The Centre intends to reduce its fiscal deficit from 6.4% of GDP in 2022-23 to 5.9% of GDP in 2023-24.

The Centre’s fiscal deficit rose to 25.3% of the full-year target due to rising capital expenditures and flat tax receipts

As capital expenditures surged and tax revenue remained flat between April and June of 2023, the Centre’s fiscal deficit grew to 25.3% of the full-year target.…

View More The Centre’s fiscal deficit rose to 25.3% of the full-year target due to rising capital expenditures and flat tax receipts
Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000

Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000: Report

Standard Chartered Bank predicted in a recent research report that India’s per capita income will increase by nearly 70 percent between fiscal 2023 and fiscal…

View More Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000: Report
PM Modi on Indian Economy

PM Modi: The economy would be among the top three in the world during my third term

Prime Minister Narendra Modi stated on Wednesday that the country will experience unprecedented growth during his third tenure in office, which will propel it to…

View More PM Modi: The economy would be among the top three in the world during my third term
IMF Prediction on economic growth of India

The IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday

Due to the country’s stronger-than-expected growth momentum in the March quarter of FY23, the International Monetary Fund (IMF) on Tuesday increased its economic growth prediction…

View More The IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday