the Opposition in Kerala Assembly, V D Satheesan, on Tuesday launched a sharp attack on the state government, alleging fiscal mismanagement and failure across several sectors, while also backing Chief Minister Pinarayi Vijayan's statement regarding the Governor's policy address.