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Don`t start taking sleeping pills: Jaswant to Pranab


"Do not start consuming sleeping pills," this was the advice of former finance minister Jaswant Sing...
Kerala to have 450 e-toilets by March

Kerala to have 450 e-toilets by March


Kerala will have 450 functional e-toilets by the end of this fiscal, becoming the first state in Ind...

Centre working out fiscal package for WB: Pranab


The Centre is working out a financial package for West Bengal to tide over the huge problems the new...

CAG finds deterioration in Bihar`s fiscal position


There was deterioration in Bihar`s fiscal position in terms of trends in 2009-10 compared to the l...

Bihar govt concerned over alarming low CDR


Bihar got expressed conceren over the alarming low credit deposit ratio as compared to the national...

CAG slams Assam for slow pace, lauds fiscal transparency


Assam government has been rapped by the Comptroller and Auditor General of India for slow pace of ...
Fiscal deficit may come in at 6.41 percent

Fiscal deficit may come in at 6.41 percent


A change in the base year used to calculate gross domestic product may help reduce fiscal deficit fo...
Obama to call for partial budget freeze

Obama to call for partial budget freeze


President Barack Obama will Wednesday call for a three-year partial freeze on spending that would sa...
Govt expecting Rs 24k cr from disinvestment

Govt expecting Rs 24k cr from disinvestment


The government on Monay said 60 state-owned companies are likely to hit the capital market in the ne...
NTPC first among 4 PSUs lined up for FPOs this fiscal

NTPC first among 4 PSUs lined up for FPOs this fiscal


Starting with power producer NTPC`s FPO by early next month, four public offers of state-run compani...

Eastern Peripheral Expressway works may start next fiscal


Project works on the proposed 170-km eight lane expressway is likely to begin early next financial ...
Fiscal deficit rises by 73% till Nov

Fiscal deficit rises by 73% till Nov


The fiscal deficit rose by 73 per cent to Rs 3.06 lakh crore in the first eight months of the fisc...
Govt to offload 8.4 pc this fiscal: NMDC

Govt to offload 8.4 pc this fiscal: NMDC


The Government will sell 8.38 per cent of its stake in the mining major NMDC in the current fiscal i...
Japan can avoid double-dip recession: Minister

Japan can avoid double-dip recession: Minister


Japanese National Strategy Minister Naoto Kan said on Sunday the country`s economy can avoid a doubl...
Economy to grow over 7 percent this fiscal: Montek

Economy to grow over 7 percent this fiscal: Montek


Indian economy is unpacking a “better than expected” performance during the fiscal, Planning Commiss...
‘China`s fiscal deficit to fall in 2010’

‘China`s fiscal deficit to fall in 2010’


China`s fiscal budget deficit will shrink next year as government spending declines with a paring ba...
Govt to cut fiscal deficit to 3% after FY12: Pranab

Govt to cut fiscal deficit to 3% after FY12: Pranab


The government will bring down its fiscal deficit to 3 percent of gross domestic product after fisca...
Fiscal deficit to remain within target of 6.8%: Pranab

Fiscal deficit to remain within target of 6.8%: Pranab


Buoyed by the robust performance of economy during the second half of the 2009-10, Finance Ministe...
FM says ample liquidity in system, fiscal deficit in line

FM says ample liquidity in system, fiscal deficit in line


The government on Friday said the 65 per cent rise in its borrowings this fiscal would not affect ...
India faces 70MT coal shortage this fiscal

India faces 70MT coal shortage this fiscal


India faces a shortage of 70 million tonne (MT) of coal this fiscal and the demand supply gap in 2...
WB may up lending 3 times to India this fiscal

WB may up lending 3 times to India this fiscal


The World Bank is expected to increase its lending to India by over three times to USD 7 billion i...
Air India incurs Rs 7,226 cr loss in last two fiscals

Air India incurs Rs 7,226 cr loss in last two fiscals


The government today said the national carrier Air India incurred a loss of Rs 7,226 crore during th...
HDFC Life eyes 15% premium income growth this fiscal

HDFC Life eyes 15% premium income growth this fiscal


Private insurer HDFC Life is targeting a premium income growth of 15 per cent in the current financi...

