Revenue Shortfall

RBI Board may discuss interim dividend in next meeting; govt finances under pressure with moderate revenue collection

If the RBI board agrees to interim dividends based on their six-month performance, it would provide some financial relief to the government,

Govt to seek RBI dividend boost amid struggle to meet expenditure commitments on revenue shortfall

India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as it struggles to meet its expenditure commitments amid a steep revenue shortfall, three sources directly aware of the matter said

With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man

The GDP can’t be taken as just another routine economic data government puts out; it is a vital summary of the real economic activity on the ground

Asian Development Bank cuts India's GDP growth forecast to 7%

Earlier in April this year too, Asian Development Bank had lowered India's growth forecast for FY20 to 7.2% from 7.6% estimated previously

RBI likely to pay govt up to Rs 40,000 crore interim dividend; funds crucial to bridge widening budget deficit

The dividend could help Prime Minister Narendra Modi’s administration bridge a widening budget deficit following a drop in tax collections.

GST compensation paid to states declines to Rs 11,900 cr during Aug-Sep against Rs 14,930 cr in June-July period

The government collected a record Rs 1,00,710 crore from Goods and Services Tax (GST) in the month of October. The returns filed and taxes collected in October reflect purchase and sale activities of September