Budget 2024: Budget expenditure shifts to a bottom-up approach
The widely expected shift in capex priorities was aptly summed up in the budget speech. The FM noted that the significant infrastructure...
Department of Expenditure ups states’ additional borrowing ceiling by ₹9.40 lakh crore for FY2024-25
The Department of Expenditure allowed an extra borrowing ceiling of nearly ₹9.40 lakh crore to states in FY2024-25, the Finance Ministry...
Finance Ministry seeks approval of additional expenditure of over ₹44000 crore for FY25, impact on fiscal deficit unlikely
Finance Ministry on Thursday sought approval of fresh cash expenditure of over ₹44000 crore mainly on farm sector. However, this is...
Q2 growth dip not systemic, driven more by lack of public expenditure, says FM
On a day when the RBI lowered growth projection for the current fiscal, Finance Minister Nirmala Sitharaman maintained that the Q2 GDP drop...
Strong capital expenditure, domestic demand behind India’s growth performance: IMF
The International Monetary Fund (IMF) has identified India as the world’s fastest-growing major economy, attributing this...
Healthcare expenditure in India less than 2 per cent of GDP, says Ex-RBI Governor C Rangarajan
India’s healthcare expenditure is currently less than 2 per cent of its GDP, and the government must urgently increase it, former...
Govt hopeful of meeting capital expenditure target for FY25
The government is optimistic of meeting capital expenditure (capex) target of ₹11.11 lakh crore during the current fiscal, a senior...