Business Headlines: Will Reliance buy BPCL?
The government, desperate to meet its fiscal deficit target of 3.4% of GDP, earmarked an ambitious ₹ 1.05 Trillion as its disinvestment receipts. To meet...
Tag : fiscal deficit
Business Headlines: Can the government handle Rajan’s criticism?
Renowned economist and ex RBI governor Dr Raghuram Rajan via an essay released on his blog, criticised the government on its inability to deal with...
Pressured to meet the Fiscal Deficit target, Modi govt may seeks Rs 30,000 crores interim dividend from RBI
The RBI paid Rs 28,000 crores as interim dividend to govt during the last fiscal year. It paid Rs 10,000 crores as interim dividend in...
Why RBI’s rate cut won’t lower your EMI?
by News Desk
The Reserve Bank, in its bi-monthly monetary policy meeting (MPC), cut benchmark interest rates by an unprecedented 35 basis points or 0.35%, which now takes...
Bankrupting India, the Rahul Gandhi way
The state of government finances, in our opinion is already weak, though not yet precarious. Signs of an empty Indian treasury already abound. Income tax...
Income Tax Department tightens its noose
With the government struggling to meet its revised fiscal deficit target of 3.4% of GDP for the current year, and add to this, lower than...
The Cost of War
The conflict between India and Pakistan, in the aftermath of the Pulwama attack and the retaliatory strike by the IAF thereafter, on the terror camps...
The Cost of War
The conflict between India and Pakistan, in the aftermath of the Pulwama attack and the retaliatory strike by the IAF thereafter, on the terror camps...
The Government is Fiscally Deficient !
by News Desk
The Fiscal Deficit – or the gap between the government’s total expenditure and revenue; is a very important macro economic indicator, and suggests how well...