Delhi Metro may incur Rs 700 crore loss in next fiscal


Delhi Metro may end up in a loss of Rs 700 crore in the next fiscal due to a high depreciation cos...
Beazer Homes posts profit in fiscal Q4

Beazer Homes posts profit in fiscal Q4


Beazer Homes USA said Tuesday it posted a fourth-quarter profit despite a plunge in revenue, thanks ...
India can`t handle high fiscal deficit for long: Pranab

India can`t handle high fiscal deficit for long: Pranab


Finance Minister Pranab Mukherjee has said that India will not be able to sustain high fiscal defi...
India should wind down fiscal stimulus: Raghuram Rajan

India should wind down fiscal stimulus: Raghuram Rajan


India should begin to wind down the fiscal stimulus that was extended to the industry in the wake of...
Food price inflation to ease by this fiscal-end: Montek

Food price inflation to ease by this fiscal-end: Montek


Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said the food price inflation w...
G-20 Finance Ministers agree to maintain fiscal support

G-20 Finance Ministers agree to maintain fiscal support


The G-20 Finance Ministers have pledged to maintain the stimulus packages until the global economy i...
Debt high, too early to adjust fiscal policies: IMF

Debt high, too early to adjust fiscal policies: IMF


The International Monetary Fund on Tuesday projected higher debt levels for the world`s major econom...
Stimulus effect: Fisc deficit up at Rs 1.97 lakh cr till Sept

Stimulus effect: Fisc deficit up at Rs 1.97 lakh cr till Sept


The government`s fiscal deficit rose 92 percent to Rs 1.97 lakh crore in six months ending September...
Fiscal worries: Govt to focus on priority schemes

Fiscal worries: Govt to focus on priority schemes


Pranab Mukherjee has asked the financial advisors of different ministries to focus on the govt`s pri...
Fiscal stimulus must go on for another two years: Assocham

Fiscal stimulus must go on for another two years: Assocham


Assocham`s new president Dr Swati Piramal on Tuesday said the government should continue fiscal stim...
OBC to open over 100 new branches by fiscal-end

OBC to open over 100 new branches by fiscal-end


Oriental Bank of Commerce (OBC) is planning to set up over 100 branches across the country to take t...
LIC grabs 67% share in first 5 months of current fiscal

LIC grabs 67% share in first 5 months of current fiscal


LIC`s market share increased to 67% in new biz in the first five months of current fiscal.

RBI advises Sikkim to work for fiscal prudence


The Reserve Bank of India (RBI) on Wednesday advised the Sikkim government to raise revenues from ...
Inflation much higher if seen from beginning of this fiscal

Inflation much higher if seen from beginning of this fiscal


Inflation stands at 0.37 percent for the second week of September year-on-year, but the price rise...
Don`t expect sops in next fiscal, Com Secy tells exporters

Don`t expect sops in next fiscal, Com Secy tells exporters


Citing "serious fiscal situation", Union Commerce Secretary Rahul Khullar said that no new incentive...
Tension between fiscal, monetary policies to hit stability: RBI

Tension between fiscal, monetary policies to hit stability: RBI


Cautioning the government that growing tension between fiscal and monetary policies can hit financia...
Japan`s new leader backs fiscal regulation

Japan`s new leader backs fiscal regulation


Japan`s next prime minister said on Friday the financial sector must be regulated to foster healthy ...
Many nations may hike tax rates to fund fiscal gaps: KPMG

Many nations may hike tax rates to fund fiscal gaps: KPMG


The governments around the world may consider funding their increasing deficits by hiking personal i...
Prolonged fiscal stimulus may work against recovery: RBI

Prolonged fiscal stimulus may work against recovery: RBI


The Reserve Bank on Thursday cautioned that the fiscal stimulus, which has been given from time to ...
Drought stretches budget; more borrowing unlikely

Drought stretches budget; more borrowing unlikely


A poor monsoon threatens to worsen India`s already steep fiscal deficit as it spends on food imports...
US deficit estimate to be trimmed to $1.58 tr

US deficit estimate to be trimmed to $1.58 tr


The Obama administration will trim its budget deficit forecast for fiscal 2009 to USD 1.58 trillion,...
Britain may default on debt: Opposition

Britain may default on debt: Opposition


Britain`s record level of borrowing during the recession could lead the government defaulting on its...
India`s fiscal responsibility legislation should be reformed: IMF

India`s fiscal responsibility legislation should be reformed: IMF


Expressing concern at the rising fiscal deficit, the IMF has said that there should be a successor t...
Fiat targets to export 7,000 cars this fiscal

Fiat targets to export 7,000 cars this fiscal


Fiat India Automobiles (FIAL) on Wednesday said it is scouting for opportunities in the SAARC regio...
Narrowing fiscal deficit relevant for stabilisation: RBI

Narrowing fiscal deficit relevant for stabilisation: RBI


At a time when fiscal deficit is burgeoning at 6.8 per cent of GDP, an occasional paper from the R...
No quick end to China`s fiscal stimulus: Researcher

No quick end to China`s fiscal stimulus: Researcher


China will stick to its loose fiscal policy for at least three years despite a growing budget defici...
MTNL`s net profit last fiscal falls 63 percent

MTNL`s net profit last fiscal falls 63 percent


State-run telecom operator Mahanagar Telephone Nigam Limited`s (MTNL) net profit nose-dived 63 perce...