GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. Photograph: PTI Photo from the Rediff......
The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday.......
The real requirement for the finance minister's explanatory speech is to explain the measures taken in the Budget to influence inflation and growth not just through the announcement of a deficit......
Gross fiscal deficit of the central government during 2002-03 is likely to be higher at Rs 1,52,300 crore (Rs 1,523 billion) as against the budgeted amount of Rs 1,35,524 crore (Rs 1,355.24......
Voters should demand that the Budget provide numbers and implications that are easy for them to understand It is February, that month of the year when the annual Budget of the central government......