New Delhi: The government will continue to prioritise infrastructure creation through higher capital expenditure even as it operates with tight fiscal headroom and navigates persistent global economic uncertainty, expenditure secretary V Vualnam said Monday, signalling continuity in public investment-led growth strategy. In an interaction with ET after the budget, he dismissed concerns raised by states […]
The Economic Survey, unlike the Union Budget which will be presented on Sunday, is not a binding document for the government. It is best read and understood as a glimpse into the overall philosophy which guides economic policy making of which the budget is just a part. And it is also the document that projects […]
Delhi: With the Budget around the corner, market veteran Madhusudan Kela expressed confidence that fiscal discipline will continue, while highlighting opportunities emerging from market corrections. “…During the course of the year, a lot could come. There is a clear revenue gap due to tax cuts, but there has been enough expenditure saving and plus the […]
Budget: Hard choices for the government | Photo Credit: iStockphoto India today stands at a crossroads. The Finance Minister has declared that reducing the debt-to-GDP ratio will be a central policy priority. The intent is sound. According to the International Monetary Fund, India’s general government debt — the combined borrowing of the Centre and States […]
The government is likely to peg India’s fiscal deficit target at 4.3% of the GDP for 2026-27 amid a double-digit growth in capital expenditure, ICRA said. Union Finance Minister Nirmala Sitharaman will present her record ninth consecutive union budget on 1 February 2026. (@FinMinIndia) Union Budget 2026 is set to be an interesting one, the […]
Mumbai-based listed developer Oberoi Realty plans to launch its first project in Delhi-NCR’s Gurugram within the current financial year. Chairman and Managing Director Vikas Oberoi said most approvals for the project are already in place, and the company expects to launch it before the end of the fiscal year. Gurugram real estate project launch: Vikas […]
Tech Mahindra Ltd. is banking on its financial services and manufacturing to deliver growth in the second half of the ongoing fiscal, even as US business is hit, according to its chief executive officer. Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT) “Macro is stabilising and improving in parts but it’s […]