The recently concluded India-EU Free Trade Agreement (FTA) and the prospective India-US trade deal, along with several other trade agreements, will support exports over the medium term, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced an upward revision in India's real GDP growth projections for the first two quarters of the next financial year, 2026-27, while deferring the full-year growth forecast to the April policy meeting.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
Union Development of North Eastern Region (DoNER) and Communications Minister Jyotiraditya Scindia on Sunday stated that the Union Budget 2026 focuses on the North Eastern states with the allocation of a budget of Rs. 8,500 crore to DoNER for growth and development works.
Presenting the Union Budget, Finance Minister Nirmala Sitharaman has pegged fiscal deficit at 4.3 per cent of the GDP for the year 2026-27, as against 4.4 per cent being targeted in 2025-26.
The Finance Minister of India, Niramala Sitharaman, has proposed to introduce a dedicated 10,000 crores SME growth fund to create future jobs, incentivising enterprises based on select criteria. She stated that the government recognises MSMEs as a vital engine of growth, and proposes a th
He also emphasised the importance of prioritising India's interests despite global uncertainties, citing the government's efforts to develop alternate markets and pursue Free Trade Agreements (FTAs)
President Droupadi Murmu on Sunday offered 'dahi-cheeni' (curd and sugar) to Union Finance Minister Nirmala Sitharaman as it is considered auspicious ahead of the presentation of her ninth Union Budget.
Sitharaman is set to present her ninth consecutive Union Budget, which will see her equal former Finance Minister P. Chidambaram's record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the most Union Budgets in indepen
Sitharaman is set to present her ninth consecutive Union Budget, which will see her equal former Finance Minister P. Chidambaram's record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the most Union Budgets in indepen
"We expect the Centre's fiscal deficit in FY26-27 to be pegged at 4.2% of GDP. We estimate that this would take debt-to-GDP down to 55% in FY26-27. For FY25-26, we expect the fiscal deficit target of 4.4% to be met, despite serious slippage concerns," noted the report.