Current Fiscal

Fitch lowers India growth forecast to 7.2% for current fiscal; rupee to weaken to 75 vs dollar by end of 2019

It said GDP growth “softened quite substantially” in July-September quarter of current fiscal growing by 7.1 percent, as against 8.2 percent in April-June.

Reserve Bank keeps interest rates unchanged, lowers inflation projection to 2.7-3.2% for H2 FY19 on normal monsoon

The RBI also retained the GDP growth projection for FY19 at 7.4 percent. For the first half of 2019-20, the GDP is been projected at 7.5 percent.

India's GDP likely to recover in Q4 of FY19; third quarter may remain slow, says Niti Aayog vice chairman

The growth in GDP in July-September is the lowest in three quarters but better than 6.3 percent in the same period of the previous year.

Govt breaches full-year fiscal deficit target at Oct-end on lower revenue collections

The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 percent of Budget Estimate (BE) during April-October of the current financial year.

EPFO may retain 8.65% interest rate on provident funds for current fiscal

Retirement fund body EPFO is expected to keep interest rate unchanged at 8.65 percent on provident funds for its about 5 crore members for 2017-18 at its trustees' meet on 21 February, 2018