“I think RBI has been building up the forex reserves which are essentially being invested in securities which are overseas sovereign securities. The bond yields generally have gone up. In …
New Delhi: The central government’s fiscal deficit, in absolute terms, could be slightly better than the revised estimates for FY24, on the back of better than expected revenue receipts, an …
As India prepares for elections this spring, confidence about the country’s prospects seems ubiquitous. The country has just finalized a new trade agreement; it’s with a small trading bloc composed …
Pranjul Bhandari, Managing Director, Chief India Economist, Asean Economist, HSBC, says “the construction-led activity has given an alternate source of income to rural India. And all of these things come …
New Delhi: Economists expect some significant announcements on February 1 even though it’s an interim budget, since the exercise comes just ahead of the general elections, an ET poll showed. …
New Delhi: The government is likely to stay on the fiscal course-correction glide path in the interim budget for FY25, shunning populist spending or incentives ahead of the summer general …
Mumbai: Populism during elections invariably dents government finances, but this time around it may not be the same, thanks to strong federal revenues and a liberal dividend payment by the …