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Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax......

Crisil, Icra lower India growth projections

Rating agencies Crisil and Icra on Monday revised down their India growth projections for the current fiscal and the second quarter mainly due to the ripple effect of slowdown in global growth and......

Hemmed in by interest rate hikes, HFCs see 19% dip in Q2 net profit

Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest......

Core sector output grows 7.9% in Sep

Production of eight infrastructure sectors expanded by 7.9 per cent in September -- the highest in three months -- on account of better show by coal, fertiliser, cement and electricity segments,......

'Food inflation may lead to December inflation above 7%'

'An eerie similarity with 2019 inflation trajectory could now mean that the RBI and market inflation estimates could go awry.' Illustration: Dominic Xavier/Rediff.com   Elevated food......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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