If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that. Illustration:... ...
http://www.rediff.com/money/report/frbm-act-may-be-tweaked-as-escape-clause-not-valid/20210104.htmAccordingly, it expects 7.8% contraction in 2020-21 as against (-) 11.8% earlier, and GDP to grow by 9.6% in 2021-22, mainly due to the weak base... ...
https://www.hindustantimes.com/business-news/ind-ra-revises-fy21-gdp-contraction-to-7-8-on-easing-pandemic-headwinds/story-iWfQ0E5zGEatNvI30CgN9O.htmlA communiqué sent by the department of investment and public asset management (DIPAM) to the heads of all PSUs, said the move would help the... ...
http://www.rediff.com/money/report/govt-asks-cash-rich-psus-to-pay-quarterly-dividends/20201114.htmCostlier vegetables and eggs pushed up retail inflation to a nearly six-and-a-half year high of 7.61 per cent in October, keeping it significantly... ...
http://www.rediff.com/money/report/retail-inflation-at-over-6-year-high-of-761-in-oct/20201112.htm