Search For "fiscal"
Rupee weakness temporary, GDP growth outlook stays firm at 7%: DK Joshi, C
Updated : 3 months, 1 week ago IST
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
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Paradip Port crosses 100 MMT cargo milestone; Odisha Minister Swain says p
Updated : 3 months, 1 week ago IST
Speaking to ANI on Monday, Odisha Minister Sampad Chandra Swain highlighted the port's performance, saying, "Paradip Port is doing the most number of cargo handling in the entire country and it is a major success for us that till November 27 this year, it has completed loading over 100 mi
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Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of F
Updated : 3 months, 1 week ago IST
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income tax and GST collections, according to a report by Goldman Sachs.
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Centre to move Central Excise (Amendment) Bill for consideration in Parlia
Updated : 3 months, 1 week ago IST
Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy of compensation cess in GST without large impact on tax incidence. This bill seeks to amend the central excise rates, as the cess will be discont
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GST collection in November inches up 0.7% to touch Rs 1.70 lakh crore
Updated : 3 months, 2 weeks ago IST
According to provisional data released by the government, the total Gross GST revenue touched Rs 1,70,276 crore in November 2025, a 0.7% increase over the Rs 1,69,016 crore collected in November 2024.
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Finance Ministry releases monthly review of accounts of GOI; shows steady
Updated : 3 months, 2 weeks ago IST
The Government of India's fiscal data for the current financial year up to October 2025 shows steady revenue collection and higher fund transfers to states, according to the latest figures released by the Ministry of Finance on Friday. The consolidated monthly accounts reveal that the Centre
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Jairam Ramesh hits out at Centre after NSO predicts 8.2 % growth rate in 2
Updated : 3 months, 2 weeks ago IST
Earlier today, as per the NSO data, India's real GDP was estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26, compared with 5.6 per cent in the same quarter of the previous fiscal.
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Paradip Port Authority achieves fastest-ever 100 MMT cargo throughput in a
Updated : 3 months, 2 weeks ago IST
Notably, in FY 2024-25, the coveted mark of 100 MMT was achieved on 9th December 2024. The record was completed in 241 days in the current fiscal year, compared with 253 days in the last financial year.
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GST cuts boost demand as India posts 8.2% GDP growth, US tariff risks loom
Updated : 3 months, 2 weeks ago IST
The growth numbers are higher than the same period of the previous fiscal, which was recorded at 5.6%.
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Indian economy grows 8.2% in Q2 2025-26
Updated : 3 months, 2 weeks ago IST
India's real GDP has been estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6 per cent in the same quarter of the previous fiscal, official data showed Friday.
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FMCG growth dips in Q2 FY26 on GST transition, but strong H2 revival seen:
Updated : 3 months, 2 weeks ago IST
India's fast-moving consumer goods (FMCG) sector witnessed a brief moderation in growth during Q2 FY26 due to the impact of revised GST rates, but industry players remain upbeat about a strong revival in the second half of the fiscal, according to a latest sector update by Anand Rathi Resear
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IMF rebukes Pakistan for fiscal mismanagement and lack of transparency
Updated : 3 months, 2 weeks ago IST
The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expre
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