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Manmohan explains: 'Nyay' will cause no fiscal burden

'Nyay scheme will cost between 1.2-1.5 per cent of GDP at its peak.''Our nearly $3 trillion economy has the fiscal capacity to absorb this expenditure.' Former prime minister Manmohan Singh on......

How can we be a regional power with this defence budget!

'At 1.58% of GDP, the defence budget is one of the lowest since the Chinese aggression of 1962.''The government of the day has lost sight of the fact that defence of the country is as important as......

As FM, Jaitley will be remembered for fiscal rectitude

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages......

How Sitharaman plans to boost growth from 5-year low of 5.8%

India's GDP growth plummeted to nearly five-year low of 5.8 per cent in January-March and it is widely believed that the growth might not have picked up in the first quarter of the current fiscal......

Moody's cuts India GDP growth forecast to 6.2% for 2019

For 2020 calendar year, it reduced the estimate by a similar measure to 6.7 per cent. Illustration: Uttam Ghosh/rediff.com Moody's Investors Service on Friday revised downwards India's GDP growth......

India Inc's profits one of the lowest among major economies

Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%. Illustration: Uttam Ghosh/Rediff.com India’s corporate profit to gross domestic product (GDP) ratio......

IMF cuts India's GDP growth rate to 7%

However, the World Bank has projected India’s GDP growth rate at 7.5 per cent for the next three financial years, including the current one. The International Monetary Fund (IMF) has cut its......

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As FM, Jaitley will be remembered for fiscal rectitude

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came... ...

http://www.rediff.com/money/report/as-fm-jaitley-will-be-remembered-for-fiscal-rectitude/20190825.htm

Aim of Becoming $5-trillion Economy Possible, Says Pranab Mukherjee

Pranab Mukherjee also said the GST needs more clarity and that some signs of a slowdown in the economy were visible since last year, leading to a... ...

https://www.news18.com/news/india/aim-of-becoming-5-trillion-economy-possible-says-pranab-mukherjee-2282621.html

No surcharge on CG from stocks and derivates for FPIs

The government on Saturday clarified that enhanced surcharge has been withdrawn for foreign portfolio investors on capital gains in both the equity... ...

http://www.rediff.com/money/report/no-surcharge-on-cg-from-stocks-and-derivates-for-fpis/20190824.htm

MSMEs get early Diwali, GST refund in 30 days

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and... ...

http://www.rediff.com/money/report/msmes-get-early-diwali-gst-refund-in-30-days/20190823.htm

How Sitharaman plans to boost growth from 5-year low of 5.8%

India's GDP growth plummeted to nearly five-year low of 5.8 per cent in January-March and it is widely believed that the growth might not have... ...

http://www.rediff.com/money/report/we-havent-lost-reforms-momentum-sitharaman/20190823.htm

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