It will be the second Budget of the Modi 3.0 government and the eighth straight Budget for Nirmala Sitharaman, rare in Indian polity. IMAGE: Finance Minister Nirmala Sitharaman addresses the Credit Outreach Programme in Madhubani, November 30, 2024. Photograph: ANI
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December
Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the current fiscal is feasible. Photograph: Anushree Fadnavis/Reuters He also said
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season. The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore,
Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran. India’s second-quarter GDP growth rate of 5.4 per cent is disappointing but there is no reason to be alarmed as
India’s economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption, but the country continued to remain the
