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January 1, 2025, 02:31 PM - 2 min read
In the Union Budget, the government projected to bring down the fiscal deficit to 4.9 per cent of gross domestic product (GDP) in the current 2024-25 financial year. The deficit was 5.6 per cent of the GDP in 2023-24.
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November 21, 2024, 05:49 PM - 3 min read
India's economy has been facing various challenges in recent months, but the government remains optimistic about its growth prospects for the fiscal year 2024-25.
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July 17, 2024, 08:51 PM - 2 min read
In the first quarter of the fiscal year 2025, Indian exports demonstrated resilience, according to a recent report. Key sectors such as pharmaceuticals, engineering goods, organic and inorganic chemicals, and readymade garments showed positive growth. This trend highlights the strength of core export goods despite challenges in other areas.
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July 16, 2024, 05:17 PM - 2 min read
India is considering an 8-10 per cent increase in its FY25 capital expenditure from the previously allocated Rs 11.11 lakh crore. This potential rise is attributed to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), according to a recent report by the Pantomath Group, a homegrown financial conglomerate.
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