Fiscal Deficit Target

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer

The PMEAC chairman’s warnings and prescriptions should be an eye-opener to the government in the present economic scenario

Govt may seek Rs 30,000 cr interim dividend from RBI to meet fiscal deficit target for 2019-20; last fiscal central bank paid Rs 28,000 cr

Apart from the RBI dividend, there are other means of bridging any shortfall, including mop-up from disinvestment and higher utilisation of National Small Saving Fund.

No plans to revise fiscal deficit target at the moment, decision to be taken before next Budget, says Nirmala Sitharaman

In the biggest reduction in 28 years, the government on Friday slashed corporate tax by almost 10 percentage points

Corporate tax cut makes India an investment destination; to attract foreign firms to set up units: Nirmala Sitharaman

Quoting experts, Nirmala Sitharaman said India is now much better than China in terms of rate, transparency, and tax administration

RBI to transfer Rs 1.76 lakh cr surplus to Centre, accepts Bimal Jalan panel recommendations

The Bimal Jalan committee, constituted to assess the adequate size of capital reserves that the RBI should hold, submitted its report today

Nirmala Sitharaman's booster shot for economy, sops for auto sector; all this and more from Moneycontrol Pro

India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps

Bimal Jalan panel to submit report to RBI soon; suggests transfer of cental bank’s surplus capital in tranches over 3-5 years

The six-member panel, under former RBI governor Jalan was appointed on 26 December 2018, to review the economic capital framework for the RBI.

RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer

The government and the RBI, during the tenure of the previous governor Urjit Patel, had been at loggerheads over the surplus capital with the central bank.

RSS economic wing says India should not issue foreign currency bonds, terms plan 'anti-patriotic'

The 10-year government bond, the most liquid paper in the domestic debt market, closed at 6.33 percent on Tuesday

Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala Sitharaman

In the Budget presented on Friday, the government lowered the fiscal deficit target to 3.3% of the GDP for 2019-20