Search For "fiscal"
New motorway to boost Turkmenistan's transit potential
Updated : 1 month ago IST
The project is being carried out by the private company 'Ojar Aziya' on an investment basis, reflecting a strong commitment from the domestic private sector to modernise the country's infrastructure. Notably, the motorway is being financed without drawing on the state budget, underscoring a
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RBI likely to stay on hold as inflation pressures build: Crisil
Updated : 1 month ago IST
Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
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Economists back RBI's wait-and-watch stance, say it reflects growth confid
Updated : 1 month ago IST
Principal Economist at Crisil, said the Monetary Policy Committee's (MPC) decision was in line with expectations and underscored a cautious wait-and-watch approach. She noted that the MPC is factoring in a likely rise in inflation in the first half of the next fiscal year even as growth rema
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RBI projects retail inflation at 2.1% for FY26; warns of Q4 uptick
Updated : 1 month ago IST
The Reserve Bank of India (RBI) on Friday projected retail inflation for the current fiscal year (2025-26) at 2.1 per cent, even as it flagged potential "upside risks" from geopolitical tensions and volatile energy prices.
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Auto industry records broad-based growth; outlook remains optimistic: Repo
Updated : 1 month, 1 week ago IST
The Indian automotive sector recorded a steady climb in the first ten months of the current fiscal year, with cumulative domestic two-wheeler (2W) sales growing by 9 per cent year-on-year (YoY) to 1.5 crore units and the passenger vehicle (PV) industry posting a 7 per cent YoY increase to ap
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US President Trump signs bill ending partial Fed shutdown
Updated : 1 month, 1 week ago IST
"I'm thrilled to sign the Consolidated Appropriations Act to immediately reopen the federal government and fund the vast majority of operations through the rest of the fiscal year," the president said in the Oval Office.
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US House votes to end partial government shutdown, extends temporary fundi
Updated : 1 month, 1 week ago IST
According to The Hill, the measure was passed by a narrow 217-214 vote and has been sent to US President Donald Trump for his signature, which is expected to formally end the four-day shutdown that began on Saturday.
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Capex spike reflects government's focus on infra-led development: V Vualna
Updated : 1 month, 1 week ago IST
On rural employment, the Expenditure Secretary highlighted that the Budget has allocated Rs 95,000 crore for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin), a new wage employment scheme that will replace MGNREGA. "The allocation is based on estimates prepared at the t
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U.S. trade deal finalised, removes uncertainty; details awaited on farm ac
Updated : 1 month, 1 week ago IST
India is happy that a trade deal with the United States has been finalised, it removes uncertainty and creates investment opportunities between the world's two largest democracies, noted Anuradha Thakur, Secretary in the Department of Economic Affairs.
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India's Budget 2026 Aims to Build Services, Digital Infrastructure and Lon
Updated : 1 month, 1 week ago IST
New Delhi [India], February 3: India's Union Budget 2026-27 has elicited strong reactions from industry leaders, particularly in services, technology, real estate and advisory sectors. Across responses, a common theme emerges: policymakers have sought to position India for long-term growth b
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Sikkim Chamber of Commerce welcomes Union Budget 2026-27, calls it 'balanc
Updated : 1 month, 1 week ago IST
Amar Agarwal, President of the Sikkim Chamber of Commerce, on Monday welcomed the Union Budget 2026-27, praising the Government of India for adopting a balanced approach that emphasizes economic growth while maintaining fiscal discipline, highlighting that the continued focus on infrastru
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Budget fulfils aspirations of Uttar Pradesh: UP CM Yogi Adityanath
Updated : 1 month, 1 week ago IST
Uttar Pradesh Chief Minister Yogi Adityanath on Monday lauded the Union Budget 2026-27, asserting that the budget fulfils the aspirations of Uttar Pradesh with its special focus on Micro Small, and Medium Enterprises (MSME) sector.
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