Mid Year Economic Review

Govt cuts growth forecast but confident of meeting fiscal deficit

India lowered its official growth forecast to between 5.7 and 5.9 percent for this fiscal year, the finance ministry's mid-year economic review said on Monday.

Will Rs 1,00,000 crore budget cuts revive GDP? Jaitley should abandon Chidu's fiscal fundamentalism

In June, economist Arvind Panagariya had advised Arun jaitley to keep the fiscal deficit at 4.5 percent instead of Chidambaram's 4.1 percent. Jaitley stayed with Chidambaram's logic and the economy may be paying the price