...to fund the revenue gap.Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half. IMAGE: Kindly note......
Monsoon in August was almost 24 per cent below normal, which was the sixth driest August since 1901. It came on the back of a 7-per cent monsoon shortfall in July. IMAGE: Laboureres plant saplings......
Companies may foot less of the tax bill for some time yet. Illustration: Dominic Xavier/Rediff.com The corporate share of net direct tax collections has been lower in 2024-25 than in previous......
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.' IMAGE: Reserve Bank of India Governor Sanjay Malhotra.......
While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2% but overall trade will be impacted due to every country going back to the drawing board,......
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand,......
'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.' Illustration: Uttam Ghosh/Rediff.com Taking into account the moderating inflation, slowing......