We need to revert to a fiscal rule anchored on deficit reduction to provide clarity to the market and also create space to ...

Data from the Controller General of Accounts (CGA) underscores the slowdown. Net tax receipts totalled Rs 12.29 lakh crore by the end of September, down from Rs 12.65 lakh crore during the same period ...

NEW DELHI, July 24 (Reuters) - India plans to move away from targeting a particular level of fiscal deficit after 2025-26, a senior finance ministry official said on Wednesday. Instead, the government ...

NEW DELHI, July 31 (Reuters) - India's fiscal deficit (INFISC=ECI), opens new tab for the first quarter of the financial year that started in April was 1.36 trillion rupees ($16.25 billion), or 8.1% ...

Fiscal policy guides government revenue and spending to maintain economic health, addressing deficits through borrowing or ...

India expects its fuel demand to continue growing and increase by 2.7% in the 2024-2025 fiscal year beginning on April 1, data from the petroleum ministry showed on Thursday. Gasoline consumption in ...

Fiscal policy is central to development. It can support macroeconomic stability, foster growth, and help reduce poverty. Taxes fund essential services, while public spending builds human capital and ...

A new report by SBICAPS projects India’s annual solar capacity addition to double to 30 GW in fiscal 2025 against 15 GW in fiscal 2024. The report states the deployment pace will further improve in ...

India’s solar module exports rose 91% to $1.9 billion in fiscal 2023-24. The US market was the biggest destination, accounting for 98.5% of India’s total PV module exports. Exports to South Africa hit ...