Category: Economy

Against total receipt of Rs 32.1 lakh crore, central government is projected to spend nearly Rs 48.2 lakh crore in FY25. Other than interest payments, broad areas which account for…

The Budget proposal projects total expenditure of Rs 48.2 lakh crore against receipt of Rs 32.1 lakh crore for the year 2024-25 or FY25. This implies fiscal deficit of Rs 16.1…

The full budget for FY24-25 has been a marked departure from the interim budget with strong focus on employment generation and boosting domestic manufacturing capacity. Some of the highlights of…

GDP (Gross Domestic Product) of Indian economy grew by 7.8% during Jan-March’24 quarter (Q4’FY24) and 8.2% in FY24, full year as per the data released by NSO (National Statistical Office).…

India’s inflation based on WPI and CPI showed divergent trend for the year ended March’24 (FY24) but from different initial level. While CPI moved down to 4.85% in March’24 from…

Central government’s total debt is projected to increase to Rs 187 lakh crore by the end of FY25, as per the budget projections. This corresponds to an increase of 8.7%…

The budget proposal projects a decline in fiscal deficit (FD) from 5.8% of GDP in FY24 to 5.1% in FY25 whereas revenue deficit is projected to decline from 2.8% to…

The ‘interim budget’ for the year 2024-25, presented by the finance minister Nirmala Sitaraman, did not make any populist announcement. The budget did not list out too many new proposals…

Inflation management remained the focus of global policy makers while the economic performance varied across nations. While US seems to have done well, UK, EU continue to remain under stress.…

India’s GDP is projected to grow by 6.7% during Q3’FY24 as per RBI’s state of the economy report published yesterday. However, its projection may be conservative as it had projected…